Certain Terms of the Notes Sample Clauses
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-8 Remarketing Agent and Address: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, successor by merger to Banc of America Securities LLC Xxx Xxxxxx Xxxx, Xxxxxx Xxxxx Xxx Xxxx, XX 00000 Attention: Xxxxxxxxxxx Xxxxx Title of Notes: Class A-4 Reset Rate Notes Principal Amount of Notes to be Purchased: $293,905,607.00 Class A-4 Reset Rate Notes Title of Indenture: Indenture, dated as of September 1, 2005, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: Deutsche Bank Trust Company Americas Indenture Trustee: Deutsche Bank National Trust Company Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa(sf) Standard & Poor’s Ratings Services: AAA (sf) Fitch Ratings, Inc.: AAAsf Interest Rate Mode: ☒ Floating Rate Class A-4 Reset Rate Notes: Three-Month LIBOR plus 0.55% Spread: ☐ Fixed Rate Spread: Yield to Maturity of Fixed Rate Pricing Benchmark: Fixed Rate: Eligible Swap Counterparty (or Counterparties) and the floating rate (or rates) of interest payable by the Trust to each Eligible Swap Counterparty (or Counterparties): N/A Currency Denomination: U.S. Dollars Currency Exchange Rate: N/A Extension Rate: N/A All Hold Rate: N/A
Certain Terms of the Notes. The terms of the Notes are established as set forth in this Section, in Section 5.3 and as further established in the form of Note attached hereto as Exhibit A. The terms and notations contained in the Notes shall constitute, and are hereby expressly made, a part of the Original Indenture as supplemented by this First Supplemental Indenture, and the Operating Partnership, the Trust and the Trustee, by their execution and delivery of this First Supplemental Indenture, expressly agree to such terms and provisions and to be bound thereby.
Certain Terms of the Notes. (a) The Notes shall bear interest at the rate of 5.40% per annum on the principal amount thereof from the date of original issuance or from the most recent Interest Payment Date to which interest has been paid or duly provided for, until the principal of the Notes becomes due and payable, and on any overdue principal and premium and (to the extent that payment of such interest is enforceable under applicable law) on any overdue installment of interest at the same rate per annum during such overdue period. Interest on the Notes will be payable in arrears on February 1 and August 1 of each year (each such date, an "Interest Payment Date"), commencing February 1, 2005. The amount of interest payable for any period shall be computed on the basis of a 360-day year and twelve 30-day months.
(b) In the event that any Interest Payment Date, redemption date or other date of Maturity of the Notes is not a Business Day, then payment of the amount payable on such date will be made on the next succeeding day which is a Business Day (and without any interest or other payment in respect of any such delay), in each case with the same force and effect as if made on such date. The interest installment so payable, and punctually paid or duly provided for, on any Interest Payment Date with respect to any Note will, as provided in the Original Indenture, be paid to the person in whose name the Note (or one or more Predecessor Securities, as defined in said Indenture) is registered at the close of business on the relevant record date for such interest installment, which shall be the fifteenth calendar day (whether or not a Business Day) prior to the relevant Interest Payment Date (the "Regular Record Date"). Any such interest installment not punctually paid or duly provided for shall forthwith cease to be payable to the registered Holders on such Regular Record Date, and may either be paid to the person in whose name the Note (or one or more Predecessor Securities) is registered at the close of business on a Special Record Date to be fixed by the Trustee for the payment of such defaulted interest, notice whereof shall be given to the registered Holders of the Notes not less than ten days prior to such Special Record Date, or may be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the Notes may be listed, and upon such notice as may be required by such exchange, all as more fully provided in the Original Inden...
Certain Terms of the Notes. The following terms relating to the Notes are hereby established:
Certain Terms of the Notes. Trust: SLM Student Loan Trust 200__-__ Remarketing Agents and Addresses: ____________________________ ____________________________ Title of Notes: Class A-[__]Reset Rate Notes Title of Indenture: Indenture, dated as of ___________, 200__, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: _______________________________ Indenture Trustee: _______________________________ Current Ratings: Xxxxx’x Investors Service, Inc.: Standard & Poor’s Ratings Services: Fitch Ratings: Weighted average life of the Notes under several assumed prepayment scenarios: Remarketing Terms Determination Date: Hold Notice Date: Spread Determination Date: Reset Date: Reset Period and next succeeding Reset Date: Interest Rate Mode: [ ] Floating Rate Mode: Index: Interval between Interest Rate Change Dates: Interest Rate Determination Date(s): [ ] Fixed Rate Mode: Fixed Rate Pricing Benchmark: Whether principal amortizes periodically or is paid at end of Reset Period Currency Denomination: [ ] Foreign Exchange Mode: Minimum Denominations and additional increments: Interest Distribution Dates: Principal Distribution Date(s): Priority of Principal Payments – of both classes of Notes are successfully remarketed on the same Reset Date, whether there will be a change in the relative priorities of the Notes with respect to the right to receive payments of principal Swap Agreement(s): [ ] Currency Swap Agreement: [ ] Yes [ ] No [ ] Interest Rate Swap Agreement: Eligible Swap Counterparties from which Bids will be Solicited: All Hold Rate (Spread for floating or fixed rate, as applicable): Day Count Basis: Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Notes, payable except in the case of a Failed Remarketing): Wire Instructions: Other: The foregoing terms are hereby confirmed and agreed to as of this ____ day of _________. SLM STUDENT LOAN TRUST 200_-_ By: __________________________________ __________________________________ not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory _______________________________________ By: Name: Title: _______________________________________ By: Name: Title: By: Name: Title: SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of _______ (this “Agreement”) by and among SLM Student Loan Trust 200__-__ (the “Trust”), Xxxxxx Mae, Inc. (the ...
