Common use of DOCUMENTS DELIVERED TO TRUSTEE Clause in Contracts

DOCUMENTS DELIVERED TO TRUSTEE. To effect the Grant of the Student Loans constituting a portion of the Trust Estate, the Issuer has delivered and released to the Servicer pursuant to the Custodial Agreement, as agent for Trustee, the original Loan Documents as required by the Custodial Agreement for each Student Loan comprising the Student Loan Collateral. The Servicer shall certify its receipt to the Trustee and the Issuer of all such Loan Documents required to be delivered pursuant to the Custodial Agreement, as evidenced by the trust receipt of the Custodian in the form annexed to the Custodial Agreement.

Appears in 4 contracts

Samples: Indenture (National Collegiate Trust 1996-S2), Indenture (National Collegiate Trust 1997-S2), Indenture (National Collegiate Trust 1996-S2)

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