Purchase and Sale of Loans. The Seller may from time to time sell and assign to the Company, and the Company may from time to time Purchase from the Seller, all the Seller’s right, title and interest in, to and under the Loans listed on the Loan Schedule with respect to the related PA Supplement. The principal terms of the Purchase and sale of Loans for each Series shall be set forth in the related PA Supplement.
Purchase and Sale of Loans. Following the date of this Adoption Agreement, the Seller agrees to participate in the Department’s Purchase Program for Eligible Loans made pursuant to the Federal Family Education Loan Program under the Master Loan Sale Agreement and to deliver to the Department such Loans in the aggregate principal amounts as evidenced by Bills of Sale executed by the Seller and acknowledged and accepted by the Department pursuant to the Master Loan Sale Agreement. The Seller agrees to sell to the Department and the Department agrees to purchase from the Seller such Loans on the terms and subject to the conditions of the Master Loan Sale Agreement as the same may be supplemented or amended from time to time. Each of the Seller and the Department hereby acknowledges and agrees to all terms and provisions of the Master Loan Sale Agreement which relate to the selling of Loans which are incorporated herein in their entirety as if such had been set forth herein in their entirety, as the same may be supplemented or amended from time to time.
Purchase and Sale of Loans. On the Closing Date, the Seller shall sell, assign, transfer, convey and deliver, or cause to be assigned, transferred, conveyed and delivered, to the Purchaser (or such subsidiaries of the Purchaser as the Purchaser shall designate), (A) the Loans, (B) the Transferred Rights with respect to the Loans and (C) all Loan Documents related to the Loans.
Purchase and Sale of Loans. On the applicable Transfer Date and in accordance with the terms and conditions of this Agreement, Purchaser agrees to purchase and Seller agrees sell, from time to time, all of Seller's right, title and interest in and to the Loans listed in the Confirmation applicable to such Loans.
Purchase and Sale of Loans. (a) Subject to the terms and conditions and in reliance on the representations, warranties and agreements hereinafter set forth, the Seller agrees to sell to the Purchaser and the Purchaser agrees to purchase from the Seller, from time to time on one or more Purchase Dates occurring after the Effective Date, all of the Seller’s right, title and interest in and to the Loans identified on the Loan Schedule (together with the Guarantor Repurchase Loans (as defined below), the “Purchased Loans”).
Purchase and Sale of Loans. (A) Delivery of Loans on or before the business day immediately preceding each Settlement Date, the Seller shall deliver to the Buyer the following for each Loan purchased:
Purchase and Sale of Loans. On the Closing Date, Seller shall convey, assign, transfer, set over and deliver to Buyer, and Buyer shall purchase and take from Seller, all of Seller's right, title and interest in each of the Loans, including, without limitation: 2.1.1. The outstanding principal balance thereof, accrued interest and all other sums due as of and after the Cut-Off Date, all related promissory notes or other writings evidencing the Loans (the "Notes" or a "Note"), and the related original mortgages, deeds of trust, security agreements and assignments ("Security Instruments"); 2.1.2. Seller's right, title and interest as a holder of the lien in all real property encumbered by one or more of the Security Instruments (the "Subject Real Property") and personal property (including without limitation impound or holdback accounts) encumbered by one or more of the Security Instruments (the "Subject Personal Property"; the Subject Real Property and Subject Personal Property are sometimes collectively referred to as the "Subject Property"); 2.1.3. Any and all documents, instruments, powers of attorney, surety agreements, guarantees and security agreements referred to in the Loans, or related thereto, including without limitation written copies of the complete payment history on each Loan, credit applications, credit reports and appraisals, engineering reports (if any), environmental reports and analyses (if any), financial statements, borrower and guarantor organizational and authorizing documents (including without limitation articles of incorporation, statements of partnership, certificates of limited partnership, by-laws, corporate resolutions, partnership agreements, operating agreements, and the like), original insurance policies (or, if policies have not been delivered to Seller, insurance certificates), documentation regarding impound or holdback accounts (if any), original title insurance policies and commitments, surveys, maps, site plans, copies of permits and other entitlements, zoning letters, utility service or "will serve" letters, files (including loan files and correspondence), books, papers, ledger cards, and computer, electronic and written reports and records (the "Related Documentation"); and
Purchase and Sale of Loans. 8 2.1 Purchases and Sales pursuant to Asset Purchase Notices 8 2.2 Revolving Debt Obligations Purchases 9 2.3 Asset Designations 11 2.4 Disqualified Obligor Accounts 12 2.5 Bank Accounts 12 2.6 Collateral Shortfall Sales of Additional Assets 13
Purchase and Sale of Loans. Seller shall sell to Buyer, and Buyer shall purchase from Seller, all Loans which (i) have been originated by Seller,
Purchase and Sale of Loans. Section 3.1 Conveyance of Mortgage Loans; Possession and Ownership.....................................12 Section 3.2 Price and Closing Methodology..............................................................12 Section 3.3
