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):
Appears in 3 contracts
Samples: Initial Sale Agreement (SLM Student Loan Trust 2013-6), Initial Sale Agreement (SLM Student Loan Trust 2013-5), Initial 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, 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):
Appears in 2 contracts
Samples: Initial Sale Agreement (SLM Funding LLC), Initial Sale Agreement (SLM Education Credit Funding LLC)
