Restrictions on Transfer of the Excess Distribution Certificate. (i) The Excess Distribution Certificate may be transferred to any Affiliate of the Depositor, without any requirement to provide any officer’s certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor.
Appears in 52 contracts
Samples: Trust Agreement (SLM Student Loan Trust 2011-2), Trust Agreement (SLM Student Loan Trust 2010-1), Trust Agreement (SLM Student Loan Trust 2007-3)
Restrictions on Transfer of the Excess Distribution Certificate. (i) The Excess Distribution Certificate may be transferred to the Depositor or to any Affiliate of the Depositor, without any requirement to provide any officer’s 's certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor.
Appears in 18 contracts
Samples: Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding LLC)
Restrictions on Transfer of the Excess Distribution Certificate. (i) The Excess Distribution Certificate may be transferred to any Affiliate of the Depositor, without any requirement to provide any officer’s 's certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor.
Appears in 8 contracts
Samples: Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC)
Restrictions on Transfer of the Excess Distribution Certificate. (i) The Excess Distribution Certificate may be transferred to the Depositor or to any Affiliate of the Depositor, without any requirement to provide any officer’s certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor.
Appears in 8 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement (SLM Private Credit Student Loan Trust 2007-A)
