Student Loan Purchase Agreement definition

Student Loan Purchase Agreement or Loan Purchase Contract" means an agreement between the Corporation and a lender providing for the sale by the lender to the Trustee on behalf of the Corporation of Eligible Loans within the time specified in such agreement.

Student Loan Purchase Agreement means a loan purchase agreement entered into by the Authority in connection with the purchase by the Authority of a Financed Eligible Loan, including any such Financed Eligible Loan that was purchased by the Authority prior to being Financed hereunder.

Student Loan Purchase Agreement shall have the meaning set forth in the recitals

Examples of Student Loan Purchase Agreement in a sentence

• The Seller, in its capacity as purchaser of the Transferred Student Loans pursuant to the Pool Supplements, hereby covenants that it will enforce the covenants and agreements of each program lender in the respective Student Loan Purchase Agreement and related Pool Supplement.

• In the event of such a material breach, the Seller shall cure or repurchase the Transferred Student Loan in accordance with the remedies set forth in the respective Student Loan Purchase Agreement.

• The Seller represents and warrants to the Purchaser that with respect to each Transferred Student Loan purchased by the Purchaser pursuant to this Sale Agreement, the Seller is making the same representations and warranties made by the respective program lender with respect to each Transferred Student Loan pursuant to the respective Student Loan Purchase Agreement listed on Schedule B attached hereto.

• All covenants, agreements, representations and warranties made herein shall survive the consummation of the purchase of the Transferred Student Loans; provided, however, that to the extent any of the same relate to a corresponding covenant, agreement, representation or warranty contained in a Student Loan Purchase Agreement, the same shall survive to the extent that such corresponding covenant, agreement, representation or warranty survives the applicable Student Loan Purchase Agreement.

• The Seller hereby assigns its entire right, title and interest as purchaser under this Sale Agreement and the Student Loan Purchase Agreement thereunder to the Purchaser as of the date hereof and acknowledges that the Purchaser will assign the same, together with the right, title and interest of the Purchaser hereunder, to the Indenture Trustee under the Indenture.

More Definitions of Student Loan Purchase Agreement

Student Loan Purchase Agreement means (a) the Loan Purchase Agreement dated as of October 1, 2005 among the Issuer, the Depositor and the eligible lender trustees party thereto, as the same may be amended and supplemented with a Rating Agency Confirmation, and (b) any other student loan purchase agreement in the form of Exhibit B hereto, as such form may be amended and supplemented with a Rating Agency Confirmation, with a seller as to which a Rating Agency Confirmation has occurred.

Student Loan Purchase Agreement means a loan purchase agreement entered into for the purchase of Eligible Loans into the Trust Estate from a third party seller, substantially in the form attached as Exhibit L hereto.

Student Loan Purchase Agreement means (a) the Loan Purchase Agreement, dated as of February 1, 2003, between the Issuer and the Depositor in the form of Exhibit B hereto, as such form may be amended and supplemented with a Rating Agency Confirmation, and (b) any other student loan purchase agreement in the form of Exhibit B hereto, as such form may be amended and supplemented with a Rating Agency Confirmation, with a seller of Eligible Loans which has been approved by the Rating Agencies.

Student Loan Purchase Agreement means the Transfer and Sale Agreement, dated as of October 1, 2019, between the Authority and the Seller, as amended and supplemented pursuant to the terms thereof and of the Indenture.

Student Loan Purchase Agreement means the Student Loan Purchase Agreement, dated as of the Closing Date, among the Seller, the Seller Eligible Lender Trustee, the Funding Note Issuer and the Eligible Lender Trustee, under which the Seller will transfer certain Eligible Loans to the Funding Note Issuer, together with all sale agreements, blanket endorsements and bills of sale executed pursuant thereto.

Student Loan Purchase Agreement means a loan purchase agreement entered into for the purchase of Eligible Loans.

Student Loan Purchase Agreement means, collectively, (a) the Loan Purchase Agreement, dated as of the date hereof, between the Issuer, the Depositor, the Eligible Lender Trustee and the Depositor Eligible Lender Trustee and (b) each additional student loan purchase agreement entered into between the Issuer and the Depositor for the purchase of Eligible Loans which constitute Additional Trust Loans, in each case as amended, supplemented or otherwise modified from time to time pursuant to the terms thereof.