First Marblehead definition

First Marblehead or “FMC” shall mean The First Marblehead Corporation, a Delaware corporation.

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First Marblehead means The First Marblehead Corporation, a Delaware corporation.

First Marblehead shall include The First Marblehead Corporation and any successor thereto.

Examples of First Marblehead in a sentence

• This indemnity agreement will be in addition to any liability which the Trust and First Marblehead may otherwise have.

• The Owner Trustee shall receive compensation from the Administrator and, to the extent not paid by the Administrator, from the Trust Property for its services hereunder as set forth in a separate fee agreement between The First Marblehead Corporation, the Depositor and the Owner Trustee.

• The Trust, First Marblehead and B of A agree that it would not be just and equitable if contribution pursuant to this Section 4.05 were determined by pro rata allocation or by any other method of allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph.

• Each party to this Sale Agreement shall give notice to the other such parties and to the Servicers, First Marblehead Data Services, Inc.

• A copy of any notice delivered to the Owner Trustee shall also be delivered to the Administrator, addressed to: First Marblehead Data Services, Inc., The Prudential Tower, ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ - ▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇-▇▇▇▇, Attention: ▇▇.

• Each party to this Sale Agreement shall give notice to the other such parties and to the Servicers, First Marblehead Data Services, Inc., the Indenture Trustee and Wilmington Trust Company (the “Owner Trustee”) promptly, in writing, upon the discovery of any breach of the Seller’s representations and warranties made pursuant to this Sale Agreement which has a materially adverse effect on the interest of the Purchaser in any Transferred Student Loan.

• The Lender acknowledges that ▇▇▇▇ has outsourced or subcontracted some or all of its administrative functions, including but not limited to the processing of guarantee claims, to First Marblehead Education Resources, Inc.

• The Trust, First Marblehead and B of A agree that it would not be just and equitable if contribution pursuant to this Section 4.05 were determined by PRO RATA allocation or by any other method of allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph.

• Each of the following Control Agreements, as amended or supplemented, was entered into by and among The First Marblehead Corporation, U.S. Bank National Association and: · Charter One Bank, N.A., dated March 1, 2004, for all ▇▇▇▇-guaranteed loan programs funded by Charter One Bank, N.A. · Citizens Bank of Rhode Island, dated April 30, 2004, for all loan ▇▇▇▇-guaranteed programs funded by Citizens Bank of Rhode Island other than the Citizens Bank Penn State Undergraduate Loan Program.

• Each of the Note Purchase Agreements, as amended or supplemented, was entered into by and between The First Marblehead Corporation and: · Bank of America, N.A., dated April 30, 2001, for loans that were originated under Bank of America’s Private Loan Program, ▇▇▇▇ School Channel Loan Program and ISLP Loan Program.

More Definitions of First Marblehead

First Marblehead or “FMC” shall mean The First Marblehead Corporation, a Delaware corporation. “Guaranty Agreement” means the Guaranty Agreement between Program Lender and ▇▇▇▇ dated May 15, 2002.

First Marblehead or “FMC” shall mean The First Marblehead Corporation, a Delaware corporation. “Guaranty Agreement” means the Amended and Restated Guaranty Agreement between Program Lender and ▇▇▇▇, dated as of June 30, 2006. "Loan Origination Agreement" refers to (a) the Amended and Restated Loan Origination Agreement entered into between ▇▇▇▇ and Program Lender with respect to origination of prepGATE Conforming Loans and Bank of America ▇▇▇▇ Loans that are Conforming Loans, as amended from time to time, and (b) any subsequent agreement relating to origination services provided to Program Lender with respect to Bank of America SC Loan Notes purchased under this Agreement. "Minimum Purchase Price" has the meaning set forth in Section 2.04. “Option Period” means, with respect to any particular Bank of America SC Conforming Loan, the period beginning on the first May 1 when such loan first becomes a Seasoned Loan and ending [**] days thereafter. "Origination Records" means and refers to the original Bank of America SC Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service Bank of America SC Conforming Loans adequately and accurately. "Participating Institution" means an institution approved by ▇▇▇▇ for participation in the Bank of America SC Loan Programs. "Program" shall mean, collectively, the Bank of America Private Loan Programs and the Bank of America ▇▇▇▇ Loan Programs. "Program Guidelines" has the meaning set forth in the Umbrella Agreement. "Purchase Date" shall mean the date of consummation of a Securitization Transaction with respect to a particular Pool including Bank of America SC Conforming Loans originated by Program Lender, which date: (a) shall be set by written notice from FMC to Program Lender, given to Program Lender not less than five (5) Business Days in advance of the specified date, and (b) shall occur [**] for each loan in the Pool in question. "Purchaser Trust" shall mean and refer to a trust or other SPE formed for the purpose of purchasing Bank of America SC Conforming Loans by FMC or by any Affiliate of FMC. Any action required or permitted to be taken by FMC hereunder may be taken by a Purchaser Trust with respect to a particular Pool. "Rating Agencies" shall mean and refer to Standard and Poor's Corporation and/or ▇▇▇▇▇'▇ Investors ...