Eligible Servicer. Seller meets the eligibility requirements of a servicer and a subservicer under the terms of each Servicing Agreement and Underlying Document.
Eligible Servicer. The Trustee hereby agrees that, in ----------------- the event that it appoints an Eligible Servicer as Successor Servicer pursuant to Section 10.02 of the Agreement, such Eligible Servicer shall have a long term debt rating of at least A by Standard & Poor's and A2 by Xxxxx'x; provided, -------- however, that if the Trustee has a long term debt rating of at least A by ------- Standard & Poor's and A2 by Xxxxx'x, such Eligible Servicer need have only a long term debt rating of BBB- by Standard & Poor's and Baa3 by Xxxxx'x.
Eligible Servicer. 18 Issuer.............................................22
Eligible Servicer. 49 SECTION 12.
Eligible Servicer. The Seller is now and has always been, an “eligible servicer” under the provisions of the FFELP program and has at times caused the Trust Student Loans and Financed Student Loans to be serviced by an “eligible servicer.”
Eligible Servicer. The Trustee hereby agrees that, in the ----------------- event that it appoints an Eligible Servicer as Successor Servicer pursuant to Section 10.02 of the Agreement, such Eligible Servicer shall have a long term debtrating of at least A by Standard & Poor's and A2 by Moody's; provided, -------- however, that if the Trustee has a long term debt rating of at least A by ------- Standard & Poor's and A2 by Moody's, such Eligible Servicer need have only a long term debt rating of BBB- by Standard & Poor's and Baa3 by Moody's.
Eligible Servicer. 4 ERISA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
Eligible Servicer. Option One or (y) any other Person that (i) has been designated as an approved seller-servicer by Xxxxxx Xxx or Xxxxxxx Mac for first and second mortgage loans, (ii) has equity of not less than $15,000,000, as determined in accordance with GAAP and (iii) any other Person to which the Majority Noteholders may consent in writing.
Eligible Servicer. The Successor is an Eligible Servicer.
Eligible Servicer. BANA (USA) is an Eligible Servicer
