Common use of CONTINUING OBLIGATION OF THE SELLER Clause in Contracts

CONTINUING OBLIGATION OF THE SELLER. VG 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 VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding. Further, VG Funding and the VG Funding Eligible Lender Trustee shall agree that either VG Funding or the VG Funding Eligible Lender Trustee shall execute any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.

Appears in 25 contracts

Samples: Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Student Loan Trust 2005-4), Purchase Agreement (SLM Student Loan Trust 2005-8)

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CONTINUING OBLIGATION OF THE SELLER. VG 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 VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding. Further, VG Funding and the VG Funding Eligible Lender Trustee shall agree that either VG Funding or the VG Funding Eligible Lender Trustee shall execute 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 8 contracts

Samples: Purchase Agreement, Purchase Agreement (SLM Student Loan Trust 2007-7), Purchase Agreement (SLM Student Loan Trust 2008-2)

CONTINUING OBLIGATION OF THE SELLER. VG 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 VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding. Further, VG Funding and the VG Funding Eligible Lender Trustee shall agree that either VG Funding or the VG Funding Eligible Lender Trustee shall agree to execute any financing statements at the request of Funding in order to reflect Funding’s 's interest in the Loans.

Appears in 2 contracts

Samples: Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Funding LLC)

CONTINUING OBLIGATION OF THE SELLER. VG 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 VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding. Further, VG Funding and the VG Funding Eligible Lender Trustee shall agree that either VG Funding or the VG Funding Eligible Lender Trustee shall execute any financing statements at the request of Funding in order to reflect Funding’s 's interest in the Loans.

Appears in 1 contract

Samples: Purchase Agreement (SLM Funding LLC)

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CONTINUING OBLIGATION OF THE SELLER. VG 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 VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding. Further, VG Funding and the VG Funding Eligible Lender Trustee shall agree that either VG Funding or the VG Funding Eligible Lender Trustee shall execute any financing statements at the request of Funding in order to reflect Funding’s interest in the Loans.. Purchase Agreement No. 1 (VG Funding) 20

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-5)

CONTINUING OBLIGATION OF THE SELLER. VG 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 VG Funding or the VG Funding Eligible Lender Trustee owned the related Purchased Loan, or (b) a payment made or alleged to have been made to VG Funding. Further, VG Funding and the VG Funding Eligible Lender Trustee shall agree that either VG Funding or the VG Funding Eligible Lender Trustee shall execute 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 Funding LLC)

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