Examples of Depositor Eligible Lender Trustee in a sentence
The Depositor Eligible Lender Trustee is an Ohio banking corporation, duly formed and validly existing under the laws of the State of Ohio, and had at all relevant times and has all requisite power and authority to enter into this Agreement and perform its obligations hereunder.
No broker or finder has acted for the Depositor or the Depositor Eligible Lender Trustee in connection with this Agreement or the transactions contemplated hereby, and no third party shall be entitled to receive any fees for financial advisory services or similar compensation in connection with the transactions contemplated by this Agreement based on any arrangement or agreement made by or on behalf of the Depositor or the Depositor Eligible Lender Trustee.
The Depositor Eligible Lender Trustee was at all relevant times and is an "eligible lender" under the provisions of the Higher Education Act.
The Depositor (and the Depositor Eligible Lender Trustee each) acknowledges and agrees that this power of attorney shall be construed as a power coupled with an interest, shall be irrevocable as long as the Trust Agreement remains in effect and shall continue in effect until the Trust Agreement terminates.
The MPN Holder may at any time resign by giving written notice thereof to the Depositor Eligible Lender Trustee, the Purchaser, the Eligible Lender Trustee, and the Indenture Trustee and delivering all related Master Notes to a successor MPN Holder, which agrees to the terms of this Agreement, or to the Indenture Trustee at the direction of the Depositor Eligible Lender Trustee (on behalf of the Eligible Lender Trustee).