EDUCATION LOANS INCORPORATED Clause Samples
The 'EDUCATION LOANS INCORPORATED' clause typically defines the terms and conditions under which an entity, such as a lender or financial institution, provides educational loans to borrowers. This clause outlines eligibility requirements, repayment obligations, interest rates, and any specific conditions related to the use of loan funds for educational purposes. For example, it may specify that loans are only available to students enrolled in accredited programs or set forth the process for deferment during periods of study. Its core function is to establish clear guidelines and responsibilities for both the lender and borrower, thereby ensuring transparency and reducing the risk of misunderstandings regarding educational financing.
EDUCATION LOANS INCORPORATED. By: --------------------------------- Its: ----------------------------
EDUCATION LOANS INCORPORATED a corporation duly organized and existing under the laws of the State of Delaware, (2) any successor thereto under this Indenture, and (3) for purposes of any provision contained herein and required by the TIA, each other obligor on the Notes.
EDUCATION LOANS INCORPORATED. By: -------------------------- Title: ------------------- Date: -------------------- * Choose one. ** The information in the outer brackets will be used as applicable whenever the ▇▇▇▇▇'▇ rating is not equal to "Aa3" and/or the Fitch rating is not equal to "AA-."
EDUCATION LOANS INCORPORATED. President ------------------------------------ Secretary Dated: CERTIFICATE OF AUTHENTICATION This Note is one of the Notes of the series designated therein and issued under the provisions of the within-mentioned Indenture. U.S. BANK NATIONAL ASSOCIATION, as Trustee [or ____________, ____________, as Authenticating Agent By: By: -------------------------------- -------------------------------- Authorized Representative Authorized Representative]
EDUCATION LOANS INCORPORATED. By: ----------------------------------- Title: ---------------------------- Date: ---------------------------- * Choose one. ** The information in the outer brackets will be used as applicable whenever the ▇▇▇▇▇'▇ rating is not equal to "Aa3" and/or the Fitch rating is not equal to "AA-." EXHIBIT D TO AUCTION AGENT AGREEMENT NOTICE OF SERIES 2004-1 NOTES OUTSTANDING EDUCATION LOANS INCORPORATED STUDENT LOAN ASSET-BACKED NOTES SENIOR SERIES 2004-A1 [A2][A3][A4][A5] [SUBORDINATE SERIES 2004-B1] NOTICE IS HEREBY GIVEN that $ aggregate principal amount of Series --------- 2004-A1 [A2][A3][A4][A5][B1] Notes were outstanding at the close of business on the immediately preceding Regular Record Date. Such aggregate principal amount of Series 2004-A1 [A2][A3][A4][A5][B1] Notes, less $ aggregate --------- principal amount of Series 2004-A1 [A2][A3][A4][A5][B1] Notes to be redeemed by the Issuer pursuant to the First Supplemental Indenture, for a net aggregate principal amount of Series 2004-A1 [A2][A3][A4][A5][B1] Notes of $ , ------------- will be available on the next Auction scheduled to be held on . --------------- Terms used herein have the meanings set forth in the First Supplemental Indenture relating to the above-referenced issue. U.S. BANK NATIONAL ASSOCIATION, as Trustee By: ----------------------------------- Title: ----------------------------- Date: ----------------------------- EXHIBIT E TO AUCTION AGENT AGREEMENT NOTICE OF FEE RATE CHANGE EDUCATION LOANS INCORPORATED STUDENT LOAN ASSET-BACKED NOTES SENIOR SERIES 2004-A1, A2, A3, A4 and A5 SUBORDINATE SERIES 2004-B1 NOTICE IS HEREBY GIVEN that the [Auction Agent Fee Rate] [Broker-Dealer Fee Rate with respect to the Series 2004-A1 [A2][A3][A4][A5][B1] Notes] has been changed in accordance with Section [6.4(b)] [6.5(b)] of the Auction Agent Agreement. The new [Auction Agent Fee Rate] [Broker-Dealer Fee Rate with respect to the Series 2004-A1 [A2][A3][A4][A5][B1] Notes] shall be % per annum. ------ Terms used herein have the meanings set forth in the First Supplemental Indenture relating to the above-referenced issue. DEUTSCHE BANK TRUST COMPANY AMERICAS, as Auction Agent By: ------------------------------ Title: ------------------------ Date: ------------------------ APPROVED: EDUCATION LOANS INCORPORATED By: ---------------------------------- Title: --------------------------- Date: --------------------------- EXHIBIT F TO AUCTION AGENT AGREEMENT NOTICE OF A PAYMENT DEFAULT EDUCATION LOANS INCORPORATED ...
EDUCATION LOANS INCORPORATED. President -------------------------------------- Secretary Dated: CERTIFICATE OF AUTHENTICATION This Note is one of the Notes of the series designated therein and issued under the provisions of the within-mentioned Indenture. U.S. BANK NATIONAL ASSOCIATION, as Trustee [or ____________, ____________, as Authenticating Agent By: By: ---------------------------------- ---------------------------------- Authorized Representative Authorized Representative] 2-6 ---------- ASSIGNMENT FOR VALUE RECEIVED the undersigned hereby sells, assigns and transfers unto ________________________ the within Note and irrevocably appoints ____________________________, attorney-in-fact, to transfer the within Note on the books kept for registration thereof, with full power of substitution in the premises. Dated -------------------------------- PLEASE INSERT SOCIAL SECURITY -------------------------------------- OR OTHER IDENTIFYING NUMBER OF ASSIGNEE NOTICE: The signature to this assignment must correspond with the name as it appears upon the face of -------------------------------------- the within Note in every particular, without any alteration whatsoever. SIGNATURE GUARANTEED: ARTICLE THREE
EDUCATION LOANS INCORPORATED a nonprofit corporation duly organized and existing under the laws of the State, (2) upon completion of the Section 150(d)