Effect on Loan Purchase Agreement Sample Clauses

Effect on Loan Purchase Agreement. This Addendum sets forth the terms of purchase and sale solely with respect to the Current Purchase Portfolio. This Addendum shall have no effect upon any other sale or purchase of any Student Loans consummated or contemplated prior to or after the Loan Purchase Date, and all other terms, conditions and agreements contained in the Loan Purchase Agreement shall remain in full force and effect. Prior or subsequent purchases and sales of Student Loans shall each be governed by a separate Loan Transfer Addendum. CONSOLIDATION LOAN FUNDING, LLC By: CLF MANAGEMENT CORP., as Manager By Name: Title: STUDENT LOAN CONSOLIDATION CENTER STUDENT LOAN TRUST I By: CLF ADMINISTRATION COMPANY, L.L.C., as Issuer Administrator By Name: Title: LOAN TRANSFER SCHEDULE Loan Number / Identification Principal Balance EXHIBIT B TO LOAN PURCHASE AGREEMENT SELLER’S CLOSING CERTIFICATE Consolidation Loan Funding, LLC (the “Seller”) does hereby certify that all representations, warranties and statements by or on behalf of the Seller contained in a certain Loan Purchase Agreement, dated as of March 1, 2002 (the “Loan Purchase Agreement”), between the Seller and Student Loan Consolidation Center Student Loan Trust I (the “Issuer”), are true and correct on and as of the Loan Purchase Date, without exception or qualification whatsoever; FURTHERMORE, the Seller does hereby certify that the following documents, where applicable to each Student Loan (as defined in the Loan Purchase Agreement) acquired under the Loan Purchase Agreement, have heretofore been furnished to the Issuer or are simultaneously herewith delivered in accordance with the instructions of the Issuer, pursuant to Section 4.3 of the Loan Purchase Agreement: The Department of Education application or Guarantee Agency application, as supplemented Interim note(s) for each Student Loan Payout note(s) for each Student Loan Disclosure and Student Loan information statement Certificate of Insurance and Contract of Insurance with respect to each Insured FFELP Loan (or certified copy thereof) Guarantee Agreement, Agreement for Participation in the Guaranteed Loan Program and Notification of Loan Approval by the Guarantee Agency with respect to each Guaranteed Student Loan (or certified copy thereof) Any other documentation held by the Seller relating to the history of such Student Loan Secretary or Guarantee Agency Loan Transfer Statements, if any Uniform Commercial Code financing statement, if any, securing any interest in a Student...
Sample 1See All (7)
AutoNDA by SimpleDocs
Effect on Loan Purchase Agreement. This Loan Transfer Document sets forth the terms of purchase and sale solely with respect to the Portfolio. This Loan Transfer Document shall have no effect upon any other sale or purchase of any Eligible Loans consummated or contemplated prior to or after the date hereof, and all other terms, conditions and agreements contained in the Loan Purchase Agreement shall remain in full force and effect. Prior or subsequent purchases and sales of Eligible Loans shall each be governed by a separate Loan Transfer Document.
Sample 1Sample 2See All (4)
Effect on Loan Purchase Agreement. This Certificate sets forth the terms of purchase and sale solely with respect to the Current Purchase Portfolio. This Certificate shall have no effect upon any other sale or purchase of any Eligible Loans consummated or contemplated prior to or after the Loan Purchase Date, and all other terms, conditions and agreements contained in the Loan Purchase Agreement shall remain in full force and effect. Prior or subsequent purchases and sales of Eligible Loans shall each be governed by a separate Loan Transfer Certificate.
Sample 1

Related to Effect on Loan Purchase Agreement

  • Effect on Loan Documents Except as amended herein, the Credit Agreement and the Loan Documents remain in full force and effect as originally executed, and nothing herein shall act as a waiver of any of the Administrative Agent’s or Lenders’ rights under the Loan Documents. This Agreement is a Loan Document for the purposes of the provisions of the other Loan Documents. Without limiting the foregoing, any breach of representations, warranties, and covenants under this Agreement is a Default or Event of Default under other Loan Documents.

  • Effect on the Loan Agreement (a) Upon the effectiveness of Section 2 hereof, each reference in the Loan Agreement to "this Agreement," "hereunder," "

  • Note Purchase Agreement The conditions precedent to the obligations of the Applicable Pass Through Trustees and the other requirements relating to the Aircraft and the Equipment Notes set forth in the Note Purchase Agreement shall have been satisfied.

  • The Purchase Agreement This Agreement has been duly authorized, executed and delivered by the Company and the Guarantors.

  • Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments (a) When any Mortgaged Property is conveyed by the Mortgagor, the Master Servicer or Subservicer, to the extent it has knowledge of such conveyance, shall enforce any due-on-sale clause contained in any Mortgage Note or Mortgage, to the extent permitted under applicable law and governmental regulations, but only to the extent that such enforcement will not adversely affect or jeopardize coverage under any Required Insurance Policy. Notwithstanding the foregoing:

  • Assignment of Interest in the Mortgage Loan Purchase Agreement (a) The Depositor hereby assigns to the Trustee, on behalf of the Certificateholders, all of its right, title and interest in the Mortgage Loan Purchase Agreement, including but not limited to the Depositor's rights and obligations pursuant to the Servicing Agreements (noting that the Seller has retained the right in the event of breach of the representations, warranties and covenants, if any, with respect to the related Mortgage Loans of the related Servicer under the related Servicing Agreement to enforce the provisions thereof and to seek all or any available remedies). The obligations of the Seller to substitute or repurchase, as applicable, a Mortgage Loan shall be the Trustee's and the Certificateholders' sole remedy for any breach thereof. At the request of the Trustee, the Depositor shall take such actions as may be necessary to enforce the above right, title and interest on behalf of the Trustee and the Certificateholders or shall execute such further documents as the Trustee may reasonably require in order to enable the Trustee to carry out such enforcement.

  • of the Purchase Agreement Section 2.5 of the Purchase Agreement is hereby amended and restated in its entirety to read as follows:

  • Asset Purchase Agreement The transactions contemplated by the Asset Purchase Agreement shall have been consummated.

  • Sale Agreement The Sale Agreement is the only agreement pursuant to which the Seller purchases Collateral.

  • Amendment to Purchase Agreement The Purchase Agreement is hereby amended as follows:

Time is Money Join Law Insider Premium to draft better contracts faster.