Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas 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 2005-6 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-6)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 8 Remarketing Agents Agent and AddressesAddress: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Incorporated, successor by merger to Banc of America Securities LLC Xxx Xxxxxx Xxxx, Xxxxxx Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx XX 00000 Attention: Xxxxxxxxxxx Xxxxx Title of Notes: Class A-5B A-4 Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase Deutsche Bank USA, National Association, Trust Company Americas Indenture Trustee: Deutsche Bank National Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa(sf) Standard & Poor’s Ratings Services: AAA(sf) Fitch Ratings, Inc.: Weighted AAAsf Expected weighted average life of the Notes under several assumed prepayment scenariosat 4% CPR: Approximately 2.59 years (based on assumptions in the preliminary Remarketing Prospectus Supplement) Remarketing Terms Determination Date: January 12, 2017 Hold Notice Date: January 17, 2017 Spread Determination Date: On or before January 20, 2017 Reset Date: January 25, 2017 -3- Reset Period and next succeeding Reset Date: N/A1 Interest Rate Mode: ¨ ☒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. ☐Fixed Rate Mode: Fixed Rate Pricing Benchmark: N/A Whether principal amortizes periodically or is paid at end of Reset Period Period: Periodically Currency Denomination: ¨ U.S. Dollars ☐Foreign Exchange Mode: N/A Minimum Denominations and additional increments: The class A-4 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): Priority The 25th day of Principal Payments – of both classes of Notes are successfully remarketed each January, April, July and October or, if such day is not a business day, then 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 next business day. Swap Agreement(s): ¨ ☐Yes ☒ No ☐Currency Swap Agreement: ¨ Yes ¨ No ¨ ☐Interest Rate Swap Agreement: 1 Absent a failed remarketing of the class A-4 notes or an exercise of the related call option by Navient Corporation or one of its wholly-owned subsidiaries on or before the January 25, 2017 reset date, there will be no subsequent reset dates for the class A-4 notes. Eligible Swap Counterparties from which Bids will be Solicited: N/A All Hold Rate (Spread for floating or fixed rate, as applicable): Three-Month LIBOR plus 0.50% Day Count Basis: Actual/360 Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Notes, payable except in the case of a Failed Remarketing): 0.15% Wire Instructions: To be furnished by Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated, successor by merger to Banc of America Securities LLC Other: The Notes will be remarketed using a Preliminary Remarketing Prospectus, a Final Remarketing Prospectus and a Free-Writing Prospectus, each as furnished by the Administrator The foregoing terms are hereby confirmed and agreed to as of this 12th day of January, 2017. SLM STUDENT LOAN TRUST 2005-6 8 By: CHASE DEUTSCHE BANK USA, NATIONAL ASSOCIATION, TRUST COMPANY AMERICAS not in its individual capacity but solely as Eligible Lender Trustee By: Xxxxxxx H.Y. Voon Name: Xxxxxxx X.X. Xxxx Title: XXXXXX XXXVice President By: Xxxxx Barstock Name: Xxxxx Barstock Title: Vice President NAVIENT SOLUTIONS, INC., as Administrator By: C. Xxxxx Xxxxxx Name: C. Xxxxx Xxxxxx Title: Authorized Signatory XXXXXX BROTHERS INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED INCORPORATED, successor by merger to Banc of America Securities, LLC By: Xxxxxxxx Xxxxxxx Name: Xxxxxxxx Xxxxxxx Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.Authorized Signatory
Appears in 1 contract
Samples: Remarketing Agency Agreement (SLM Student Loan Trust 2005-8)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 7 Remarketing Agents and Addresses: Xxxxxx Brothers Banc of America Securities LLC Global Asset Backed Securitization 000 Xxxxx Xxxxx Xx. NC1-027-21-04 Charlotte, NC 28255 Deutsche Bank Securities Inc. 000 0xx Xxxxxx 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 10005 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B A-3 Reset Rate Notes Title of Indenture: Indenture, dated as of July August 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: Chase The Bank USAof New York Trust Company, National Association, N.A. Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa Standard & Poor’s Ratings Services: AAA Fitch Ratings: AAA Weighted average life of the Notes under several assumed prepayment scenarios: Remarketing Terms Determination Date: April 15, 2008 Hold Notice Date: April 17, 2008 Spread Determination Date: April 22, 2008 Reset Date: April 25, 2008 Reset Period and next succeeding Reset Date: N/A Interest Rate Mode: ¨ [X] Floating Rate Mode: Index: Three-Month LIBOR 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: Actual/360 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 2005-6 7 By: CHASE BANK USAThe Bank of New York Trust Company, NATIONAL ASSOCIATIONN.A., not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS BANC OF AMERICA SECURITIES LLC By: Name: Title: DEUTSCHE BANK SECURITIES INC. By: Name: Title: By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of _______ (this “Agreement”) by and among SLM Student Loan Trust 2005-6 7 (the “Trust”), Xxxxxx XxxMae, Inc. (the “Administrator”) and Xxxxxx Brothers Inc.Banc of America Securities LLC, Deutsche Bank Securities Inc. and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-3 Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the _____________ (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing AgreementAgreements, dated as of July 27August 11, 2005 and April 2, 2008 (the “Remarketing AgreementAgreements”) and the Remarketing Agency Agreement dated as of ____________ (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation option of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-3 Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing AgreementAgreements. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-7)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 7 Lead Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Banc of America Securities LLC Mail Code: NY1-301-02-01 0 Xxxx 00xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Deutsche Bank Securities Inc. 00 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Co-Lead Remarketing Agent and Address: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxxxx Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx World Headquarters 4 World Financial Center Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B A-3 Reset Rate Notes Principal Amount of Notes to be Remarketed: $266,000,000 of Class A-3 Notes Title of Indenture: Indenture, Indenture dated as of July August 1, 2005, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Trustee Eligible Lender Trustee: The Bank of New York Trust Company N.A., as successor eligible lender trustee to Chase Bank USA, National Association, Association Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa Standard & Poor’s Ratings Services: AAA 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: AAA Interest Rate Mode: ¨ [X] Floating Rate ModeSpread: Index: Interval between Interest Rate Change Dates: Interest Rate Determination Date(s): ¨ plus 1.35% Three-Month LIBOR [ ] Fixed Rate ModeSpread: N/A N/A Yield to Maturity of Fixed Rate Pricing Benchmark: Whether principal amortizes periodically or is paid at end of Reset Period Currency DenominationN/A Fixed Rate: ¨ 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: N/A The Eligible Swap Counterparties from which Bids will be Solicited: All Hold Rate Counterparty (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 2005-6 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27, 2005 (the “Remarketing Agreement”Counterparties) and the floating rate (or rates) of interest payable by the Trust to each Eligible Swap Counterparty (or Counterparties): N/A All Hold Rate: Three-Month LIBOR plus 1.20% New Interest Rate: As determined by application of the provisions set forth herein and in the Remarketing Agency Agreement dated as of (the “Agreements and Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Supplemental Remarketing Agency Agreement (SLM Student Loan Trust 2005-7)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 9 Remarketing Agents Agent and AddressesAddress: Xxxxxx Brothers Inc. 000 0xx Credit Suisse Securities (USA) LLC Eleven Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 00000-0000 Attention: Xxxxx Xxxxxxx LynchDeutsche Bank Securities Inc. 00 Xxxx Xxxxxx, Pierce, Xxxxxx & 0xx Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Con Accibal Title of Notes: Class A-5B A-6 Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase Deutsche Bank USA, National Association, Trust Company Americas Indenture Trustee: Deutsche Bank National Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: [REDACTED] Standard & Poor’s Ratings Services: [REDACTED] Fitch Ratings: Weighted [REDACTED] Expected weighted average life of the Notes under several assumed prepayment scenariosat 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 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): Priority The 25th day of Principal Payments – of both classes of Notes are successfully remarketed each January, April, July and October or, if such day is not a business day, then 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 next business day. Swap Agreement(s): ¨ o Yes x No o 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 2005-6 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.:
Appears in 1 contract
