Common use of Conveyance of Additional Student Loans Clause in Contracts

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Seller of $__________ (for the Delayed Delivery Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j) of the Administration Agreement, for other Additional Student Loans during the Revolving Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Collateral Reinvestment Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) of the Administration Agreement and after the Revolving Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated by the Seller subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), except with respect to the exchange of Student Loans, the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), the Seller (and, with respect to legal title to the Additional Student Loans, NBD as trustee on behalf of the Seller) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer:

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Seller of $__________ _, (for the Delayed Delivery Prefunded Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Prefunded Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Prefunding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j2(k) of the Administration Agreement, for other Additional Student Loans during the Revolving Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Collateral Reinvestment Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) of the Administration Agreement and after the Revolving Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated by the Seller subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), except with respect to the exchange of Student Loans, the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), the Seller (and, with respect to legal title to the Additional Student Loans, NBD Bank One as trustee on behalf of the Seller) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer:

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Seller of $__________ (for the Delayed Delivery Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j) of the Administration Agreement_, for other Additional Student Loans during the Revolving Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Prefunding Account or the Collateral Reinvestment Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) and Section 2(k) of the Administration Agreement and after the Revolving Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated by the Seller subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), ) except with respect to the exchange of Student Loans, the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), the Seller (and, with respect to legal title to the Additional Student Loans, NBD Bank One as trustee on behalf of the Seller) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer:

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Seller of $___________ (for the Delayed Delivery Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j) of the Administration Agreement, for other Additional Student Loans during the Revolving Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Collateral Reinvestment Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) of the Administration Agreement and after the Revolving Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated by the Seller subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), except with respect to the exchange of Student Loans, ) the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), the Seller (and, with respect to legal title to the Additional Student Loans, NBD as trustee on behalf of the Seller) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer:

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Depositor and the Depositor's delivery to or upon the order of the Seller of $__________ (for the Delayed Delivery Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j) of the Administration Agreement_, for other Additional Student Loans during the Revolving Funding Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Collateral Reinvestment Prefunding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) of the Administration Agreement and after the Revolving Funding Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination principal balance of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated such loan owed by the related borrower plus accrued borrower interest thereon, the Seller subject to Section 2.02(c) of does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), except with respect to the exchange of Student Loans, the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), to the Seller Eligible Lender Trustee on behalf of the Depositor and immediately thereafter, the Depositor (and, and with respect to legal title to of the Additional Student Loans, NBD Bank One as trustee Eligible Lender Trustee on behalf of the SellerDepositor) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer:

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Seller of $[__________ (for the Delayed Delivery Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j) of the Administration Agreement_], for other Additional Student Loans during the Revolving Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Prefunding Account or the Collateral Reinvestment Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) and Section 2(k) of the Administration Agreement and after the Revolving Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated by the Seller subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), ) except with respect to the exchange of Student Loans, the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), the Seller (and, with respect to legal title to the Additional Student Loans, NBD [_______________] as trustee on behalf of the Seller) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer:

Conveyance of Additional Student Loans. In consideration of Issuer's delivery to or upon the order of the Seller of $___________ (for the Delayed Delivery Loans, such amount being the Loan Purchase Amounts of the Delayed Delivery Loans and such amount to be paid from amounts on deposit in the Delayed Delivery Loan Funding Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(j) of the Administration Agreement, for other Additional Student Loans during the Revolving Period, such amount being the Loan Purchase Amounts of the Additional Student Loans and such amount to be paid from amounts on deposit in the Collateral Reinvestment Account subject to the provisions of Section 2.02(b) of the Loan Sale Agreement and Section 2(f) of the Administration Agreement and after the Revolving Period such amount being the sum of (i) the Purchase Collateral Balance ($[ ]) to be paid from any combination of amounts on deposit in the Collection Account and of Exchange Student Loans as shall be designated by the Seller subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(d) of the Administration Agreement) and (ii), except with respect to the exchange of Student Loans, the Purchase Premium Amount ($[ ]) to be paid on the immediately subsequent Quarterly Payment Date from amounts on deposit in the Reserve Fund in excess of the Specified Reserve Account Balance subject to Section 2.02(c) of the Loan Sale Agreement and Section 2(e) of the Administration Agreement), the Seller (and, with respect to legal title to the Additional Student Loans, NBD as trustee on behalf of the Seller) does hereby sell, assign and otherwise convey, without recourse (except as expressly provided in the Loan Sale Agreement), to the Eligible Lender Trustee on behalf of the Issuer: