Common use of Appointment of Eligible Lender Trustee Clause in Contracts

Appointment of Eligible Lender Trustee. The Depositor hereby appoints the Eligible Lender Trustee as trustee of the Trust effective as of the date hereof, to have all of the rights, powers and duties set forth herein.

Appears in 4 contracts

Samples: Trust Agreement (Wells Fargo Student Loans Receivables I LLC), Trust Agreement (Signet Student Loan Trusts), Trust Agreement (Usa Group Secondary Market Services Inc)

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Appointment of Eligible Lender Trustee. The Depositor hereby appoints the Eligible Lender Trustee as trustee of the Trust effective as of the date hereof, hereof to have all of the rights, powers and duties set forth herein.

Appears in 1 contract

Samples: Trust Agreement (Nellie Mae Education Loan Corp)

Appointment of Eligible Lender Trustee. The Each Depositor hereby (i) appoints the Eligible Lender Trustee as trustee of the Trust effective as of the date hereof, to have all of the rights, powers and duties set forth herein, and (ii) ratifies all actions of the Eligible Lender Trustee taken on behalf of the Trust prior to the execution hereof.

Appears in 1 contract

Samples: Trust Agreement (Classnotes Inc)

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Appointment of Eligible Lender Trustee. The Depositor hereby (i) appoints the Eligible Lender Trustee as trustee of the Trust effective as of the date hereof, to have all of the rights, powers and duties set forth herein, and (ii) ratifies all actions of the Eligible Lender Trustee taken on behalf of the Trust prior to the execution hereof.

Appears in 1 contract

Samples: Trust Agreement (Transworld Insurance Co)

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