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

CONDITIONS PRECEDENT TO SALE AND 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 Navient CFC, Blue Ridge Funding and VL Funding, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 7 contracts

Samples: Initial Sale Agreement (Navient Student Loan Trust 2014-8), Initial Sale Agreement (Navient Student Loan Trust 2014-3), Initial Sale Agreement (Navient Student Loan Trust 2014-2)

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CONDITIONS PRECEDENT TO SALE AND 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 Navient CFC, Blue Ridge Funding, Red Wolf Funding and VL Funding, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 3 contracts

Samples: Initial Sale Agreement (Navient Student Loan Trust 2015-3), Initial Sale Agreement (Navient Student Loan Trust 2015-2), Initial Sale Agreement (Navient Student Loan Trust 2015-1)

CONDITIONS PRECEDENT TO SALE AND 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 Navient CFC, [Blue Ridge Funding and VL Funding, ,] 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: Initial Sale Agreement (Navient Funding, LLC)

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CONDITIONS PRECEDENT TO SALE AND 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 Navient CFC, Blue Ridge Funding, SLM National Funding and VL Funding, 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: Initial Sale Agreement (Navient Student Loan Trust 2014-1)

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