Common use of CONTINUING OBLIGATION OF THE SELLER Clause in Contracts

CONTINUING OBLIGATION OF THE SELLER. Town Center Funding shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period Town Center Funding or the Town Center Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to Town Center Funding. Further, Town Center Funding and the Town Center Funding Eligible Lender Trustee shall agree that either Town Center Funding or the Town Center Funding Eligible Purchase Agreement – Master (TOWN CENTER FUNDING) Lender Trustee shall reasonably cooperate in the preparation and filing of any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.

Appears in 3 contracts

Samples: Purchase Agreement (SLM Student Loan Trust 2008-6), Purchase Agreement (SLM Student Loan Trust 2008-4), Purchase Agreement (SLM Student Loan Trust 2008-5)

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CONTINUING OBLIGATION OF THE SELLER. Town Center Funding shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period Town Center Funding or the Town Center Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to Town Center Funding. Further, Town Center Funding and the Town Center Funding Eligible Lender Trustee shall agree that either Town Center Funding or the Town Center Funding Eligible Purchase Agreement – Master (TOWN CENTER FUNDING) Lender Trustee shall reasonably cooperate in the preparation and filing of any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.. Town Center Funding Purchase Agreement 21

Appears in 2 contracts

Samples: Purchase Agreement (SLM Student Loan Trust 2012-1), Purchase Agreement (SLM Student Loan Trust 2011-3)

CONTINUING OBLIGATION OF THE SELLER. Town Center Funding shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period Town Center Funding or the Town Center Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to Town Center Funding. Further, Town Center Funding and the Town Center Funding Eligible Lender Trustee shall agree that either Town Center Funding or the Town Center Funding Eligible Purchase Agreement – Master (TOWN CENTER FUNDING) 21 Lender Trustee shall reasonably cooperate in the preparation and filing of any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-7)

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CONTINUING OBLIGATION OF THE SELLER. Town Center Funding shall provide all reasonable assistance necessary for Funding to resolve account problems raised by any Borrower, the Guarantor or the Secretary provided such account problems are attributable to or are alleged to be attributable to (a) an event occurring during the period Town Center Funding or the Town Center Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to Town Center Funding. Further, Town Center Funding and the Town Center Funding Eligible Lender Trustee shall agree that either Town Center Funding or the Town Center Funding Eligible Purchase Agreement – Master (TOWN CENTER FUNDING) Lender Trustee shall reasonably cooperate in the preparation and filing of any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.. Purchase Agreement – Master (TOWN CENTER FUNDING)

Appears in 1 contract

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

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