SLM ECFC Purchase Agreement definition

SLM ECFC Purchase Agreement means the Purchase Agreement Master Securitization Terms Number 1000, dated as of [____], 20[__], among SLM ECFC, the Interim Eligible Lender Trustee and the Depositor, as well as each purchase agreement entered into thereunder.
SLM ECFC Purchase Agreement means the Purchase Agreement Master Securitization Terms Number 1000, dated as of March 27, 2014, among SLM ECFC, the Interim Eligible Lender Trustee and the Depositor, as well as each purchase agreement entered into thereunder.
SLM ECFC Purchase Agreement means the Purchase Agreement Master Securitization Terms Number 1000, dated May 19, 2004, among the Student Loan Marketing Association, as initial seller (as subsequently assigned to SLM ECFC), SLM Funding LLC, as initial purchaser (as subsequently assigned to VG Funding, LLC), and Chase Manhattan Bank USA, National Association, as interim eligible lender trustee, together with each executed Purchase Agreement (as defined therein) and each executed Xxxx of Sale (as defined therein) and all attachments thereto.

Examples of SLM ECFC Purchase Agreement in a sentence

  • In connection with each sale of Additional Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.

  • The Panel appreciates this response to the initial recommendation and the agencies’ affirmation of a commitment tothe project’s timely implementation and long-term management.

  • The Issuer shall give the Indenture Trustee and the Rating Agencies prompt written notice of each default on the part of (i) the Depositor of its obligations under the Sale Agreement, (ii) SLM ECFC of its obligations under the SLM ECFC Purchase Agreement, (iii) VG Funding of its obligations under the VG Funding Purchase Agreement, (iv) the Servicer of its obligations under the Servicing Agreement, or (v) the Administrator of its obligations under the Administration Agreement.

  • The Issuer shall give the Indenture Trustee, the Rating Agencies and each Swap Counterparty prompt written notice of each default on the part of (i) the Depositor of its obligations under the Sale Agreement, (ii) SLM ECFC of its obligations under the SLM ECFC Purchase Agreement, (iii) VG Funding of its obligations under the VG Funding Purchase Agreement, (iv) the Servicer of its obligations under the Servicing Agreement, or (v) the Administrator of its obligations under the Administration Agreement.

  • In connection with each sale of Additional Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.

  • If the terms of the Initial Purchase Agreement or an Additional Purchase Agreement conflict with SLM ECFC Purchase Agreement - Master the terms of these Master Terms, the terms of the Initial Purchase Agreement or the related Additional Purchase Agreement, as applicable, shall supersede and govern.

  • In connection with the sale of the Initial Loans, VG Funding hereby assigns all of its rights (but none of its obligations) under, in and to the SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the Initial Loans.

  • LISTING OF LOANS ON FOLLOWING PAGE SLM ECFC Purchase Agreement 1 CERTAIN OTHER LOAN CRITERIA • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation.

  • LISTING OF LOANS ON FOLLOWING PAGE SLM ECFC Purchase Agreement 1 CERTAIN OTHER LOAN CRITERIA • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation.

  • In connection with the sale of the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the Initial Loans.


More Definitions of SLM ECFC Purchase Agreement

SLM ECFC Purchase Agreement means the Purchase Agreement Master Securitization Terms Number 1000, dated as of March 29, 2007, among SLM ECFC, the Interim Trustee and the Depositor, as well as each purchase agreement entered into thereunder.

Related to SLM ECFC Purchase Agreement

  • Loan Purchase Agreement The Loan Purchase Agreement described in the Recitals to this Agreement, which Loan Purchase Agreement incorporates the terms of the Aurora Loan Services Seller Guide, as the same may be amended from time to time.

  • hire-purchase agreement means an agreement, other than a conditional sale agreement, under which—

  • Unit Purchase Agreement means the Common Unit and Class B Unit Purchase Agreement, dated as of December 1, 2006, among the Partnership and the purchasers named therein.

  • Asset Purchase Agreement has the meaning set forth in the Recitals.

  • Stock Purchase Agreement means the agreement between the Company and a Purchaser who acquires Shares under the Plan that contains the terms, conditions and restrictions pertaining to the acquisition of such Shares.

