ELIGIBLE LENDER TRUST AGREEMENT between SLC STUDENT LOAN TRUST 2010-1 as Grantor and CITIBANK, N.A. as Eligible Lender Trustee Dated as of July 6, 2010Eligible Lender Trust Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
THIS ELIGIBLE LENDER TRUST AGREEMENT is made on July 6, 2010, by and between SLC STUDENT LOAN TRUST 2010-1 (the “Grantor”) and CITIBANK, N.A., as eligible lender trustee (the “Eligible Lender Trustee”).
SERVICING AGREEMENT among THE STUDENT LOAN CORPORATION, as Servicer and Administrator, and SLC STUDENT LOAN TRUST 2010-1, as Issuer Dated as of July 6, 2010Servicing Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
The Student Loan Corporation (“SLC” and, in its capacity as servicer, the “Servicer”), a Delaware corporation, hereby agrees with (i) SLC Student Loan Trust 2010-1 (the “Issuer”), and (ii) SLC, not in its individual capacity but solely in its capacity as administrator (in such capacity, the “Administrator”) under the Administration Agreement, dated as of July 6, 2010 (the “Administration Agreement”), among the Issuer, SLC Student Loan Receivables I, Inc. (the “Depositor”), the Administrator and the Servicer as follows:
SLC STUDENT LOAN TRUST 2010-1 AMENDED AND RESTATED TRUST AGREEMENT Dated as of July 6, 2010 Between SLC STUDENT LOAN RECEIVABLES I, INC. as Depositor andTrust Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities
SLC STUDENT LOAN TRUST 2010-1 ADMINISTRATION AGREEMENT Dated as of July 6, 2010 Among SLC STUDENT LOAN TRUST 2010-1, as Issuer SLC STUDENT LOAN RECEIVABLES I, INC., as Depositor and THE STUDENT LOAN CORPORATION, as Servicer and AdministratorAdministration Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
SLC Student Loan Trust 2010-1 Administration Agreement, dated as of July 6, 2010 (this “Agreement”), among (i) SLC Student Loan Trust 2010-1 (the “Issuer”), (ii) SLC Student Loan Receivables I, Inc. (the “Depositor”) and (iii) The Student Loan Corporation, not in its individual capacity but solely in its capacity as servicer (in such capacity, the “Servicer”) and as administrator (in such capacity, the “Administrator”).
MASTER TERMS PURCHASE AGREEMENTMaster Terms Purchase Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
This Master Terms Purchase Agreement, dated as of July 6, 2010 (“Master Terms Purchase Agreement”), among The Student Loan Corporation (“SLC”), SLC Student Loan Receivables I, Inc. (“SLC Receivables”) and Citibank, N.A., not in its individual capacity but solely as Eligible Lender Trustee (the “Eligible Lender Trustee”) for the benefit of SLC Receivables under the Eligible Lender Trust Agreement, dated as of July 6, 2010, between SLC Receivables and the Eligible Lender Trustee, and as Eligible Lender Trustee for the benefit of SLC under the Trust Agreement, dated as of August 30, 2003, between SLC and the Eligible Lender Trustee, shall be effective upon execution by the parties hereto. References to SLC Receivables herein mean the Eligible Lender Trustee for all purposes involving the holding or transferring of legal title to the Eligible Loans.
SUBSERVICING AGREEMENTSubservicing Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
This SUBSERVICING AGREEMENT (this “Agreement”) is entered into as of July 6, 2010, by and between Citibank (South Dakota), National Association, a national banking association (the “Subservicer”) and The Student Loan Corporation, a Delaware corporation (the “Servicer”).
UNDERWRITING AGREEMENTUnderwriting Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
This Agreement, the Master Terms Purchase Agreement, to be dated as of July 6, 2010 (along with the related Purchase Agreement, the “SLC Sale Agreement”), among SLC, SLC Student Loan Receivables I, Inc. (“SLC Receivables”) and the Eligible Lender Trustee, the Master Terms Sale Agreement, to be dated as of July 6, 2010 (along with the related Sale Agreement, the “SLC Receivables Sale Agreement” and, collectively with the SLC Sale Agreement, the “Sale Agreements”), among SLC Receivables, the Company and the Eligible Lender Trustee, the Short-Form Trust Agreement between Wilmington Trust Company, as owner trustee (the “Owner Trustee”), and SLC Receivables, as depositor (in such capacity, the “Depositor”), as amended and restated pursuant to the Amended and Restated Trust Agreement, to be dated as of July 6, 2010 (the “Trust Agreement”), between the Owner Trustee and the Depositor, the Administration Agreement, to be dated as of July 6, 2010 (the “Administration Agreement”), among SLC, as
CUSTODY AGREEMENTCustody Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
This CUSTODY AGREEMENT (this “Agreement”), dated as of July 6, 2010 by and among SLC Student Loan Trust 2010-1 (the “Issuer”), Citibank, N.A., as eligible lender trustee on behalf of the Issuer (the “Eligible Lender Trustee”), U.S. Bank National Association, as indenture trustee (the “Indenture Trustee”), The Student Loan Corporation, as servicer (the “Servicer”) and Citibank (South Dakota), National Association, a national banking association (the “Custodian” and, together with the Issuer, the Eligible Lender Trustee, the Indenture Trustee and the Servicer, the “Parties”).
MASTER TERMS SALE AGREEMENTMaster Terms Sale Agreement • July 6th, 2010 • SLC Student Loan Trust 2010-1 • Asset-backed securities • New York
This Master Terms Sale Agreement, dated as of July 6, 2010 (“Master Terms Sale Agreement”), among SLC Student Loan Receivables I, Inc. (in such capacity, the “Seller”), SLC Student Loan Trust 2010-1 (in such capacity, the “Purchaser”) and Citibank, N.A., not in its individual capacity but solely as Eligible Lender Trustee (the “Eligible Lender Trustee”) for the benefit of the Seller under the Eligible Lender Trust Agreement, dated as of July 6, 2010, between the Seller and the Eligible Lender Trustee, and as Eligible Lender Trustee for the benefit of the Purchaser under the Eligible Lender Trust Agreement, dated as of July 6, 2010, between the Purchaser and the Eligible Lender Trustee, shall be effective upon execution by the parties hereto. References to the Seller and the Purchaser herein mean the Eligible Lender Trustee for all purposes involving the holding or transferring of legal title to the Trust Student Loans.
