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 this Master Terms Purchase Agreement is subject to the following conditions precedent being satisfied (and SLC, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 10 contracts

Samples: Master Terms Purchase Agreement, Master Terms Purchase Agreement (SLC Student Loan Trust 2010-1), Master Terms Purchase Agreement (SLC Student Loan Receivables I Inc)

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CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to this Master Terms Purchase Agreement is subject to the following conditions precedent being satisfied (and SLCthe Purchaser, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase): (A) Activities Prior to the Related Purchase Date. SLC shall provide any assistance requested by SLC Receivables in determining that all required documentation on the related Loans is present and correct.

Appears in 5 contracts

Samples: Master Terms Purchase Agreement (SLC Student Loan Trust 2005-3), Master Terms Purchase Agreement (SLC Student Loan Trust 2006-2), Master Terms Purchase Agreement (SLC Student Loan Trust 2006-1)

CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to this Master Terms Purchase Agreement is subject to the following conditions precedent being satisfied (and SLCthe Purchaser, 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: Master Terms Purchase Agreement (SLC Student Loan Trust 2005-1)

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CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to this Master Terms Purchase Agreement is subject to the following conditions precedent being satisfied (and SLCthe Purchaser, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase): (A) Activities Prior to the Related Purchase Date SLC shall provide any assistance requested by SLC Receivables in determining that all required documentation on the related Loans is present and correct.

Appears in 1 contract

Samples: Master Terms Purchase Agreement (SLC Student Loan Receivables I Inc)

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