Common use of CONVEYANCE OF ADDITIONAL FINANCED STUDENT LOANS Clause in Contracts

CONVEYANCE OF ADDITIONAL FINANCED STUDENT LOANS. (a) Subject to the conditions set forth in paragraph (b) below, in consideration of the Issuer's delivery on the related Transfer Date to or upon the order of a Seller of the amount described in Section 5.8(a) to be delivered to such Seller, such Seller does hereby, sell, transfer, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein) all right, title and interest of such Seller in and to each Additional Financed Student Loan, and all moneys received thereon, and all written communications received by such Seller with respect thereto (including borrower correspondence, notices of death, disability or bankruptcy and requests for deferrals or forbearances), on and after the related Subsequent Cut-off Date, made from time to time during the Funding Period relating to the Series 1997-1 Notes.

CONVEYANCE OF ADDITIONAL FINANCED STUDENT LOANS. (a) Subject to the conditions set forth in paragraph (b) below, in consideration of the Issuer's delivery on the related Transfer Date to or upon the order of a Seller the holder of the Series 1998-1 Certificates of the amount described in Section 5.8(a) to be delivered to on such SellerTransfer Date, such Seller each of the Sellers does hereby, sellcontribute, transfer, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein) all right, title and interest of such Seller in and to each Additional Financed Student Loan, and all moneys received thereon, and all written communications received by such Seller with respect thereto (including borrower correspondence, notices of death, disability or bankruptcy and requests for deferrals or forbearances), on and after the related Subsequent Cut-off Date, made from time to time during the Funding Period relating to the Series 19971998-1 Notes.

CONVEYANCE OF ADDITIONAL FINANCED STUDENT LOANS. (a) Subject to the conditions set forth in paragraph (b) below, in consideration of the Issuer's delivery on the related Transfer Date to or upon the order of a Seller the holder of the Series 1997-2 Certificates of the amount described in Section 5.8(a) to be delivered to on such SellerTransfer Date, such Seller each of the Sellers does hereby, sellcontribute, transfer, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein) all right, title and interest of such Seller in and to each Additional Financed Student Loan, and all moneys received thereon, and all written communications received by such Seller with respect thereto (including borrower correspondence, notices of death, disability or bankruptcy and requests for deferrals or forbearances), on and after the related Subsequent Cut-off Date, made from time to time during the Funding Period relating to the Series 1997-1 2 Notes.

CONVEYANCE OF ADDITIONAL FINANCED STUDENT LOANS. (a) Subject to the conditions set forth in paragraph (b) below, in consideration of the Issuer's delivery on the related Transfer Date to or upon the order of a Seller the holder of the Series 1996-2 Certificates of the amount described in Section 5.8(a) to be delivered to on such SellerTransfer Date, such the Seller does hereby, sellcontribute, transfer, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein) all right, title and interest of such the Seller in and to each Additional Financed Student Loan, and all moneys received thereon, and all written communications received by such the Seller with respect thereto (including borrower correspondence, notices of death, disability or bankruptcy and requests for deferrals or forbearances), on and after the related Subsequent Cut-off Date, made from time to time during the Funding Period relating to the Series 19971996-1 2 Notes.

CONVEYANCE OF ADDITIONAL FINANCED STUDENT LOANS. (a) Subject to the conditions set forth in paragraph (b) below, in consideration of the Issuer's delivery on the related Transfer Date to or upon the order of a Seller the holder of the Series 199_-_ Certificates of the amount described in Section 5.8(a) to be delivered to on such SellerTransfer Date, such the Seller does hereby, sellcontribute, transfer, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein) all right, title and interest of such the Seller in and to each Additional Financed Student Loan, and all moneys received thereon, and all written communications received by such the Seller with respect thereto (including borrower correspondence, notices of death, disability or bankruptcy and requests for deferrals or forbearances), on and after the related Subsequent Cut-off Date, made from time to time during the Funding Period relating to the Series 1997-1 199_-_ Notes.