Common use of Acquisition Fund Clause in Contracts

Acquisition Fund. There is established hereunder a Fund, held by the Indenture Trustee and designated the "Acquisition Fund". To the extent necessary or appropriate, the Issuer and the Indenture Trustee may establish Accounts within the Acquisition Fund and subaccounts within such Accounts established under this Section. The Indenture Trustee shall deposit to the credit of the Acquisition Fund the amount required by the Terms Supplement. The Acquisition Fund and the Accounts therein shall be applied by the Indenture Trustee for the Financing directly, or indirectly through an Eligible Lender Trustee, of Student Loans from Sellers. The Financing directly, or indirectly through an Eligible Lender Trustee, of Student Loans from Sellers, from the Issuer and/or from the indenture trustee under other financing documents to which the Issuer is a party with moneys representing amounts deposited in the Acquisition Fund (or any Accounts therein) shall be governed by the provisions of Section 5.3.1 below.

Acquisition Fund. There is established hereunder a Fund, held by the Indenture Trustee and designated the "Acquisition Fund". To the extent necessary or appropriate, the Issuer and the Indenture Trustee may establish Accounts within the Acquisition Fund and subaccounts within such Accounts established under this Section. The Indenture Trustee shall deposit to the credit of the Acquisition Fund the amount required by the Terms Supplement. The Acquisition Fund and the Accounts therein (other than the Capitalized Interest Account therein) shall be applied by the Indenture Trustee for the Financing directly, or indirectly through an Eligible Lender Trustee, of Student Loans from Sellers. The Financing directly, or indirectly through an Eligible Lender Trustee, of Student Loans from Sellers, from the Issuer and/or from the indenture trustee under other financing documents to which the Issuer is a party with moneys representing amounts deposited in the Acquisition Fund (or any Accounts therein) shall be governed by the provisions of Section 5.3.1 below.

Acquisition Fund. There is established hereunder a Fund, held by the Indenture Trustee and designated the "Acquisition Fund". To the extent necessary or appropriate, the Issuer and the Indenture Trustee may establish Accounts within the Acquisition Fund and subaccounts within such Accounts established under this Section. The Indenture Trustee has deposited to the credit of the Acquisition Fund the amount required by the Original Terms Supplement and shall deposit to the credit of the Acquisition Fund the any amount required by the Terms Supplement. The Acquisition Fund and the Accounts therein shall be applied by the Indenture Trustee for the Financing directly, or indirectly through an Eligible Lender Trustee, of Student Loans from Sellers. The Financing directly, or indirectly through an Eligible Lender Trustee, of Student Loans from Sellers, from the Issuer and/or from the indenture trustee under other financing documents to which the Issuer is a party with moneys representing amounts deposited in the Acquisition Fund (or any Accounts therein) shall be governed by the provisions of Section 5.3.1 below.