Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-5 Remarketing Agents and Addresses: Citigroup Global Markets Inc. 000 Xxxxxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx, Xxxxx & Co. 00 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5 Reset Rate Notes Principal Amount of Notes to be Remarketed: $ Title of Indenture: Indenture dated as of June 1, 2005 as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee Eligible Lender Trustee: Chase Bank USA, National Association Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Standard & Poor’s Ratings Services: Fitch Ratings: Interest Rate Mode: ¨ Floating Rate Spread: ¨ Fixed Rate Spread: Yield to Maturity of Fixed Rate Pricing Benchmark: Fixed Rate: The Eligible Swap Counterparty (or Counterparties) and the floating rate (or rates) of interest payable by the Trust to each Eligible Swap Counterparty (or Counterparties): Currency Denomination: Currency Exchange Rate: Extension Rate: All Hold Rate:
Certain Terms of the Notes. The terms of the Notes are established as set forth in this Section, in Section 5.3 and as further established in the form of Note attached hereto as Exhibit A. The terms and notations contained in the Notes shall constitute, and are hereby expressly made, a part of the Original Indenture as supplemented by this Third Supplemental Indenture, and the Operating Partnership, the Trust and the Trustee, by their execution and delivery of this Third Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby.
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 Remarketing Agents and Addresses: Credit Suisse Securities (USA) LLC Eleven Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Title of Notes: Class A-5B Reset Rate Notes Title of Indenture: Indenture, dated as of July 1, 2005, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: The Bank of New York Mellon Trust Company, National Association (formerly known as The Bank of New York Trust Company, N.A.) Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa Standard & Poor’s Ratings Services: AAA Fitch Ratings: AAA Weighted average life of the Notes at 100% CLR: 5.86 years (based on assumptions in the preliminary Remarketing Prospectus) Remarketing Terms Determination Date: July 15, 2008 Notice Date: July 17, 2008 Spread Determination Date: July 22, 2008 Reset Date: July 25, 2008 Reset Period and next succeeding Reset Date: N/A Interest Rate Mode: x Floating Rate Mode: Index: Three-Month LIBOR Interval between Interest Rate Change Dates: Quarterly from each Distribution Date through the day before the next Distribution Date Interest Rate Determination Date(s): Second New York and London Business Day before the Distribution Date ¨ Fixed Rate Mode: N/A Fixed Rate Pricing Benchmark: N/A Whether principal amortizes periodically or is paid at end of Reset Period Currency Denomination: N/A ¨ Foreign Exchange Mode: N/A Minimum Denominations and additional increments: N/A Interest Distribution Dates: 25th day of each January, April, July and October (subject to next business day convention), beginning October 27, 2008 Principal Distribution Date(s): 25th day of each January, April, July and October (subject to next business day convention), beginning October 27, 2008 Priority of Principal Payments – N/A Swap Agreement(s): ¨ Yes x No ¨ Currency Swap Agreement: ¨ Interest Rate Swap Agreement: Eligible Swap Counterparties from which Bids will be Solicited: N/A All Hold Rate (Spread for floating or fixed rate, as applicable): Three-Month LIBOR plus 0.75% Day Count Basis: Actual/360 Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Notes, payable except in the case of a Failed Remarketing): 0.25% Wire Instructions: To be furnished by Xxxxxxx Lynch, Pierce, Xxxxxx &...
Certain Terms of the Notes. The following terms relating to the Notes are hereby established:
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2006-5 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Deutsche Bank Securities Inc. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-[ ] Reset Rate Notes Principal Amount of Notes to be Remarketed: $ Title of Indenture: Indenture dated as of June 1, 2006 as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee Eligible Lender Trustee: Chase Bank USA, National Association Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Standard & Poor’s Ratings Services: Fitch Ratings: Interest Rate Mode: ¨ Floating Rate Spread: ¨ Fixed Rate Spread: Appendix C-2 Yield to Maturity of Fixed Rate Pricing Benchmark: Fixed Rate: The Eligible Swap Counterparty (or Counterparties) and the floating rate (or rates) of interest payable by the Trust to each Eligible Swap Counterparty (or Counterparties): Currency Denomination: Currency Exchange Rate: Extension Rate: All Hold Rate:
Certain Terms of the Notes. Trust: SLC Student Loan Trust 20__-__ Remarketing Agents and Addresses: ____________________________ Title of Notes: Class A-[__]Reset Rate Notes Principal Amount of Notes to be Remarketed $ Title of Indenture: Indenture, dated as of ___________, 20__, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee, the Indenture Trustee and Indenture Administrator. Eligible Lender Trustee: _______________________________ Indenture Trustee: _______________________________ Indenture Administrator: _______________________________ Current Ratings: Xxxxx'x Investors Service, Inc.: Standard & Poor's Ratings Services: Fitch Ratings: Interest Rate Mode: [ ] Floating Rate Spread: [ ] Fixed Rate Spread: Yield to Maturity of Fixed Rate Pricing Benchmark: Fixed Rate: The Eligible Swap Counterparty (or Counterparties) and the floating rate (or rates) of interest payable by the Trust to each Eligible Swap Counterparty (or Counterparties): Currency Denomination: Currency Exchange Rate: Extension Rate: All Hold Rate:
Certain Terms of the Notes. In addition to the terms of the Notes established elsewhere in this Second Supplemental Indenture and the form of Note attached hereto as Exhibit A, the Notes have the following terms:
Certain Terms of the Notes. (a) The 5.19% Notes shall bear interest at the rate of 5.19% per annum on the principal amount thereof from the date of original issuance, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, until the principal of the Notes becomes due and payable, and on any overdue principal and Make-Whole Amount and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the rate of 5.19% per annum during such overdue period. Interest on the Notes will be payable semi-annually in arrears on October 1 and April 1 of each year (each such date, an "Interest Payment Date"), commencing April 1, 2006. The amount of interest payable for any period shall be computed on the basis of a 360-day year and twelve 30-day months.
Certain Terms of the Notes. (a) The Notes shall bear interest at the rate of 5 1/2% per annum on the respective principal amount thereof, from August 28, 2003, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, until the principal of such series of Notes becomes due and payable, and on any overdue principal and premium and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same rate per annum during such overdue period. Interest on the Notes will be payable semiannually in arrears on June 1 and December 1 of each year (each such date, an "Interest Payment Date"), commencing December 1, 2003. Payment of interest on the 2003A Bonds shall be deemed to constitute payment on the related series of Notes. The amount of interest payable for any period shall be computed on the basis of twelve 30-day months and a 360-day year.
Certain Terms of the Notes. (a) The 4.80% Notes shall bear interest at the rate of 4.80% per annum and the 5.45% Notes shall bear interest at the rate of 5.45% per annum on the respective principal amount thereof from the date of original issuance, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, until the principal of such series of Notes becomes due and payable, and on any overdue principal and premium and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same rate per annum during such overdue period. The Notes shall bear additional interest ("Additional Interest") pursuant to the Registration Agreement upon the occurrence of any Registration Default (as defined therein). Additional Interest shall be payable on the applicable Interest Payment Date to the same persons and in the same manner as provided for herein for payment of ordinary interest. Interest on the Notes will be payable semi-annually in arrears on February 15 and August 15 of each year (each such date, an "Interest Payment Date"), commencing August 15, 2005. The amount of interest payable for any period shall be computed on the basis of a 360-day year and twelve 30-day months.