Samples: Remarketing Agency Agreement (SLM Student Loan Trust 2005-9)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 7 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Banc of America Securities LLC Global Asset Backed Securitization 000 Xxxxx Xxxxxx New YorkXxxxx Xx. NC1-027-21-04 Charlotte, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx NC 28255 Deutsche Bank Securities Inc. 00 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B [A-3][A-5] Reset Rate Notes Title of Indenture: Indenture, dated as of July August 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: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas 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: ¨ o Floating Rate Mode: Index: Interval between Interest Rate Change Dates: Interest Rate Determination Date(s): ¨ o Fixed Rate Mode: Fixed Rate Pricing Benchmark: Whether principal amortizes periodically amortizesperiodically or is paid at end of Reset Period Currency Denomination: ¨ o 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): ¨ o Yes o No o Currency Swap Agreement: ¨ Yes ¨ No ¨ o 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 2005-6 7 By: CHASE BANK BANK, USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., . as Administrator By: Authorized Signatory XXXXXX BROTHERS BANC OF AMERICA SECURITIES LLC By: Name: Title: DEUTSCHE BANK SECURITIES INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 7 (the “Trust”), Xxxxxx XxxMae, Inc. (the “Administrator”) and Xxxxxx Brothers Banc of America Securities LLC and Deutsche Bank Securities Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B [A-3][A-5] Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27August 11, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B [A-3][A-5] Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-7)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 8 Remarketing Agents and Addresses: Xxxxxx Brothers Deutsche Bank Securities Inc. 000 0xx Xxxxxx 60 Xxxx Xxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Mxxxxxx Lynch, Pierce, Xxxxxx Fxxxxx & Xxxxx Sxxxx Incorporated 000 200 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B A-4 Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Mxxxx’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: ¨ o Floating Rate Mode: Index: Interval between Interest Rate Change Dates: Interest Rate Determination Date(s): ¨ o Fixed Rate Mode: Fixed Rate Pricing Benchmark: Whether principal amortizes periodically or is paid at end of Reset Period Currency Denomination: ¨ o 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): ¨ o Yes o No o Currency Swap Agreement: ¨ Yes ¨ No ¨ o 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 2005-6 8 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXXSXXXXX MXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS MXXXXXX LYNCH, PIERCE, FXXXXX & SXXXX INCORPORATED By: Name: Title: DEUTSCHE BANK SECURITIES INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of ___(this “Agreement”) by and among SLM Student Loan Trust 2005-6 8 (the “Trust”), Xxxxxx XxxSxxxxx Mae, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Xxxxxxx Deutsche Bank Securities Inc. and Mxxxxxx Lynch, Pierce, Xxxxxx Fxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated Sxxxx Incorporated, (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-4 Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the ___(the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27September 20, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of ___(the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-4 Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-8)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Credit Suisse Securities (USA) LLC Eleven Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 00000-0000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase The Bank USAof New York Mellon Trust Company, National AssociationAssociation (formerly known as The Bank of New York Trust Company, N.A.) Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa Standard & Poor’s Ratings Services: AAA Fitch Ratings: AAA Weighted average life of the Notes under several assumed prepayment scenariosat 100% CLR: [ ] years (based on assumptions in the preliminary Remarketing Prospectus) Remarketing Terms Determination Date: Hold July 15, 2008 Notice Date: July 17, 2008 Spread Determination Date: July 22, 2008 Reset Date: July 25, 2008 Reset Period and next succeeding Reset Date: N/A 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 Distribution Date ¨ Fixed Rate Mode: N/A Fixed Rate Pricing Benchmark: N/A 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 N/A Swap Agreement(s): ¨ Yes ¨ No ¨ 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): Three-Month LIBOR plus [ ]% Day Count Basis: Actual/360 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: To be furnished by [ ] Other: The Notes will be remarketed using a preliminary and final Remarketing Prospectus furnished by the Administrator. The