Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Certificate or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.
Appears in 42 contracts
Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Student Loan Trust 2008-8), Administration Agreement (SLM Student Loan Trust 2006-4)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Certificate Certificates or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein or in any other Basic Document.
Appears in 14 contracts
Samples: Administration Agreement (SLM Private Credit Student Loan Trust 2005-A), Administration Agreement (SLM Private Credit Student Loan Trust 2005-B), Administration Agreement (SLM Education Credit Funding LLC)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Trust Certificate or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein or in any other Basic Document.
Appears in 10 contracts
Samples: Administration Agreement (SLC Student Loan Trust 2010-1), Administration Agreement (SLC Student Loan Receivables I Inc), Administration Agreement (SLC Student Loan Trust 2007-1)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Trust Certificate or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.
Appears in 8 contracts
Samples: Administration Agreement (SLC Student Loan Trust 2006-1), Administration Agreement (SLC Student Loan Trust 2005-3), Administration Agreement (SLC Student Loan Trust 2005-1)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Certificate or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.. Administration Agreement
Appears in 3 contracts
Samples: Administration Agreement (SLM Student Loan Trust 2006-2), Administration Agreement (SLM Student Loan Trust 2008-6), Administration Agreement (SLM Student Loan Trust 2006-8)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Administration Agreement Excess Distribution Certificate or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.
Appears in 2 contracts
Samples: Administration Agreement (SLM Student Loan Trust 2006-9), Administration Agreement (SLM Student Loan Trust 2007-2)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Certificate Certificates or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.
Appears in 2 contracts
Samples: Master Administration Agreement (SLM Funding LLC), Master Administration Agreement (SLM Funding LLC)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may may, in its individual or any other capacity capacity, become the owner or pledgee of the Excess Distribution Certificate Certificates or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein or in any other Basic Transaction Document.
Appears in 2 contracts
Samples: Administration Agreement (Chase Education Loan Trust 2007-A), Administration Agreement (Collegiate Funding of Delaware LLC)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Certificate Certificates or Notes with the same rights as it would have if it were not the Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.
Appears in 2 contracts
Samples: Administration Agreement (Wachovia Student Loan Trust 2005-1), Administration Agreement (Wachovia Education Loan Funding LLC)
Administrator May Own Certificates or Notes. The Administrator and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of the Excess Distribution Certificate or Notes with the same rights as it would have if it were not the Administration Agreement Administrator or an Affiliate thereof, except as expressly provided herein in any other Basic Document.
Appears in 1 contract
Samples: Administration Agreement (SLM Student Loan Trust 2006-1)