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 SLM ECFC, Bluemont Funding, Town Center Funding, Town Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 13 contracts

Samples: Sale Agreement (SLM Student Loan Trust 2013-3), Sale Agreement (SLM Student Loan Trust 2013-2), Sale Agreement (SLM Student Loan Trust 2013-1)

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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 SLM ECFC, Bluemont Funding, Town Center Funding, Town Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 3 contracts

Samples: Sale Agreement (SLM Student Loan Trust 2013-6), Sale Agreement (SLM Student Loan Trust 2013-5), Sale Agreement (SLM Student Loan Trust 2013-4)

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 SLM ECFC, Bluemont Funding, Town Center Funding, Funding and Town Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 3 contracts

Samples: Sale Agreement (SLM Student Loan Trust 2009-1), Sale Agreement (SLM Student Loan Trust 2008-9), Sale Agreement (SLM Student Loan Trust 2008-7)

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 SLM ECFC, [Bluemont Funding, Town Center Funding, Town Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 2 contracts

Samples: Sale Agreement (SLM Funding LLC), Sale Agreement (SLM Education Credit Funding LLC)

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 SLM ECFC, Bluemont Blue Ridge Funding, Town Center Funding, Town Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 2 contracts

Samples: Sale Agreement (SLM Student Loan Trust 2014-2), Sale Agreement (SLM Student Loan Trust 2014-1)

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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 SLM ECFC, Bluemont FundingXxxxxxx, Town Center FundingXxxx Xxxxxx Xxxxxxx, Town Xxxx Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2012-1)

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 SLM ECFCXXX XXXX, Bluemont FundingXxxxxxxx Xxxxxxx, Town Xxxx Center Funding, Town Hall 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): (A) Activities Prior to a Sale or Substitution Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2012-2)

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 SLM ECFC, Bluemont Funding, Town Center Funding, Funding and Town Hall 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): (A) Activities Prior to a Sale or Substitution Sale Agreement Following the execution of a Sale Agreement, the Seller shall provide any assistance requested by the Purchaser in determining that all required documentation on the related Loans is present and correct.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2008-8)

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