foregoing terms are hereby confirmed and agreed to as of this day of . SLM STUDENT LOAN TRUST 2005-6 By: CHASE BANK USAThe Bank of New York Mellon Trust Company, NATIONAL ASSOCIATIONNational Association, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. CREDIT SUISSE SECURITIES (USA) LLC By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of July 22, 2008 (this “Agreement”) by and among SLM Student Loan Trust 2005-6 (the “Trust”), Xxxxxx XxxMae, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Credit Suisse Securities (USA) LLC and Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the July 25, 2008 (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing AgreementAgreements, dated as of July 27, 2005 and July 14, 2008 (the “Remarketing AgreementAgreements”) and the Remarketing Agency Agreement dated as of July 15, 2008 (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation option of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing AgreementAgreements. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-6)
Certain Terms of the Notes. Trust: SLM SLC Student Loan Trust 2005-6 20__-__ Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 ____________________________ ____________________________ Title of Notes: Class A-5B Reset A-[__]Reset Rate Notes Title of Indenture: Indenture, dated as of July 1___________, 200520__, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee, the Indenture Trustee and the Indenture TrusteeAdministrator. Eligible Lender Trustee: Chase Bank USA, National Association, _______________________________ Indenture Trustee: Deutsche Bank Trust Company Americas _______________________________ Indenture Administrator: _______________________________ Current Ratings: Xxxxx’x Xxxxx'x Investors Service, Inc.: Standard & Poor’s '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): ¨ [ ] Yes [ ] No [ ] 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 SLC STUDENT LOAN TRUST 2005-6 20__-__ By: CHASE BANK USA, NATIONAL ASSOCIATION, :____________________________________ not in its individual capacity but solely as Eligible Lender Owner Trustee By: :____________________________________ Name: Title: XXXXXX XXX, INC.THE STUDENT LOAN CORPORATION, as Administrator By: :____________________________________ Authorized Signatory XXXXXX BROTHERS INC. ____________________________________ By: :____________________________________ Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED ____________________________________ By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: :____________________________________ Name: Title: APPENDIX C B SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of _______ (this “"Agreement”") by and among SLM SLC Student Loan Trust 2005-6 20__-__ (the “"Trust”"), Xxxxxx Xxx, Inc. The Student Loan Corporation (the “"Administrator”") and Xxxxxx Brothers Inc.________________ and ________________, Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “"Remarketing Agent” " and, collectively, the “"Remarketing Agents”"). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-[__] Reset Rate Notes (the “"Notes”") described below that have been validly tendered by the holders thereof for sale on the _____________ (the “"Reset Date”") at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27___________, 2005 20__ (the “"Remarketing Agreement”") and the Remarketing Agency Agreement dated as of ____________ (the “"Remarketing Agency Agreement”"), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-[__] Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLC Student Loan Receivables I Inc)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005200[ ]-6 [ ] Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B Reset A-[__]Reset Rate Notes Title of Indenture: Indenture, dated as of July 1[ ], 200520[ ], as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas 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 2005200[ ]-6 [ ] By: CHASE BANK USA, NATIONAL ASSOCIATION[ ], not in its individual capacity but solely as Eligible Lender Trustee By: ___________________________ Name: Title: XXXXXX XXX, INC., as Administrator By: ___________________________ Authorized Signatory XXXXXX BROTHERS INC. [ ] By: ___________________________ Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED [ ] By: ___________________________ Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: ___________________________ Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of _______ (this “Agreement”) by and among SLM Student Loan Trust 2005200[ ]-6 [ ] (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc.