Allocation of Notes. (a) In the event of Sufficient Clearing Bids for a Series of Notes, subject to the further provisions of subsections (c) and (d) below, Submitted Orders for each Series of Notes shall be accepted or rejected as follows in the following order of priority:
Appears in 10 contracts
Samples: Auction Agreement (National Collegiate Student Loan Trust 2007-4), Broker Dealer Agreement (National Collegiate Student Loan Trust 2007-3), Auction Agreement (National Collegiate Student Loan Trust 2007-3)