  • Receivables Purchase Agreement means the receivables purchase agreement, dated as of the Closing Date, between AHFC and the Seller, as amended or supplemented from time to time.

  • Sale and Purchase Agreement means the sale and purchase agreement entered into or to be entered into on the date of this Agreement between the Investor and the Company in the agreed form;

  • Original Purchase Agreement has the meaning set forth in the recitals to this Agreement.

  • Note Purchase Agreement means the Note Purchase Agreement, dated as of the Issuance Date, among the Company, the Subordination Agent, the Escrow Agent, the Paying Agent, and the Pass Through Trustee under each Pass Through Trust Agreement providing for, among other things, the issuance and sale of certain equipment notes, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Additional Purchase Agreement means each Additional Purchase Agreement (including the related Additional Xxxx of Sale, the related Blanket Endorsement and any attachments thereto), substantially in the form of Attachment C hereto (of which these Master Terms form a part by reference, provided that in the event of a substitution, the form will be modified accordingly), to be executed by SLM ECFC, Funding and the Interim Eligible Lender Trustee for the benefit of Funding, which certifies that the representations and warranties made by SLM ECFC as set forth in Sections 5(A) and (B) of these Master Terms are true and correct as of the related Purchase Date.

  • Series B Purchase Agreement means that certain Series B Preferred Stock Purchase Agreement, dated as of November 10, 2015, as amended and supplemented to date, by and among the Company and the investors signatory thereto.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Master Purchase Agreement has the meaning set forth in the recitals.

  • Rental-purchase agreement means an agreement for the use of personal property by a lessee primarily for personal, family, or household purposes, for an initial period of 4 months or less that is automatically renewable with each payment after the initial period and that permits the lessee to become the owner of the property. Rental-purchase agreements shall not include any of the following:

  • Share Purchase Agreement has the meaning set forth in the Recitals.

  • Mortgage Loan Purchase Agreement The agreement between the Seller and the Depositor, regarding the transfer of the Mortgage Loans by the Seller to or at the direction of the Depositor, substantially in the form of Exhibit D annexed hereto.

  • Bond Purchase Agreement means a Bond Purchase Agreement, dated as of the sale of the Series KK-2019 Bonds, entered into by and between KUB and the Underwriter, in substantially the form of the document attached hereto as Exhibit A, subject to such changes as permitted by Section 9 hereof, as approved by the President and Chief Executive Officer of KUB, consistent with the terms of this resolution;

  • Synthetic Purchase Agreement means any swap, derivative or other agreement or combination of agreements pursuant to which Holdings, the Borrower or any Subsidiary is or may become obligated to make (a) any payment in connection with a purchase by any third party from a person other than Holdings, the Borrower or any Subsidiary of any Equity Interest or Restricted Indebtedness or (b) any payment (other than on account of a permitted purchase by it of any Equity Interest or Restricted Indebtedness) the amount of which is determined by reference to the price or value at any time of any Equity Interest or Restricted Indebtedness; provided that no phantom stock or similar plan providing for payments only to current or former directors, officers or employees of Holdings, the Borrower or the Subsidiaries (or to their heirs or estates) shall be deemed to be a Synthetic Purchase Agreement.

  • Aircraft Purchase Agreement Has the meaning specified in the NPA.

  • Purchase Agreements has the meaning set forth in the Recitals.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Purchase Agreement shall have the meaning set forth in the preamble.

  • Equity Purchase Agreement is defined in the recitals to this Agreement.

  • Stock Purchase Agreements the meaning set forth in the recitals to this Agreement.

  • Note Purchase Agreements means (i) that certain Note Purchase Agreement, dated as of April 16, 2014 among the Parent, the Borrower, and the purchasers party thereto, (ii) that certain Note Purchase Agreement, dated as of December 18, 2014 among the Parent, the Borrower, and the purchasers party thereto, and (iii) that certain Note Purchase Agreement, dated as of June 13, 2018, among the Parent, the Borrower, and the purchasers party thereto, in each case as amended from time to time.

  • Securities Purchase Agreement shall have the meaning set forth in the recitals hereto.