Auction Rate Notes. Re: The National Collegiate Student Loan Trust 2004-1, Class A-4, Class A-IO-1 and Class A-IO-2 Notes ---------------------------------------------- Ladies and Gentlemen: This certificate is delivered pursuant to Section 2.04 of the Indenture, dated as of June 1, 2004 (the "Agreement"), between The National Collegiate Student Loan Trust 2003-1, as Issuer (the "Issuer"), and U.S. Bank National Association, as indenture trustee (the "Indenture Trustee"), in connection with the transfer by the undersigned (the "Transferor") to _________________ (the "Transferee") of $__________________ current principal amount of Class ___ Notes, in fully registered form (each, an "Individual Note"), or a beneficial interest of such aggregate current principal amount in the Regulation S Global Note (the "Global Note") maintained by The Depository Trust Company or its successor as Depository under the Agreement (such transferred interest, in either form, being the "Transferred Interest"). In connection with such transfer, the Transferor does hereby certify that such transfer has been effected in accordance with the transfer restrictions set forth in the Agreement and the Notes and (i) with respect to transfers made in accordance with Regulation S ("Regulation S") promulgated under the Securities Act of 1933, as amended (the "Securities Act"), the Transferor does hereby certify that:
Appears in 1 contract
Samples: Indenture (National Collegiate Student Loan Trust 2004-1)