[ ] and [ ], Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-[__] Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the _____________ (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27[ ], 2005 20[ ] (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of ____________ (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-[__] Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 5 Remarketing Agents and Addresses: Xxxxxx Brothers Citigroup Global Markets Inc. 000 Xxxxxxxxx Xxxxxx, 0xx Xxxxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx LynchXxxxxxx, Pierce, Xxxxxx Xxxxx & Xxxxx Incorporated 000 Co. 00 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B A-5 Reset Rate Notes Title of Indenture: Indenture, dated as of July June 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: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas 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 2005-6 5 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS CITIGROUP GLOBAL MARKETS INC. By: Name: Title: XXXXXXX LYNCHAuthorized Signatory XXXXXXX, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX SACHS & CO. INCORPORATED By: Name: Title: (Xxxxxxx, Xxxxx & Co.) APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 5 (the “Trust”), Xxxxxx XxxMae, Inc. (the “Administrator”) and Xxxxxx Brothers Inc.Citigroup Global Markets Inc. and Xxxxxxx, Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-5 Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27June 29, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-5 Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-5)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Credit Suisse Securities (USA) LLC Eleven Xxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 00000-0000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase The Bank USAof New York Mellon Trust Company, National AssociationAssociation (formerly known as The Bank of New York Trust Company, N.A.) Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Investors Service, Inc.: Aaa Standard & Poor’s Ratings Services: AAA Fitch Ratings: AAA Weighted average life of the Notes under several assumed prepayment scenariosat 100% CLR: 5.86 years (based on assumptions in the preliminary Remarketing Prospectus) Remarketing Terms Determination Date: Hold July 15, 2008 Notice Date: July 17, 2008 Spread Determination Date: July 22, 2008 Reset Date: July 25, 2008 Reset Period and next succeeding Reset Date: N/A 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 Distribution Date ¨ Fixed Rate Mode: N/A Fixed Rate Pricing Benchmark: N/A Whether principal amortizes periodically or is paid at end of Reset Period Currency Denomination: N/A ¨ Foreign Exchange Mode: N/A Minimum Denominations and additional increments: N/A Interest Distribution Dates: 25th day of each January, April, July and October (subject to next business day convention), beginning October 27, 2008 Principal Distribution Date(s): 25th day of each January, April, July and October (subject to next business day convention), beginning October 27, 2008 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 N/A Swap Agreement(s): ¨ Yes x No ¨ Currency Swap Agreement: ¨ Yes ¨ No ¨ Interest Rate Swap Agreement: Eligible Swap Counterparties from which Bids will be Solicited: N/A All Hold Rate (Spread for floating or fixed rate, as applicable): Three-Month LIBOR plus 0.75% Day Count Basis: Actual/360 Remarketing Fee (expressed as a percentage of the outstanding principal amount of the Notes, payable except in the case of a Failed Remarketing): 0.25% Wire Instructions: To be furnished by Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated. Other: The Notes will be remarketed using a preliminary and final Remarketing Prospectus furnished by the Administrator. The foregoing terms are hereby confirmed and agreed to as of this 15th day of July, 2008. SLM STUDENT LOAN TRUST 2005-6 By: CHASE BANK USAThe Bank of New York Mellon Trust Company, NATIONAL ASSOCIATIONNational Association, not in its individual capacity but solely as Eligible Lender Trustee By: /s/ Xxxxx X. Xxxx Name: Xxxxx X. Xxxx Title: Assistant Vice President XXXXXX XXX, INC., as Administrator By: /s/ Xxxx. X. Xxxx Name: Xxxx X. Xxxx Title: Authorized Signatory XXXXXX BROTHERS INC. CREDIT SUISSE SECURITIES (USA) LLC By: /s/ Xxxx Xxxxxxxxx Name: Xxxx Xxxxxxxxx Title: Director XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: /s/ Xxxxx Xxxxxxx Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.Xxxxxxx
Appears in 1 contract
