Common use of Loan Transfer Statement Clause in Contracts

Loan Transfer Statement. Upon the Purchaser’s request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Eligible Lender Trustee for the benefit of the Seller and dated the date of the related ▇▇▇▇ of Sale. The Seller and the Eligible Lender Trustee on behalf of the Seller agree that the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser 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 Seller and the Eligible Lender Trustee on behalf of the Seller to the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser of the Loans listed on the related ▇▇▇▇ of Sale.

Appears in 9 contracts

Sources: Master Terms Sale Agreement (SLC Student Loan Trust 2010-1), Master Terms Sale Agreement (SLC Student Loan Receivables I Inc), Master Terms Sale Agreement (SLC Student Loan Trust 2007-1)

Loan Transfer Statement. Upon the Purchaser’s Pur▇▇▇▇er's request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Eligible Lender Trustee for the benefit of the Seller and dated the date of the related ▇▇▇▇ Bill of Sale. The Seller and the Eligible Lender Trustee on behalf of the Seller agree that the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser may use the related ▇▇▇▇ Bill of Sale, including the Loan Transmittal Summary Form attached to that t▇ ▇▇▇▇ at Bill of Sale, in lieu of OE Form 1074, as official notification to the Guarantor t▇▇ ▇uarantor of the assignment by the Seller and the Eligible Lender Trustee on behalf of the Seller to the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser of the Loans listed on the related ▇▇▇▇ Bill of Sale.

Appears in 2 contracts

Sources: Master Terms Sale Agreement (SLC Student Loan Trust 2005-2), Master Terms Sale Agreement (SLC Student Loan Trust 2006-1)

Loan Transfer Statement. Upon the Purchaser’s Pur▇▇▇▇er's request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Eligible Lender Trustee for the benefit of the Seller and dated the date of the related ▇▇▇▇ Bill of Sale. The Seller and the Eligible Lender Trustee on behalf of the o▇ ▇▇e Seller agree that the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser may use the related ▇▇▇▇ Bill of Sale, including the Loan Transmittal Summary Form attached to that t▇ ▇▇▇▇ at Bill of Sale, in lieu of OE Form 1074, as official notification to the Guarantor t▇▇ ▇uarantor of the assignment by the Seller and the Eligible Lender Trustee on behalf of the Seller to the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser of the Loans listed on the related ▇▇▇▇ Bill of Sale.

Appears in 2 contracts

Sources: Master Terms Sale Agreement (SLC Student Loan Trust 2005-1), Master Terms Sale Agreement (SLC Student Loan Trust 2004-1)

Loan Transfer Statement. Upon the Purchaser’s Purc▇▇▇▇r's request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Eligible Lender Trustee for the benefit of the Seller and dated the date of the related ▇▇▇▇ Bill of Sale. The Seller and the Eligible Lender Trustee on behalf of the ▇▇▇ Seller agree that the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser may use the related ▇▇▇▇ Bill of Sale, including the Loan Transmittal Summary Form attached to that ▇▇▇t Bill of Sale, in lieu of OE Form 1074, as official notification to the Guarantor th▇ ▇▇arantor of the assignment by the Seller and the Eligible Lender Trustee on behalf of the Seller to the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser of the Loans listed on the related ▇▇▇▇ Bill of Sale.

Appears in 1 contract

Sources: Master Terms Sale Agreement (SLC Student Loan Trust 2005-3)