Common use of Grant of Contract Right Clause in Contracts

Grant of Contract Right. In connection with each sale of Additional Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.

Appears in 30 contracts

Samples: Purchase Agreement, Purchase Agreement (SLM Student Loan Trust 2006-1), Purchase Agreement (SLM Student Loan Trust 2008-2)

AutoNDA by SimpleDocs

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.

Appears in 18 contracts

Samples: Purchase Agreement, Purchase Agreement (SLM Student Loan Trust 2005-8), Purchase Agreement (SLM Funding LLC)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.. Purchase Agreement – Master (VG FUNDING)

Appears in 6 contracts

Samples: Purchase Agreement (SLM Student Loan Trust 2006-6), Purchase Agreement (SLM Student Loan Trust 2006-4), Purchase Agreement (SLM Student Loan Trust 2007-5)

Grant of Contract Right. In connection with each sale of Additional Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.

Appears in 5 contracts

Samples: Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Student Loan Trust 2005-3), Purchase Agreement (SLM Funding LLC)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.

Appears in 3 contracts

Samples: Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Funding LLC)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.. Purchase Agreement - Master (VG FUNDING)

Appears in 2 contracts

Samples: Purchase Agreement (SLM Student Loan Trust 2007-4), Purchase Agreement (SLM Student Loan Trust 2006-8)

Grant of Contract Right. In connection with each the sale of Additional the Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.

Appears in 2 contracts

Samples: Purchase Agreement (SLM Funding LLC), Purchase Agreement (SLM Funding LLC)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.. Purchase Agreement – Master (VG FUNDING) 8

Appears in 2 contracts

Samples: Purchase Agreement (SLM Student Loan Trust 2006-7), Purchase Agreement (SLM Student Loan Trust 2006-5)

AutoNDA by SimpleDocs

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.

Appears in 2 contracts

Samples: Purchase Agreement (SLM Student Loan Trust 2005-3), Purchase Agreement (SLM Funding LLC)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM XXX Xxxxxxxx Agreement - Master (VG FUNDING) ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2007-3)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM Purchase Agreement – Master (VG FUNDING) ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-1)

Grant of Contract Right. In connection with each sale of Additional Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM Purchase Agreement No. 1 (VG Funding) 9 ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Loans.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-5)

Grant of Contract Right. In connection with each the sale of Additional the Initial Loans, VG Funding hereby assigns to Funding all of its rights (but none of its obligations) under, in and to the Original SLM ECFC Purchase Agreement, including all rights of VG Funding to proceed against SLM ECFC with respect to breaches of representations, warranties and covenants with respect to the applicable Additional Initial Loans.. Purchase Agreement — (VG Funding)

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-9)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!