Conveyance of Initial Financed Student Loans. In consideration of the Issuer's delivery to or upon the order of the Depositor on the Closing Date of the Certificates and of the net proceeds from the sale of the Notes and the other amounts to be distributed from time to time to the Depositor in accordance with the terms of this Agreement, the Depositor (and with respect to legal title, the Depositor Eligible Lender Trustee, on behalf of the Depositor) does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, sell, transfer, assign, set over and otherwise convey to the Issuer (and with respect to legal title, to the Eligible Lender Trustee on behalf of the Issuer), without recourse (subject to the obligations herein):
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2002-A), Sale and Servicing Agreement (Key Bank Usa National Association), Sale and Servicing Agreement (Keycorp Student Loan Trust 2001-A)
Conveyance of Initial Financed Student Loans. In consideration of the Issuer's ’s delivery to or upon the order of the Depositor on the Closing Date of the Certificates and of the net proceeds from the sale of the Notes and the other amounts to be distributed from time to time to the Depositor in accordance with the terms of this Agreement, the Depositor (and with respect to legal title, the Depositor Eligible Lender Trustee, on behalf of the Depositor) does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, sell, transfer, assign, set over and otherwise convey to the Issuer (and with respect to legal title, to the Eligible Lender Trustee on behalf of the Issuer), without recourse (subject to the obligations herein):
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2004-A), Sale and Servicing Agreement (Key Consumer Receivables LLC), Sale and Servicing Agreement (Keycorp Student Loan Trust 2003-A)
Conveyance of Initial Financed Student Loans. In consideration Consideration of the Issuer's ’s delivery to or upon the order of the Depositor on the Closing Date of the Certificates and of the net proceeds from the sale of the Notes and the other amounts to be distributed from time to time to the Depositor in accordance with the terms of this Agreement, the Depositor (and with respect to legal title, the Depositor Eligible Lender Trustee, on behalf of the Depositor) does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, sell, transfer, assign, set wet over and otherwise convey to the Issuer (and with respect to legal title, to the Eligible Lender Trustee on behalf of the Issuer), without recourse (subject to the obligations herein):
Appears in 1 contract
Samples: Sale and Servicing Agreement (KeyCorp Student Loan Trust 2005-A)
Conveyance of Initial Financed Student Loans. In consideration of the Issuer's delivery to or upon the order of the Depositor Seller on the Closing Date of the Certificates and of the net proceeds from the sale of the Notes and the other amounts to be distributed from time to time to the Depositor Seller in accordance with the terms of this Agreement, the Depositor Seller (and with respect to legal titleor, in the Depositor Eligible Lender Trusteecase of the Initial Financed Student Loans, Bank One, National Association, as eligible lender trustee, on behalf of the DepositorSeller) does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, sell, transfer, assign, set over and otherwise convey to the Issuer (and with respect to legal titleor, in the case of the Initial Financed Student Loans, to the Eligible Lender Trustee on behalf of the Issuer), without recourse (subject to the obligations herein):
Appears in 1 contract
Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-B)