Common use of CONTINUING OBLIGATION OF THE SELLER Clause in Contracts

CONTINUING OBLIGATION OF THE SELLER. SLC shall provide all reasonable assistance necessary for SLC Receivables 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 SLC owned the related Loan, or (b) a payment made or alleged to have been made to SLC. Further, SLC agrees to execute any financing statements at the request of SLC Receivables in order to reflect SLC Receivables’s interest in the Loans.

Appears in 10 contracts

Samples: Master Terms Purchase Agreement, Master Terms Purchase Agreement (SLC Student Loan Trust 2010-1), Master Terms Purchase Agreement (SLC Student Loan Receivables I Inc)

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CONTINUING OBLIGATION OF THE SELLER. SLC shall provide all reasonable assistance necessary for SLC Receivables 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 SLC owned the related Purchased Loan, or (b) a payment made or alleged to have been made to SLC. Further, SLC agrees to execute any financing statements at the request of SLC Receivables in order to reflect SLC Receivables’s 's interest in the Loans.

Appears in 6 contracts

Samples: Purchase Agreement (SLC Student Loan Trust 2005-2), Master Terms Purchase Agreement (SLC Student Loan Receivables I Inc), Purchase Agreement (SLC Student Loan Trust 2006-1)

CONTINUING OBLIGATION OF THE SELLER. SLC shall provide all reasonable assistance necessary for SLC Receivables 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 SLC owned the related Loan, or (b) a payment made or alleged to have been made to SLC. Further, SLC agrees to execute any financing statements at the request of SLC Receivables in order to reflect SLC Receivables’s interest in the Loans.

Appears in 1 contract

Samples: Master Terms Purchase Agreement (SLC Private Student Loan Trust 2006-A)

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CONTINUING OBLIGATION OF THE SELLER. SLC shall provide all reasonable assistance necessary for SLC Receivables 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 SLC owned the related Purchased Loan, or (b) a payment made or alleged to have been made to SLC. Further, SLC agrees to execute any financing statements at the request of SLC Receivables in order to reflect SLC Receivables’s ' s interest in the Loans.

Appears in 1 contract

Samples: Purchase Agreement (SLC Student Loan Trust 2006-2)

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