Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon Purchaser's receipt from the Seller of the Xxxx of Sale and the payment by Purchaser to Seller of the Initial Payment, and when consummated such sale and purchase shall be effective as of the date of the Xxxx of Sale. Seller and Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to such Sale Agreement.
Appears in 9 contracts
Samples: Sale Agreement (SLM Education Credit Funding LLC), Sale Agreement (SLM Education Credit Funding LLC), Sale Agreement (SLM Education Credit Funding LLC)
Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon the Purchaser's ’s receipt from the Seller of the Xxxx of Sale and the payment by the Purchaser to the Seller of the Initial Payment, and when consummated such sale and purchase shall be effective as of the date of the Xxxx of Sale. The Seller and the Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to such Sale Agreement.
Appears in 3 contracts
Samples: Sale Agreement (SLM Private Credit Student Loan Trust 2005-A), Sale Agreement (SLM Private Credit Student Loan Trust 2005-A), Sale Agreement (SLM Private Credit Student Loan Trust 2005-A)
Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon Purchaser's receipt from the Seller and the Interim Eligible Lender Trustee for the benefit of the Xxxx Seller of the Bill xx Sale and the payment by Purchaser to Seller of the Initial Payment, and when consummated such sale and purchase shall be effective as of the date of the Xxxx of Bill xx Sale. Seller and Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to such Sale Agreement.
Appears in 2 contracts
Samples: Sale Agreement (SLM Funding Corp), Sale Agreement (SLM Funding Corp)
Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon Purchaser's receipt from the Seller of the Xxxx Bill of Sale and the payment by Purchaser to Seller of the Initial PaymentPaxxxxt, and when consummated such sale and purchase shall be effective as of the date of the Xxxx Bill of Sale. Seller and Purchaser shall use their best efforts to perform pexxxxm promptly their respective obligations pursuant to such Sale Agreement.
Appears in 2 contracts
Samples: Sale Agreement (SLM Education Credit Funding LLC), Sale Agreement (SLM Education Credit Funding LLC)
Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon the Purchaser's receipt from the Seller of the Xxxx of Sale and the payment by the Purchaser to the Seller of the Initial Payment, and when consummated such sale and purchase shall be effective as of the date of the Xxxx of Sale. The Seller and the Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to such Sale Agreement.
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Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon Purchaser's ’s receipt from the Seller of the Xxxx Bxxx of Sale and the payment by Purchaser to Seller of the Initial Payment, and when consummated such sale and purchase shall be effective as of the date of the Xxxx Bxxx of Sale. Seller and Purchaser shall use their best efforts to perform promptly their respective obligations pursuant to such Sale Agreement.
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Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon the Purchaser's receipt from the Seller of the Xxxx Bill of Sale and the payment by the Purchaser to the Seller of the Initial PaymentPxxxxase Price, and when consummated such sale and purchase shall be effective as of the date of the Xxxx Bill of Sale. The Seller and the Purchaser shall use their best efforts effoxxx to perform promptly their respective obligations pursuant to such the Sale Agreement.
Appears in 1 contract
Samples: Deposit and Sale Agreement (National Collegiate Funding LLC)
Consummation of Sale and Purchase. The sale and purchase of Eligible Loans pursuant to a Sale Agreement shall be consummated upon the Purchaser's receipt from the Seller of the Xxxx Bill of Sale and the payment by the Purchaser to the Seller of the Initial Inxxxxl Payment, and when consummated such sale and purchase shall be effective as of the date of the Xxxx Bill of Sale. The Seller and the Purchaser shall use their best efforts to efforxx xo perform promptly their respective obligations pursuant to such Sale Agreement.
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