Common use of Payments to the Trustee Clause in Contracts

Payments to the Trustee. Any amounts paid to the Trustee pursuant to Section 8.01 hereof or pursuant to Section 9.01 of the Depositor Sale Agreement, Section 4.02 of the Administration Agreement or Section 4.02 of the Servicing Agreement shall be deemed not to be a part of the Trust Estate immediately after such payment.

Appears in 14 contracts

Samples: Trust Agreement (SLM Education Credit Funding LLC), Trust Agreement (SLM Private Credit Student Loan Trust 2005-B), Trust Agreement (SLM Private Credit Student Loan Trust 2006-C)

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Payments to the Trustee. Any amounts paid to the Trustee pursuant to Section 8.01 hereof or pursuant to Section 9.01 4.03 of the Depositor Sale Agreement, Transfer Agreement or pursuant to Section 4.02 24 of the Administration Agreement or Section 4.02 of the Servicing Agreement shall be deemed not to be a part of the Trust Estate immediately after such payment.

Appears in 1 contract

Samples: Trust Agreement (Efg Funding Corp)

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