Conveyance of Initial Financed Student Loans. (a) In consideration of the Issuer's delivery to or upon the order of the Transferor on the Closing Date of [$____________], the Transferor agrees to, and the Transferor does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, contribute, transfer, sell, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein):
Appears in 2 contracts
Samples: Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va)
Conveyance of Initial Financed Student Loans. (a) In consideration of the Issuer's delivery to or upon the order of the Transferor on the Closing Date of [$____________]1,026,910,000, the Transferor agrees to, and the Transferor does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, contribute, transfer, sell, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein):
Appears in 1 contract
Samples: Transfer and Servicing Agreement (PNC Student Loan Trust I)
Conveyance of Initial Financed Student Loans. (a) In consideration of the Issuer's delivery to or upon the order of the Transferor on the Closing Date of [$____________]222,231,660, the Transferor agrees to, and the Transferor does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, contribute, transfer, sell, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein):
Appears in 1 contract
Samples: Transfer and Servicing Agreement (Crestar Bank /Va)
Conveyance of Initial Financed Student Loans. (a) In consideration of the Issuer's delivery to or upon the order of the Transferor on the Closing Date of [$____________], the Transferor agrees to, and the Transferor does hereby, as evidenced by a duly executed written assignment in the form of Exhibit D, contribute, transfer, sell, assign, set over and otherwise convey to the Eligible Lender Trustee on behalf of the Issuer, without recourse (subject to the obligations herein):
Appears in 1 contract
Samples: Transfer and Servicing Agreement (PNC Bank National Association/)