CONDITIONS PRECEDENT TO SALE AND PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to this Master Terms Sale Agreement is subject to the following conditions precedent being satisfied (and the Seller, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):
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Samples: Master Terms Sale Agreement (SLC Student Loan Trust 2010-1), Master Terms Sale Agreement (SLC Student Loan Receivables I Inc), Master Terms Sale Agreement (SLC Student Loan Trust 2009-1)