Common use of CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION Clause in Contracts

CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to these Master Terms is subject to the following conditions precedent being satisfied (and SLM ECFC, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 69 contracts

Samples: Additional Purchase Agreement (SLM Education Credit Funding LLC), Additional Purchase Agreement (SLM Funding LLC), Additional Purchase Agreement (SLM Student Loan Trust 2012-7)

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CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to these Master Terms is subject to the following conditions precedent being satisfied (and SLM ECFCNational Funding, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 6 contracts

Samples: Additional Purchase Agreement (Navient Student Loan Trust 2014-1), Additional Purchase Agreement (SLM Student Loan Trust 2014-2), Additional Purchase Agreement (SLM Student Loan Trust 2014-1)

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CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to these Master Terms is subject to the following conditions precedent being satisfied (and SLM ECFCSLMA, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 1 contract

Samples: Purchase Agreement (SLM Funding LLC)

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