Common use of Administrator Default Clause in Contracts

Administrator Default. 22 Section 5.2 Appointment of Successor..................................................................... 23 Section 5.3 Notification to Noteholders and Certificateholders........................................... 24 Section 5.4 Waiver of Past Defaults...................................................................... 24

Appears in 2 contracts

Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)

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Administrator Default. 22 24 Section 5.2 5.02. Appointment of Successor..................................................................... 23 .......................................25 Section 5.3 5.03. Notification to Noteholders and Certificateholders........................................... 24 .............26 Section 5.4 5.04. Waiver of Past Defaults...................................................................... 24........................................26

Appears in 2 contracts

Samples: Administration Agreement (SLM Education Credit Funding LLC), Administration Agreement (SLM Education Credit Funding LLC)

Administrator Default. 22 30 Section 5.2 Appointment of Successor..................................................................... 23 31 Section 5.3 Notification to Noteholders and Certificateholders........................................... 24 32 Section 5.4 Waiver of Past Defaults...................................................................... 2432 ARTICLE VI Section 6.1 Termination.................................................................................. 32

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

Administrator Default. 22 23 Section 5.2 5.02. Appointment of Successor..................................................................... 23 ..........................................................................24 Section 5.3 5.03. Notification to Noteholders and Certificateholders........................................... 24 ................................................25 Section 5.4 5.04. Waiver of Past Defaults...................................................................... 24...........................................................................25

Appears in 1 contract

Samples: Administration Agreement (SLM Education Credit Funding LLC)

Administrator Default. 22 24 Section 5.2 Appointment of Successor..................................................................... 23 ..................................................... 25 Section 5.3 Notification to Noteholders and Certificateholders........................................... 24 Certificateholder............................ 26 Section 5.4 Waiver of Past Defaults...................................................................... 24...................................................... 26 ARTICLE VI Section 6.1 Termination.................................................................. 26 ARTICLE VII Section 7.1 Protection of Interests in Trust............................................ 27

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

Administrator Default. 22 33 Section 5.2 Appointment of Successor..................................................................... 23 34 Section 5.3 Notification to Noteholders and Certificateholders........................................... 24 35 Section 5.4 Waiver of Past Defaults...................................................................... 2435 ARTICLE VI Section 6.1 Termination.................................................................................. 36

Appears in 1 contract

Samples: Administration Agreement Supplement (SLM Funding LLC)

Administrator Default. 22 23 Section 5.2 Appointment of Successor..................................................................... 23 24 Section 5.3 Notification to Noteholders and Certificateholders........................................... 24 25 Section 5.4 Waiver of Past Defaults...................................................................... 2425 ARTICLE VI Section 6.1 Termination.................................................................................. 26

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

Administrator Default. 22 24 Section 5.2 5.02. Appointment of Successor..................................................................... 23 ........................................25 Section 5.3 5.03. Notification to Noteholders and Certificateholders........................................... 24 Section 5.4 Waiver of Past Defaults...................................................................... 24..............26

Appears in 1 contract

Samples: Administration Agreement (SLM Education Credit Funding LLC)

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Administrator Default. 22 20 Section 5.2 5.02. Appointment of Successor..................................................................... 23 .......................................................... 21 Section 5.3 5.03. Notification to Noteholders and Certificateholders........................................... 24 ................................ 22 Section 5.4 5.04. Waiver of Past Defaults...................................................................... 24........................................................... 22

Appears in 1 contract

Samples: Administration Agreement (SLM Education Credit Funding LLC)

Administrator Default. 22 06.1 Administration Agreement Section 5.2 Appointment of Successor..................................................................... .............................................................. 23 Section 5.3 Notification to Noteholders and Certificateholders........................................... .................................... 24 Section 5.4 Waiver of Past Defaults...................................................................... ............................................................... 24

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

Administrator Default. 22 23 Section 5.2 Appointment of Successor..................................................................... 23 ......................................24 Section 5.3 Notification to Noteholders and Certificateholders........................................... 24 Holder of Trust Certificate..................................................25 Section 5.4 Waiver of Past Defaults...................................................................... 24.......................................25 ARTICLE VI Section 6.1 Termination...................................................25

Appears in 1 contract

Samples: Administration Agreement (SLC Student Loan Trust 2006-2)

Administrator Default. 22 24 Section 5.2 5.02. Appointment of Successor..................................................................... 23 ...................................... 25 Section 5.3 5.03. Notification to Noteholders and Certificateholders........................................... 24 ............ 26 Section 5.4 5.04. Waiver of Past Defaults...................................................................... 24....................................... 26

Appears in 1 contract

Samples: Administration Agreement (SLM Education Credit Funding LLC)

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