Compliance Report. The Subservicer agrees that it shall permit, not more than once per year, the Servicer, the Issuer, the Indenture Trustee or the Indenture Administrator, as the Indenture Trustee’s designee, to conduct or have conducted a procedural audit regarding the Subservicer’s compliance with the requirements of the Higher Education Act or the terms of this Agreement. Such audits shall be at the expense of the Servicer.
Appears in 9 contracts
Samples: Subservicing Agreement (SLC Student Loan Trust 2010-1), Subservicing Agreement (SLC Student Loan Receivables I Inc), Subservicing Agreement (SLC Student Loan Trust 2007-2)
Compliance Report. The Subservicer agrees that it shall permit, not more than once per year, the Servicer, the Issuer, the Indenture Trustee or the Indenture Administrator, as the Indenture Trustee’s 's designee, to conduct or have conducted a procedural audit regarding the Subservicer’s 's compliance with the requirements of the Higher Education Act or the terms of this Agreement. Such audits shall be at the expense of the Servicer.
Appears in 8 contracts
Samples: Form of Subservicing Agreement (SLC Student Loan Receivables I Inc), Form of Subservicing Agreement (SLC Student Loan Receivables I Inc), Subservicing Agreement (SLC Student Loan Trust 2005-2)
Compliance Report. The Subservicer agrees that it shall permit, not more than once per year, the Servicer, the Issuer, the Indenture Trustee or the Indenture Administrator, as the Indenture Trustee’s designee, its designee to conduct or have conducted a procedural audit regarding the Subservicer’s 's compliance with the requirements of the Higher Education Act or the terms of this Agreement. Such audits shall be at the expense of the Servicer.
Appears in 1 contract
Samples: Subservicing Agreement (SLC Student Loan Asset Backed Notes Series 2002-1)
Compliance Report. The Subservicer Sub-Servicer agrees that it shall permit, not more than once per year, the Servicer, the Issuer, the Indenture Trustee or the Indenture Administrator, as the Indenture Trustee’s designee, its designee to conduct or have conducted a procedural audit regarding the Subservicer’s Sub-Servicer's compliance with the requirements of the Higher Education Act or the terms of this Agreement. Such audits shall be at the expense of the Servicer.Servicer.(1)
Appears in 1 contract
Samples: Sub Servicing Agreement (SLC Student Loan Receivables I Inc)
Compliance Report. The Subservicer agrees that it shall permit, not more than once per year, the Servicer, the Issuer, the Indenture Trustee or the Indenture Administrator, as the Indenture Trustee’s designee, to conduct or have conducted a procedural audit regarding the Subservicer’s compliance with the requirements of the Higher Education Act or the terms of this Agreement. Such audits shall be at the expense of the Servicer.
Appears in 1 contract
Samples: Subservicing Agreement (SLC Private Student Loan Trust 2006-A)