Samples: Remarketing Agency Agreement (SLM Student Loan Trust 2005-6)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 [·] Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 [·] Facsimile: [·] Attention: [·] [·] Facsimile: [·] Attention: [·] [·] Facsimile: [·] Attention: [·] Title of Notes: Class A-5B [·] Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase Manhattan Bank USA, National Association, Association Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Mxxxx’x Investors Service, Inc.: Standard & Poor’s Ratings Services: Fitch Ratings: Weighted Expected weighted average life of the Notes under several assumed prepayment scenariosNotes: 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 DatesDate: 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): ¨ Yes ¨ No ¨ 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 Day-count Basis: Distribution Dates: 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 2005-6 [·] By: CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXXSXXXXX MXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. [·] By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED Authorized Signatory [·] By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED Authorized Signatory [·] By: Name: Title: Authorized Signatory APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and , , among SLM Student Loan Trust 2005-6 [·] (the “Trust”), Xxxxxx XxxSxxxxx Mae, Inc. (the “Administrator”) and Xxxxxx Brothers Inc.[·], Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated [·] and [·] (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will hereby agree to attempt, on a reasonable efforts basis, to remarket the Class A-5B Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) Date specified below at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof of this Agreement and of the Remarketing Agreement, dated as of July 27, 2005 [·] (the “Remarketing Agreement”) ), and the Remarketing Agency Agreement dated as of , (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereofof this Agreement. There is no assurance that Capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketingAgreement. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Certain Terms of the Notes. Trust: SLM Xxxxx Fargo Student Loan Trust 2005__-6 __ Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 [REMARKETING AGENT 1] [REMARKETING AGENT 2] Title of Notes: Class A-5B ___ Reset Rate Notes Title of Indenture: Indenture, dated as of July 1__________, 200520__, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: Chase Bank USA, National Association, [ELIGIBLE LENDER TRUSTEE] Indenture Trustee: Deutsche Bank Trust Company Americas [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 XXXXX FARGO STUDENT LOAN TRUST 2005__-6 __ By: CHASE BANK USA, NATIONAL ASSOCIATION[OWNER TRUSTEE], not in its individual capacity but solely as Eligible Lender Owner Trustee By: :________________________________________ Name: Title: XXXXXX XXXXXXXX FARGO BANK, INC.N.A., as Administrator By: ________________________________________ Authorized Signatory XXXXXX BROTHERS INC. [REMARKETING AGENT 1] By: ________________________________________ Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED [REMARKETING AGENT 2] By: ________________________________________ Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: ________________________________________ Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of __________, 20__ (this “Agreement”) by and among SLM Xxxxx Fargo Student Loan Trust 2005__-6 __ (the “Trust”), Xxxxxx XxxXxxxx Fargo Bank, Inc. N.A. (the “Administrator”) and Xxxxxx Brothers Inc.[REMARKETING AGENT 1] and [REMARKETING AGENT 2], Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B ___ Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the __________, 20__ (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27__________, 2005 20__ (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of __________, 20__ (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B ___ Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (Wells Fargo Student Loans Receivables I LLC)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 200__-__ Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 ____________________________ ____________________________ Title of Notes: Class A-5B Reset A-[__]Reset Rate Notes Title of Indenture: Indenture, dated as of July 1___________, 2005200__, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: Chase Bank USA, National Association, _______________________________ Indenture Trustee: Deutsche Bank Trust Company Americas _______________________________ 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 2005-6 200_-_ By: CHASE BANK USA, NATIONAL ASSOCIATION, __________________________________ __________________________________ not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. _______________________________________ By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED _______________________________________ By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of _______ (this “Agreement”) by and among SLM Student Loan Trust 2005-6 200__-__ (the “Trust”), Xxxxxx XxxMae, Inc. (the “Administrator”) and Xxxxxx Brothers Inc.