Common use of CONTINUING OBLIGATION OF THE SELLER Clause in Contracts

CONTINUING OBLIGATION OF THE SELLER. The Seller shall provide all reasonable assistance necessary for the Purchaser 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 the Seller owned the related Purchased Loan, or (b) a payment made or alleged to have been made to the Seller. Further, the Seller agrees to reasonably cooperate in the preparation and filing of any financing statements at the request of the Purchaser in order to reflect the Purchaser’s interest in the Loans.

Appears in 32 contracts

Samples: Initial Sale Agreement (Navient Student Loan Trust 2014-6), Initial Sale Agreement (Navient Student Loan Trust 2014-5), Initial Sale Agreement (SLM Student Loan Trust 2014-1)

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CONTINUING OBLIGATION OF THE SELLER. The Seller shall provide all reasonable assistance necessary for the Purchaser 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 the Seller owned the related Purchased Loan, or (b) a payment made or alleged to have been made to the Seller. Further, the Seller agrees to reasonably cooperate in the preparation and filing of execute any financing statements at the request of the Purchaser in order to reflect the Purchaser’s 's interest in the Loans.

Appears in 2 contracts

Samples: Additional Sale Agreement (SLM Funding LLC), Additional Sale Agreement (SLM Funding LLC)

CONTINUING OBLIGATION OF THE SELLER. The Seller shall provide all reasonable assistance necessary for the Purchaser 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 the Seller owned the related Purchased Loan, or (b) a payment made or alleged to have been made to the Seller. Further, the Seller agrees to reasonably cooperate in the preparation and filing of execute any financing statements at the request of the Purchaser in order to reflect the Purchaser’s interest in the Loans.

Appears in 2 contracts

Samples: Sale Agreement Master Securitization Terms Number ____ (Wells Fargo Student Loans Receivables I LLC), Purchase Agreement Master Securitization Terms Number ____ (Wells Fargo Student Loans Receivables I LLC)

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CONTINUING OBLIGATION OF THE SELLER. The Seller shall provide all reasonable assistance necessary for the Purchaser 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 the Seller owned the related Purchased Loan, or (b) a payment made or alleged to have been made to the Seller. Further, the Seller agrees to reasonably cooperate in the preparation and filing of execute any financing statements at the request of the Purchaser in order to reflect the Purchaser’s interest in the Loans.

Appears in 1 contract

Samples: Additional Sale Agreement (SLM Funding LLC)

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