Common use of Disposition of Files on Termination Clause in Contracts

Disposition of Files on Termination. Upon termination of this Master Servicing Agreement, all files (physical and electronic) held by the Servicer with respect to Financed Student Loans shall be promptly transferred to the Issuer or its designee in such form as the Issuer reasonably requests. The Issuer shall be responsible for payment of reasonable expenses related to the transfer of the records unless the Issuer is removing the Financed Student Loans because of a breach by the Servicer. In such instance, the Servicer shall bear the cost of deconverting and the transfer of loan documentation. Exhibit A addresses expenses and fees and to the extent there is conflict between this section and the Exhibit, the Exhibit shall be the prevailing document.

Disposition of Files on Termination. Upon termination of this Master Servicing Agreement, all files (physical and electronic) held by the Servicer with respect to Financed Student Loans shall be promptly transferred to the Issuer or its designee in such form as the Issuer reasonably requests. The Issuer shall be responsible for payment of reasonable expenses related to the transfer of the records unless the Issuer is removing the Financed Student Loans because of a breach by the Servicer. In such instance, the Servicer shall bear the cost of deconverting and transferring the transfer of loan Financed Student Loan documentation. Exhibit A addresses expenses and fees and to the extent there is conflict between this section Section 14 and the ExhibitExhibit A, the terms of Exhibit A shall be the prevailing documentapplied.

Disposition of Files on Termination. Upon termination of this Master Servicing Administration Agreement, all files (physical and electronic) held by the Servicer Servicing Administrator with respect to Financed Student Loans shall be promptly transferred to the Issuer or its designee in such form as the Issuer reasonably requests. The Issuer shall be responsible for payment of reasonable expenses related to the transfer of the records unless the Issuer is removing the Financed Student Loans because of a breach by the ServicerServicing Administrator. In such instance, the Servicer Servicing Administrator shall bear the cost of deconverting and the transfer of loan documentation. Exhibit A attached hereto addresses expenses and fees and to the extent there is conflict between this section and the ExhibitExhibit A, the Exhibit A shall be the prevailing document.