Common use of CONTINUING OBLIGATION OF THE SELLER Clause in Contracts

CONTINUING OBLIGATION OF THE SELLER. SLM ECFC shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period SLM ECFC owned the related Purchased Loan, or (b) a payment made or alleged to have been made to SLM ECFC. Further, SLM ECFC agrees to reasonably cooperate in the preparation and filing of any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.

Appears in 38 contracts

Samples: Additional Purchase Agreement (SLM Student Loan Trust 2012-6), Additional Purchase Agreement (SLM Student Loan Trust 2008-6), Purchase Agreement (SLM Funding LLC)

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CONTINUING OBLIGATION OF THE SELLER. SLM ECFC shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period SLM ECFC owned the related Purchased Loan, or (b) a payment made or alleged to have been made to SLM ECFC. Further, SLM ECFC agrees to reasonably cooperate in the preparation and filing of execute any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.

Appears in 28 contracts

Samples: Additional Purchase Agreement (SLM Student Loan Trust 2006-2), Additional Purchase Agreement (SLM Student Loan Trust 2006-7), Purchase Agreement (SLM Funding LLC)

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CONTINUING OBLIGATION OF THE SELLER. SLM ECFC shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period SLM ECFC owned the related Purchased Loan, or (b) a payment made or alleged to have been made to SLM ECFC. Further, SLM ECFC agrees to reasonably cooperate in the preparation and filing of execute any financing statements at the request of Funding in order to reflect Funding’s 's interest in the Loans.

Appears in 2 contracts

Samples: Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Funding LLC)

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