Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the Depositor, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements and the Sale Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 75 contracts
Samples: Interim Trust Agreement (SLM Student Loan Trust 2006-6), Interim Trust Agreement (SLM Student Loan Trust 2012-6), Interim Trust Agreement (Navient Student Loan Trust 2015-2)
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the Depositor, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements Agreement and the Sale Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 18 contracts
Samples: Interim Trust Agreement (SLM Funding LLC), Interim Trust Agreement (SLM Funding LLC), Interim Trust Agreement (SLM Funding LLC)
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the DepositorSeller, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements Agreement and the Sale Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 11 contracts
Samples: Interim Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
Declaration of Trust. The Interim Eligible Lender Trustee -------------------- hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the DepositorSeller, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements Agreement and the Sale Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 10 contracts
Samples: Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp)
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the Depositor, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements and the Sale AgreementAgreements. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 5 contracts
Samples: Interim Trust Agreement (SLM Private Credit Student Loan Trust 2006-A), Interim Trust Agreement (SLM Private Credit Student Loan Trust 2006-C), Interim Trust Agreement (SLM Private Credit Student Loan Trust 2006-B)
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the Depositor, subject to the obligations of the Interim Eligible Lender Trustee under this Agreement, the Purchase Agreements Agreement and the Sale Transfer Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 1 contract
Samples: Lender Trustee Agreement (Chase Education Loan Trust 2007-A)
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the DepositorDEPOSITOR, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements Agreement and the Sale Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 1 contract
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the Depositor, subject to the obligations of the Interim Eligible Lender Trustee under the Purchase Agreements and the Sale AgreementAgreements. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 1 contract
Samples: Interim Trust Agreement (Wachovia Education Loan Funding LLC)
Declaration of Trust. The Interim Eligible Lender Trustee hereby declares that it will hold the Interim Trust Loans in trust upon and subject to the conditions set forth herein for the use and benefit of the Depositor, subject to the obligations of the Interim Eligible Lender Trustee under this Agreement, the Purchase Agreements and the Sale Transfer Agreement. Effective as of the date hereof, the Interim Eligible Lender Trustee shall have all rights, powers and duties set forth herein with respect to accomplishing the purposes of this Agreement.
Appears in 1 contract
Samples: Lender Trustee Agreement (Collegiate Funding of Delaware LLC)
