Common use of Loan Transfer Statement Clause in Contracts

Loan Transfer Statement. Upon Funding’s request, VG Funding shall deliver to Funding one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by Funding, executed by the VG Funding Eligible Lender Trustee for the benefit of VG Funding and dated the date of the related ▇▇▇▇ of Sale. VG Funding agrees that Funding and the Interim Eligible Lender Trustee may use the related ▇▇▇▇ of Sale, including the Loan Transmittal Summary Form attached to that ▇▇▇▇ of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the VG Funding Eligible Lender Trustee on behalf of VG Funding to the Interim Eligible Lender Trustee on behalf of Funding of the Loans listed on the related ▇▇▇▇ of Sale.

Appears in 19 contracts

Sources: Purchase Agreement, Purchase Agreement (SLM Student Loan Trust 2006-10), Purchase Agreement (SLM Student Loan Trust 2006-8)

Loan Transfer Statement. Upon Funding’s request, VG Funding shall deliver to Funding one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by Funding, executed by the VG Funding Eligible Lender Trustee for the benefit of VG Funding and dated the date of the related B▇▇▇ of Sale. VG Funding agrees that Funding and the Interim Eligible Lender Trustee may use the related B▇▇▇ of Sale, including the Loan Transmittal Summary Form attached to that B▇▇▇ of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the VG Funding Eligible Lender Trustee on behalf of VG Funding to the Interim Eligible Lender Trustee on behalf of Funding of the Loans listed on the related B▇▇▇ of Sale.

Appears in 6 contracts

Sources: Purchase Agreement (SLM Student Loan Trust 2006-1), Purchase Agreement (SLM Student Loan Trust 2005-4), Purchase Agreement (SLM Student Loan Trust 2006-3)

Loan Transfer Statement. Upon Funding’s 's request, VG Funding shall deliver to Funding one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by Funding, executed by the VG Funding Eligible Lender Trustee for the benefit on behalf of VG Funding and dated the date of the related ▇▇▇▇ of Sale. VG Funding agrees that Funding and the Interim Eligible Lender Trustee may use the related ▇▇▇▇ of Sale, including the related Loan Transmittal Summary Form attached to that ▇▇▇▇ of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment of the Loans listed on the related ▇▇▇▇ of Sale by the VG Funding Eligible Lender Trustee on behalf of VG Funding to the Interim Eligible Lender Trustee on behalf of Funding of the Loans listed on the related ▇▇▇▇ of SaleFunding.

Appears in 1 contract

Sources: Purchase Agreement (SLM Funding LLC)

Loan Transfer Statement. Upon Funding’s 's request, VG Funding shall deliver to Funding one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by Funding, executed by the VG Funding Eligible Lender Trustee for the benefit of VG Funding and dated the date of the related ▇▇▇▇ of Sale. VG Funding agrees that Funding and the Interim Eligible Lender Trustee may use the related ▇▇▇▇ of Sale, including the Loan Transmittal Summary Form attached to that ▇▇▇▇ of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the VG Funding Eligible Lender Trustee on behalf of VG Funding to the Interim Eligible Lender Trustee on behalf of Funding of the Loans listed on the related ▇▇▇▇ of Sale.

Appears in 1 contract

Sources: Purchase Agreement (SLM Funding LLC)