Examples of Loan Asset in a sentence
The Servicer will use its best efforts to collect all payments with respect to amounts due for Taxes, assessments and insurance premiums relating to each Loan Asset to the extent required to be paid to the Borrower for such application under the applicable Loan Agreement and remit such amounts to the appropriate Governmental Authority or insurer as required by the Loan Agreements.
The Trust hereby appoints the Advisor, and the Advisor hereby agrees to act, as structuring advisor to the Trust in connection with the Trust’s issuance of its Student Loan Asset Backed Notes (the “Notes”) pursuant to that certain Indenture (the “Indenture”), dated as of March 1, 2007, between the Trust and U.S. Bank National Association, as Indenture Trustee, under the terms and conditions set forth herein.
Each Eligible Loan Asset originated or acquired by the Contributor was originated or acquired without any fraud or misrepresentation by the Contributor or, to the best of the Contributor’s knowledge, on the part of the Obligor.
Each Loan Asset was originated without any fraud or misrepresentation by the Transferor or the Borrower or, to the best of the Borrower’s knowledge, on the part of the Obligor.
This Servicer’s Certificate relates to the Loan Asset Register set forth on the attached Schedule X.