________________ and ________________, Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-[__] Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the _____________ (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27___________, 2005 200__ (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of ____________ (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-[__] Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Certain Terms of the Notes. Trust: SLM Student Loan Trust 2005-6 9 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 Credit Suisse First Boston LLC 10 Xxxxxxx Xxxxxx, 0xx Xxxxxx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx LynchDeutsche Bank Securities Inc. 60 Xxxx Xxxxxx, Pierce, Xxxxxx & 00xx Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B Reset A-[___]Reset Rate Notes Title of Indenture: Indenture, dated as of July 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: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas Current Ratings: Xxxxx’x Mxxxx’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 oFloating Rate Mode: Index: Interval between Interest Rate Change Dates: Interest Rate Determination Date(s): ¨ o Fixed Rate Mode: Fixed Rate Pricing Benchmark: Whether principal amortizes periodically or is paid at end of Reset Period Currency Denomination: ¨ o 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): ¨ o Yes o No o Currency Swap Agreement: ¨ Yes ¨ No ¨ o 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 2005-6 9 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXXSXXXXX MXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS CREDIT SUISSE FIRST BOSTON LLC By: Name: Title: DEUTSCHE BANK SECURITIES INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 2005-6 9 (the “Trust”), Xxxxxx XxxSxxxxx Mae, Inc. (the “Administrator”) and Xxxxxx Brothers Credit Suisse First Boston LLC and Deutsche Bank Securities Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-[___] Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27November 4, 2005 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-[___] Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2005-9)
Certain Terms of the Notes. Trust: SLM Student Loan Trust 20052006-6 5 Remarketing Agents and Addresses: Xxxxxx Brothers Inc. 000 0xx Xxxxxx Xxxxxx, 0xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Xxxxxxx LynchDeutsche Bank Securities Inc. 00 Xxxx Xxxxxx, Pierce, Xxxxxx & 00xx Xxxxx Incorporated 000 Xxxxx Xxxxxx New York, New York 10080 Xxxxxx Xxxxxxx & Co. Incorporated 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Title of Notes: Class A-5B A-[ ]Reset Rate Notes Title of Indenture: Indenture, dated as of July June 1, 20052006, as amended or supplemented from time to time by and among the Trust, the Eligible Lender Trustee and the Indenture Trustee. Eligible Lender Trustee: Chase Bank USA, National Association, Indenture Trustee: Deutsche Bank Trust Company Americas 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 20052006-6 5 By: CHASE BANK USA, NATIONAL ASSOCIATION, not in its individual capacity but solely as Eligible Lender Trustee By: Name: Title: XXXXXX XXX, INC., as Administrator By: Authorized Signatory XXXXXX BROTHERS INC. By: Name: Title: XXXXXXX LYNCH, PIERCE, XXXXXX & XXXXX INCORPORATED DEUTSCHE BANK SECURITIES INC. By: Name: Title: XXXXXX XXXXXXX & CO. INCORPORATED By: Name: Title: APPENDIX C SUPPLEMENTAL REMARKETING AGENCY AGREEMENT [to be executed on the applicable Spread Determination Date] SUPPLEMENTAL REMARKETING AGENCY AGREEMENT, dated as of (this “Agreement”) by and among SLM Student Loan Trust 20052006-6 5 (the “Trust”), Xxxxxx Xxx, Inc. (the “Administrator”) and Xxxxxx Brothers Inc. and Deutsche Bank Securities Inc., Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Xxxxxx Xxxxxxx & Co. Incorporated (each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”). The Remarketing Agents will attempt, on a reasonable efforts basis, to remarket the Class A-5B A-[ ] Reset Rate Notes (the “Notes”) described below that have been validly tendered by the holders thereof for sale on the (the “Reset Date”) at a price equal to 100% of the aggregate principal amount so tendered in accordance with the terms hereof and of the Remarketing Agreement, dated as of July 27June 21, 2005 2006 (the “Remarketing Agreement”) and the Remarketing Agency Agreement dated as of (the “Remarketing Agency Agreement”), each among the Trust, the Administrator and the Remarketing Agents, the terms of which are hereby incorporated by reference and made a part hereof. There is no assurance that the Remarketing Agents will be able to remarket the entire principal amount of Notes tendered in a remarketing. The Remarketing Agents shall also have the option, but not the obligation, to purchase any tendered Notes at such price. The obligation of the Remarketing Agents to purchase tendered Notes from the tendering Class A-5B A-[ ] Noteholders will be subject, without limitation, to the conditions set forth in Section 8 of the Remarketing Agreement. All capitalized terms not otherwise defined in this Agreement have the respective meanings assigned thereto in Appendix A to the Remarketing Agreement.
Appears in 1 contract
Samples: Remarketing Agreement (SLM Student Loan Trust 2006-5)
