Common use of Conditions Precedent to Repurchase Obligation Clause in Contracts

Conditions Precedent to Repurchase Obligation. At the request of either the Trust or the Trust Eligible Lender Trustee, the Depositor shall repurchase, or, shall cause the Depositor Eligible Lender Trustee, as applicable, to repurchase, pursuant to the terms set forth in Section 5.05, each Financed Student Loan with respect to which:

Appears in 7 contracts

Samples: Depositor Transfer and Sale Agreement (Education Capital I LLC), Depositor Transfer and Sale Agreement (Education Capital I LLC), Depositor Transfer and Sale Agreement (Education Capital I LLC)

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Conditions Precedent to Repurchase Obligation. At the request of either the Trust Depositor or the Trust Depositor Eligible Lender Trustee, the Depositor Seller shall repurchase, or, shall cause the Depositor Seller Eligible Lender Trustee, as applicable, to repurchase, pursuant to the terms set forth in Section 5.05, each Financed Student Loan with respect to which:

Appears in 5 contracts

Samples: Seller Transfer and Sale Agreement (Education Capital I LLC), Seller Transfer and Sale Agreement (Education Capital I LLC), Seller Transfer and Sale Agreement (Education Capital I LLC)

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