Common use of Representations and Warranties of Seller with Respect to the Financed Student Loans Clause in Contracts

Representations and Warranties of Seller with Respect to the Financed Student Loans. The Seller makes the following representations and warranties as to the Financed Student Loans on which the Issuer is deemed to have relied in acquiring (through the Eligible Lender Trustee) the Financed Student Loans. Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Initial Financed Student Loans and the Subsequent Pool Student Loans, and as of the applicable Transfer Date, in the case of the Other Subsequent Student Loans, but shall survive the sale, transfer and assignment of the Financed Student Loans to the Eligible Lender Trustee on behalf of the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Appears in 5 contracts

Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-A), Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-B), Sale and Servicing Agreement (Key Bank Usa National Association)

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Representations and Warranties of Seller with Respect to the Financed Student Loans. The Seller makes the following representations and warranties as to the Financed Student Loans on which each of the Issuer Depositor Eligible Lender Trustee and the Purchaser is deemed to have relied in acquiring (through the Eligible Lender Trustee) the Financed Student Loans. Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Initial Financed Student Loans and the Subsequent Pool Student Loans, and as of the applicable Subsequent Transfer Date, in the case of the Other Subsequent Additional Student Loans and the Substituted Student Loans, but shall survive the sale, transfer and assignment of the Financed Student Loans to the Depositor Eligible Lender Trustee on behalf of the Issuer and the pledge thereof to the Indenture Trustee pursuant to the IndenturePurchaser.

Appears in 1 contract

Samples: Student Loan Transfer Agreement (KeyCorp Student Loan Trust 2005-A)

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Representations and Warranties of Seller with Respect to the Financed Student Loans. The Seller makes the following representations and warranties as to the Financed Student Loans on which the Issuer is deemed to have relied in acquiring (through the Eligible Lender Trustee) the Financed Student Loans. Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Initial Financed Student Loans and the Subsequent Pool Student Loans, and as of the applicable Transfer Date, in the case of the Other Subsequent Student Loans and the Other Student Loans, but shall survive the sale, transfer and assignment of the Financed Student Loans to the Eligible Lender Trustee on behalf of the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Key Bank Usa National Association)

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