Student Loan Notes definition

Student Loan Notes means the promissory notes to be sold to the Trust by the Loan Originators pursuant to the Loan Purchase Agreements representing education loans, to or for the benefit of students, originated under the Student Loan Programs.
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Student Loan Notes means the promissory notes or other writings evidencing the Student Loans.
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Examples of Student Loan Notes in a sentence

  • This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Student Loan Notes.

  • This Blanket Endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Student Loan Notes.

  • Each Custodian shall hold the Student Loan Notes in a safe and secure manner for purposes of perfecting the security interest in and lien on such Financed Loans as herein provided.

  • The Interim Eligible Lender Trustee has in its possession a copy of the endorsement and Loan Transmittal Summary Form identifying the Student Loan Notes that constitute or evidence the Purchased Loans.

  • The Student Loan Notes that constitute or evidence the Purchased Loans do not have any marks or notations indicating that they have been pledged, assigned or otherwise conveyed to any Person other than the Interim Eligible Lender Trustee.

  • For Student Loan Notes that were executed electronically, the Master Servicer, directly or through subservicers (or, if applicable, third-party sub-custodians), has possession of the electronic records evidencing the Student Loan Note.

  • The Student Loan Notes shall be held in a limited access vault facility with a two-hour fire rating and shall be assigned a designation which is distinct from other promissory notes held to secure any other financings of the Borrower, if any, for which the Trustee acts in a fiduciary capacity.

  • This Agreement (i) may be terminated as to any Student Loan Note or Student Loan Notes by the Trustee or the Issuer for cause, (ii) may be terminated at any time by the mutual agreement of the Trustee and the Issuer, and (iii) shall be terminated upon termination of the Servicing Agreement with respect to the Student Loan Notes, but no such termination shall be effective until alternative safekeeping arrangements satisfactory to the Trustee and the Issuer have been effected.

  • The Subservicer shall provide a receipt upon delivery of any Student Loan Notes to the Existing Subservicer, the Servicer, the Issuer, the Indenture Trustee and the Indenture Administrator within five (5) Business Days after delivery.

  • Any Student Loan Notes with respect to which the documentation may have been released for collection purposes shall continue to be assigned and pledged to the Trustee.

Related to Student Loan Notes

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • Loan Notes means the loan notes issued pursuant to a Loan Note Instrument;

  • student loan means a loan towards a student’s maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student’s bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Term Loan Notes means the promissory notes of the Borrower (if any) in favor of any of the Term Loan Lenders evidencing the portion of the Term Loan provided by any such Term Loan Lender pursuant to Section 2.2(a), individually or collectively, as appropriate, as such promissory notes may be amended, modified, extended, restated, replaced, or supplemented from time to time.

  • Fundserv Notes means Notes purchased through Fundserv.