Common use of Supplemental Interest Account Clause in Contracts

Supplemental Interest Account. (i) On each Distribution Date when amounts are on deposit in the Accumulation Account, the Indenture Trustee, subject to sufficient Available Funds therefor, will deposit into the related Supplemental Interest Account, the related Supplemental Interest Account Deposit Amount for such Distribution Date, pursuant to Section 2.8(g) above.

Appears in 6 contracts

Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)

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Supplemental Interest Account. (i) On each Distribution Date when amounts are on deposit in the an Accumulation Account, the Indenture Trustee, subject to sufficient Available Funds therefor, will deposit into the related Supplemental Interest Account, the related Supplemental Interest Account Deposit Amount for such Distribution Date, pursuant to Section 2.8(g) above.

Appears in 3 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2005-6), Administration Agreement (SLM Student Loan Trust 2005-5), Administration Agreement (SLM Funding LLC)

Supplemental Interest Account. (i) On each Distribution Date when amounts are on deposit in the an Accumulation Account, the Indenture Trustee, subject to sufficient Available Funds therefor, will shall deposit into the related Supplemental Interest Account, the related Supplemental Interest Account Deposit Amount for such Distribution Date, pursuant to Section 2.8(g) above.

Appears in 3 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2005-7), Administration Agreement (SLM Student Loan Trust 2005-8), Administration Agreement (SLM Student Loan Trust 2005-9)

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Supplemental Interest Account. (iiv) On each Distribution Date when amounts are on deposit in the an Accumulation Account, the Indenture Trustee, subject to sufficient Available Funds therefor, will shall deposit into the related Supplemental Interest Account, the related Supplemental Interest Account Deposit Amount for such Distribution Date, pursuant to Section 2.8(g) above.

Appears in 1 contract

Samples: Administration Agreement (SLM Student Loan Trust 2006-5)

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