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 [SPE Seller], by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):
Appears in 5 contracts
Samples: Additional Purchase Agreement (Navient Funding, LLC), Additional Purchase Agreement (SLM Education Credit Funding LLC), Additional Purchase Agreement (SLM Funding LLC)
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 [SPE the Seller], 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
CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to these Master Sale Terms is subject to the following conditions precedent being satisfied (and [SPE the Seller], 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