Requests for Loans. A Trust must give the Lender notice of a request for a Loan at least one Business Day prior to the day on which such Trust wishes to receive the Loan. Subject to the terms and conditions of this Agreement, the Lender will make the requested Loan on the Business Day specified in the notice in immediately available funds in accordance with such Trust’s payment instructions.
Appears in 5 contracts
Samples: Revolving Credit Agreement (SLM Student Loan Trust 2010-1), Revolving Credit Agreement (Navient Student Loan Trust 2015-1), Revolving Credit Agreement (Navient Student Loan Trust 2015-1)
Requests for Loans. A The Trust must give the Lender notice of a request for a Loan at least one Business Day prior to the day on which such the Trust wishes to receive the Loan. Subject to the terms and conditions of this Agreement, the Lender will make the requested Loan on the Business Day specified in the notice in immediately available funds in accordance with such the Trust’s payment instructions.
Appears in 3 contracts
Samples: Revolving Credit Agreement, Servicing Agreement, Revolving Credit Agreement
