Term to Maturity. Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.
Term to Maturity. Each Receivable had an original term to maturity of not more than seventy-two (72) monthly payments and not less than twelve (12) monthly payments and a remaining term to maturity as of the Cutoff Date of not more than seventy-one (71) monthly payments and not less than three (3) monthly payments.
Term to Maturity. Each Receivable had an original term to maturity of not more than seventy-two (72) monthly payments and not less than twelve (12) monthly payments and a remaining term to maturity as of the Cutoff Date of not more than seventy-one (71) monthly payments and not less than three (3) monthly payments. 1: Confirm the sum of the number of payments together with any first and last scheduled monthly payments (if applicable) is within the allowable number of payments to maturity 2: Confirm the remaining terms to maturity as stated within the data tape or servicing system is within the allowable number of payments to maturity RPA 3.4(r) Annual Percentage Rate. Each Receivable has an APR of not more than 25.00%. 1: Confirm the Annual Percentage Rate (APR) as stated within the “Truth in Lending” section of the Contract does not exceed the maximum allowable APR
Term to Maturity. Each Receivable had an original term to maturity of not more than seventy-two (72) monthly payments and not less than twelve (12) monthly payments and a remaining term to maturity as of the Cutoff Date of not more than seventy-one (71) monthly payments and not less than three (3) monthly payments. 1: Confirm the sum of the number of payments together with any first and last scheduled monthly payments (if applicable) is within the allowable number of payments to maturity 2: Confirm the remaining terms to maturity as stated within the data tape or servicing system is within the allowable number of payments to maturity
Term to Maturity. Each Receivable had an original term to maturity of not more than [___] monthly payments and not less than [___] monthly payments and a remaining term to maturity as of the Cutoff Date of not more than [___] monthly payments and not less than [___] monthly payments.
Term to Maturity. Each Contract had an original term to maturity of not more than 84 months; provided, however, that as of the Prefunding Account Ending Date the weighted average remaining term of all contracts shall not exceed 57 months.
Term to Maturity. As of the applicable Cutoff Date, each Contract had an original term to maturity of not more than 84 months; provided, however, that as of the Prefunding Account Ending Date, the weighted average remaining term to maturity of all Contracts shall not exceed 57 months.
Term to Maturity. Each Contract had an original term to maturity of not more than 66 months; provided, however that as of the Prefunding Account Ending Date, no more than 19% of the Pool Balance shall represent Contracts with an original term to maturity greater than 60 months and less than or equal to 66 months.
Term to Maturity. In addition, each substituted Eligible Loan will comply, as of the date of substitution, with all of the representations and warranties made hereunder. In choosing Eligible Loans to be substituted pursuant to this Section 6, the Seller shall make a reasonable determination that the Eligible Loans to be substituted will not have a material adverse effect on the Noteholders. In the event that the Seller elects to substitute Eligible Loans pursuant to this Section 6, the Seller will remit to the Administrator the amount of any shortfall between the Purchase Amount of the substituted Eligible Loans and the Purchase Amount of the Trust Student Loans for which they are being substituted. The Seller shall also remit to the Administrator an amount equal to all non-guaranteed interest amounts and forfeited Interest Subsidy Payments and Special Allowance Payments with respect to the Trust Student Loans in the manner provided in Section 2.6 of the Administration Agreement. The sole remedy of the Purchaser, the Eligible Lender Trustee and the Noteholders with respect to a breach by the Seller pursuant to Section 5 (A) and (B) hereof shall be to require the Seller to purchase such Trust Student Loans, to reimburse the Purchaser as provided above or to substitute Eligible Loans pursuant to this Section 6. The Eligible Lender Trustee shall have no duty to conduct any affirmative investigation as to the occurrence of any condition requiring the purchase of any Trust Student Loan or the reimbursement for any interest penalty pursuant to this Section 6.
Term to Maturity. Each Contract had an original term to maturity of not more than 60 months.