Certain Terms of the Notes. Trust: SLC Student Loan Trust 20__-__ Remarketing Agents and Addresses: ____________________________ Title of Notes: Class A-[__]Reset Rate Notes Principal Amount of Notes to be Remarketed $ Title of Indenture: Indenture, dated as of ___________, 20__, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee, the Indenture Trustee and Indenture Administrator. Eligible Lender Trustee: _______________________________ Indenture Trustee: _______________________________ Indenture Administrator: _______________________________ Current Ratings: Xxxxx'x Investors Service, Inc.: Standard & Poor's Ratings Services: Fitch Ratings: Interest Rate Mode: [ ] Floating Rate Spread: [ ] Fixed Rate Spread: Yield to Maturity of Fixed Rate Pricing Benchmark: Fixed Rate: The Eligible Swap Counterparty (or Counterparties) and the floating rate (or rates) of interest payable by the Trust to each Eligible Swap Counterparty (or Counterparties): Currency Denomination: Currency Exchange Rate: Extension Rate: All Hold Rate:
Certain Terms of the Notes. In addition to the terms of the Notes established elsewhere in this Third Supplemental Indenture and the form of Note attached hereto as Exhibit A, the Notes have the following terms:
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-9 Remarketing Agent and Address: Credit Suisse Securities (USA) LLC Eleven Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000-0000 Attention: Xxxxx Xxxxxxx Deutsche Bank Securities Inc. 00 Xxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Con Accibal Title of Notes: Class A-6 Reset Rate Notes Title of Indenture: Indenture, dated as of November 1, 2005, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: Deutsche Bank Trust Company Americas Indenture Trustee: Deutsche Bank National Trust Company Current Ratings: Xxxxx’x Investors Service, Inc.: [REDACTED] Standard & Poor’s Ratings Services: [REDACTED] Fitch Ratings: [REDACTED] Expected weighted average life of the Notes at 4% CPR: Approximately 4.90 years (based on assumptions in the preliminary Remarketing Prospectus Supplement) Remarketing Terms Determination Date: April 15, 2013 Hold Notice Date: April 17, 2013 Spread Determination Date: On or before April 22, 2013 Reset Date: April 25, 2013 Reset Period and next succeeding Reset Date: N/A1 Interest Rate Mode: x Floating Rate Mode: Index: Three-Month LIBOR Interval between Interest Rate Change Dates: Quarterly from each Distribution Date through the day before the next Distribution Date. Interest Rate Determination Date(s): Second New York and London Business Day before the beginning of the Accrual Period. o Fixed Rate Mode: Fixed Rate Pricing Benchmark: N/A Whether principal amortizes periodically or is paid at end of Reset Period: Periodically Currency Denomination: U.S. Dollars o Foreign Exchange Mode: N/A Minimum Denominations and additional increments: The class A-6 notes will be available for purchase in minimum denominations of $100,000 and additional increments of $1,000 in excess thereof. Interest Distribution Dates: The 25th day of each January, April, July and October or, if such day is not a business day, then on the next business day. Principal Distribution Date(s): The 25th day of each January, April, July and October or, if such day is not a business day, then on the next business day. Swap Agreement(s): o Yes x No o Currency Swap Agreement:
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6
Certain Terms of the Notes. Trust: Nelnet Student Loan Trust ------------------------------------------------- ------------------------------ Remarketing Agents and Addresses: ------------------------------------------------- ------------------------------ Title of Notes: Class Reset Rate Notes ------------------------------------------------- ------------------------------ Title of Indenture: Indenture of Trust, dated as o , , as amendedor supplemented from time to time by and among the Issuer, the Eligible Lender Trustee and the Trustee. ------------------------------------------------- ------------------------------ ------------------------------------------------- ------------------------------ Eligible Lender Trustee: ------------------------------------------------- ------------------------------ Trustee: ------------------------------------------------- ------------------------------ Current Ratings: ------------------------------------------------- ------------------------------ Xxxxx'x Investors Service, Inc.: _____ ------------------------------------------------- ------------------------------ Standard & Poor's Ratings Services: _____ ------------------------------------------------- ------------------------------ Fitch Ratings: _____ ------------------------------------------------- ------------------------------ Weighted average life of the Notes _____ months under several assumed prepayment scenarios: ------------------------------------------------- ------------------------------ Remarketing Terms Determination Date: __________ __, ____ ------------------------------------------------- ------------------------------ Hold Notice Date: __________ __ ------------------------------------------------- ------------------------------ Spread Determination Date: __________ __ ------------------------------------------------- ------------------------------ Reset Date: __________ __ ------------------------------------------------- ------------------------------ Reset Period and next succeeding Reset Date: __________ __ ------------------------------------------------- ------------------------------ Interest Rate Mode: ------------------------------------------------- ------------------------------ [ ] Floating Rate Mode: ------------------------------------------------- ------------------------------ Index: ------------------------------------------------- ------------------------------ Interval between Interest Rate Change Dates: ------------------------------------------------...