Common use of Creation of the Trust Estate Clause in Contracts

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth. (b) The Portfolio and any other properties held in trust hereunder are collectively referred to herein as the “Trust Estate.”

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s 's right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth. (b) The Portfolio and any other properties held in trust hereunder are collectively referred to herein as the “"Trust Estate.”"

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s 's right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Eligible Lender Trustee and which trust is hereby accepted by the Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth. (b) The Portfolio and any other properties held in trust hereunder are collectively referred to herein as the “"Trust Estate.”"

Creation of the Trust Estate. (a) The Grantor hereby assigns, transfers and sets over to the Interim Eligible Lender Trustee, in trust for the benefit of the Grantor, all of the Grantor’s right, title and interest in and to the Trust Student Loans that at any time may comprise the Portfolio, the receipt of which right, title, and interest is hereby acknowledged by the Interim Eligible Lender Trustee and which trust is hereby accepted by the Interim Eligible Lender Trustee, upon the following express terms and conditions and with the powers and limitations hereinafter conferred and set forth. (b) The Portfolio and any other properties held in trust hereunder are collectively referred to herein as the “Trust Estate.”