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Common use of Certification of Release Clause in Contracts

Certification of Release. The Seller named below hereby certifies to the Department of Education that, as of the Date and Time of Sale of the above mentioned Loans to the Department of Education, the security interests in the Loans released by the above named corporation comprise all security interests relating to or affecting any and all such Loans. The Seller warrants that, as of such time, there are and will be no other security interests affecting any or all of such Loans.

Appears in 3 contracts

Samples: Master Loan Sale Agreement, Master Loan Sale Agreement, Master Loan Sale Agreement

Certification of Release. The Seller named below hereby certifies to the Department of Education that, as of the Date and Time of Sale of the above mentioned Loans to the Department of Educationdate stated below, the security interests in the Loans to be released by the above named corporation Secured Lender in the Loans in the Schedule referred to above comprise all security interests relating to or affecting any and all such Loans. The Seller warrants that, as of such timethe date stated below, there are and will be no other security interests affecting any or all of such Loans, and none will be created.

Appears in 1 contract

Samples: Master Loan Sale Agreement