Common use of Protection of Interests in Trust Clause in Contracts

Protection of Interests in Trust. (a) Each of the Seller and [_______________] shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of the Seller and [_______________] shall deliver (or cause to be delivered) to the Eligible Lender Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 3 contracts

Samples: Loan Sale Agreement (Asset Backed Securities Corp), Goldman Sachs Asset Backed Securities Corp, Gs Mortgage Securities Corp

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Protection of Interests in Trust. (a) Each of the Seller and [_______________] NBD shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of the Seller and [_______________] NBD shall deliver (or cause to be delivered) to the Eligible Lender Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 3 contracts

Samples: Loan Sale Agreement (Usa Group Secondary Market Services Inc), Loan Sale Agreement (Usa Group Secondary Market Services Inc), Loan Sale Agreement (Usa Group Secondary Market Services Inc)

Protection of Interests in Trust. (a) Each of the Seller and [_______________] The Sellers shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of the Seller and [_______________] The Sellers shall deliver (or cause to be delivered) to the Eligible Lender Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Classnotes Inc), Second Supplemental Sale and Servicing Agreement (Classnotes Inc), Sale and Servicing Agreement (Classnotes Inc)

Protection of Interests in Trust. (a) Each of the Seller and [_______________] Bank One shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of the Seller and [_______________] Bank One shall deliver (or cause to be delivered) to the Eligible Lender Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 2 contracts

Samples: Loan Sale Agreement (SMS Student Loan Trust 2000-A), Loan Sale Agreement (SMS Student Loan Trust 2000-B)

Protection of Interests in Trust. (a) Each of the Seller and [_______________] the Depositor shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of The Seller or the Seller and [_______________] Depositor, as applicable, shall deliver (or cause to be delivered) to the Eligible Lender Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 1 contract

Samples: Loan Sale Agreement (Wells Fargo Student Loans Receivables I LLC)

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Protection of Interests in Trust. (a) Each of the Seller Seller, the Depositor and [_______________] Bank One shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of The Seller or the Seller Depositor, as applicable, and [_______________] Bank One shall deliver (or cause to be delivered) to the Eligible Lender Trustee and the Indenture Trustee file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 1 contract

Samples: Loan Sale Agreement (Wells Fargo Student Loans Receivables I LLC)

Protection of Interests in Trust. (a) Each of the Seller and [_______________] NBD shall execute and file such financing statements and cause to be executed and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve, maintain, and protect the interest of the Issuer, the Eligible Lender Trustee Trustee, the Subordinate Note Insurer and the Indenture Trustee in the Financed Student Loans and in the proceeds thereof. Each of the Seller and [_______________] NBD shall deliver (or cause to be delivered) to the Eligible Lender Trustee, the Indenture Trustee and the Indenture Trustee Subordinate Note Insurer file-stamped copies of, or filing receipts for, any document filed as provided above, as soon as available following such filing.

Appears in 1 contract

Samples: Loan Sale Agreement (Usa Group Secondary Market Services Inc)

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