Grant of Contract Right. In connection with each sale of Additional Loans, Town Center Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Conveyance Agreement with respect to the Additional Loans, including all rights of Town Center Funding to proceed against the Master Depositor with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.
Appears in 12 contracts
Samples: Additional Purchase Agreement (SLM Student Loan Trust 2012-3), Additional Purchase Agreement (SLM Student Loan Trust 2012-1), Additional Purchase Agreement (SLM Student Loan Trust 2013-3)
Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, Town Center Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Conveyance Agreement with respect to the Additional Initial Loans, including all rights of Town Center Funding to proceed against the Master Depositor with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.
Appears in 11 contracts
Samples: Additional Purchase Agreement (SLM Student Loan Trust 2012-3), Additional Purchase Agreement (SLM Student Loan Trust 2012-5), Additional Purchase Agreement (SLM Student Loan Trust 2012-7)
Grant of Contract Right. In connection with each sale of Additional Loans, Town Center Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Conveyance Agreement with respect to the Additional LoansAgreement, including all rights of Town Center Funding to proceed against the Master Depositor with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.
Appears in 10 contracts
Samples: Initial Purchase Agreement (SLM Student Loan Trust 2009-2), Additional Purchase Agreement (SLM Student Loan Trust 2008-7), Additional Purchase Agreement (SLM Student Loan Trust 2011-1)
Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, Town Center Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Conveyance Agreement with respect to the Additional LoansAgreement, including all rights of Town Center Funding to proceed against the Master Depositor with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.
Appears in 10 contracts
Samples: Additional Purchase Agreement (SLM Student Loan Trust 2010-2), Additional Purchase Agreement (SLM Student Loan Trust 2008-7), Additional Purchase Agreement (SLM Student Loan Trust 2008-5)
Grant of Contract Right. In connection with each sale of Additional Loans, Town Center Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Conveyance Agreement with respect to the such Additional Loans, including all rights of Town Center Funding to proceed against the Master Depositor with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.
Appears in 1 contract
Samples: Additional Purchase Agreement (SLM Student Loan Trust 2011-3)
Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, Town Center Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Conveyance Agreement with respect to the Additional LoansAgreement, including all rights of Town Center Funding to proceed against the Master Depositor with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.. Purchase Agreement β Master (TOWN CENTER FUNDING)
Appears in 1 contract
Samples: Initial Purchase Agreement (SLM Student Loan Trust 2009-2)
