Common use of Creation of the Trust Estate Clause in Contracts

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth.

Appears in 19 contracts

Samples: Eligible Lender Trust Agreement (SLC Student Loan Receivables I Inc), Eligible Lender Trust Agreement (SLC Student Loan Trust 2009-2), Eligible Lender Trust Agreement (SLC Student Loan Trust 2009-1)

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Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s 's right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth.

Appears in 14 contracts

Samples: Eligible Lender Trust Agreement (SLC Student Loan Trust 2005-3), Lender Trust Agreement (SLC Student Loan Trust 2006-2), Lender Trust Agreement (SLC Student Loan Trust 2005-3)

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s 's right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth.

Appears in 6 contracts

Samples: Lender Trust Agreement (SLC Student Loan Asset Backed Notes Series 2002-1), SLC Student Loan Receivables I Inc, SLC Student Loan Receivables I Inc

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s 's right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth.

Appears in 1 contract

Samples: Trust Agreement (Efg Funding Corp)

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Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Interim Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Interim Eligible Lender Trustee and which trust is hereby accepted by the Interim Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth.

Appears in 1 contract

Samples: Eligible Lender Trust Agreement (Wells Fargo Student Loans Receivables I LLC)

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