Common use of LIABILITY OF THE SELLER; INDEMNITIES Clause in Contracts

LIABILITY OF THE SELLER; INDEMNITIES. The Servicer shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Servicer on behalf of VL Funding under these Master Terms and each related Purchase Agreement.

Appears in 31 contracts

Samples: Additional Purchase Agreement (Navient Student Loan Trust 2014-8), Additional Purchase Agreement (Navient Student Loan Trust 2014-2), Additional Purchase Agreement (Navient Student Loan Trust 2014-5)

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LIABILITY OF THE SELLER; INDEMNITIES. The Servicer shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by the Servicer on behalf of VL VG Funding under these Master Terms and each related Purchase Agreement.

Appears in 25 contracts

Samples: Additional Purchase Agreement, Initial Purchase Agreement (SLM Student Loan Trust 2006-3), Additional Purchase Agreement (SLM Student Loan Trust 2007-4)

LIABILITY OF THE SELLER; INDEMNITIES. The Servicer shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by VG Funding the Servicer on behalf of VL Funding under these Master Terms and each related Purchase Agreement.

Appears in 5 contracts

Samples: Purchase Agreement Master Securitization Terms Number (SLM Student Loan Trust 2005-4), Purchase Agreement Master Securitization Terms Number 1000 (SLM Funding LLC), Additional Purchase Agreement (SLM Student Loan Trust 2005-3)

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LIABILITY OF THE SELLER; INDEMNITIES. The Servicer shall be liable in accordance herewith only to the extent of the obligations specifically undertaken by VG Funding and the Servicer on behalf of VL Funding Servicer, as applicable, under these Master Terms and each related Purchase Agreement.

Appears in 1 contract

Samples: Additional Purchase Agreement (SLM Funding LLC)

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