AMS Trust definition
Examples of AMS Trust in a sentence
This Agreement together with the applicable Confirmation, the Repurchase Trust Agreement and the related AMS Trust Agreement constitutes the entire understanding between Buyer and Seller with respect to the subject matter it covers and shall supersede any existing agreements between the parties containing general terms and conditions for repurchase transactions involving Purchased Student Loans.
Each AMS Trust Agreement shall be deemed to be amended to the extent necessary to effectuate the parties' intent as set forth in the preceding sentence.
Seller shall further indemnify Buyer and defend and hold Buyer harmless for any and all amounts due to the related Eligible Lender Trustee under Section 10 of the Repurchase Trust Agreement, Section 6 of the related AMS Trust Agreement or otherwise pursuant to such agreement, and the related Eligible Lender Trustee agrees to look exclusively to Seller and not to Buyer for the production of such reports.
By acceptance of this Agreement, Buyer and Seller acknowledge that they have not made, and are not relying upon, any statements, representations, promises or undertakings not contained in this Agreement, the Repurchase Trust Agreement and the related AMS Trust Agreement (or to the extent relevant, the related AMS Trust Agreement).