Common use of Collection Account Clause in Contracts

Collection Account. On the Closing Date, the Issuer shall deposit the Collection Account Initial Deposit into the Collection Account. This amount will be included with other Available Funds on the first Distribution Date.

Appears in 66 contracts

Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Student Loan Trust 2012-5), Administration Agreement (Navient Student Loan Trust 2015-2)

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Collection Account. On the Closing Date, the Issuer shall deposit the Collection Account Initial Deposit into the Collection Account. This amount will be included with other Available Funds on the first Quarterly Distribution Date.

Appears in 5 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2009-2), Administration Agreement (SLM Student Loan Trust 2008-9), Administration Agreement (SLM Student Loan Trust 2008-6)

Collection Account. On the Closing Date, the Issuer shall deposit the Collection Account Initial Deposit into the Collection Account. This amount will be included with other Available Funds on the first Quarterly Distribution Date.. Administration Agreement

Appears in 3 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2008-4), Administration Agreement (SLM Student Loan Trust 2008-8), Administration Agreement (SLM Student Loan Trust 2008-5)

Collection Account. [On the Closing Date, the Issuer shall deposit the Collection Account Initial Deposit into the Collection Account. This amount will be included with other Available Funds on the first Distribution Date.]

Appears in 1 contract

Samples: Administration Agreement (Wachovia Education Loan Funding LLC)

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Collection Account. On the Closing Date, the Issuer shall deposit the amount of the Collection Account Initial Deposit into the Collection Account. This amount will be included with other Available Funds on the first Distribution Date.

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

Collection Account. On the Closing Date, the Issuer shall deposit the Collection Account Initial Deposit $[_____] into the Collection Account. This amount will be included with other Available Funds on the first Distribution Date.

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

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