Common use of Investment Earnings; Other Trust Accounts Clause in Contracts

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 30 contracts

Samples: Administration Agreement (Navient Student Loan Trust 2015-3), Administration Agreement (Navient Student Loan Trust 2014-1), Administration Agreement (SLM Student Loan Trust 2014-2)

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Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee Administrator to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 8 contracts

Samples: Administration Agreement (SLC Student Loan Receivables I Inc), Administration Agreement (SLC Student Loan Trust 2006-2), Administration Agreement (SLC Student Loan Trust 2005-2)

Investment Earnings; Other Trust Accounts. The Administrator will shall instruct the Indenture Trustee Administrator to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust the Reserve Account (other than and the Borrower Benefit Account) Capitalized Interest Account on each Distribution Date; (2) deposit such amounts into the Collection Account Account; and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 7 contracts

Samples: Administration Agreement (SLC Student Loan Trust 2010-1), Administration Agreement (SLC Student Loan Receivables I Inc), Administration Agreement (SLC Student Loan Trust 2009-3)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Quarterly Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Quarterly Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 7 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2008-4), Administration Agreement (SLM Student Loan Trust 2008-6), Administration Agreement (SLM Student Loan Trust 2007-5)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, any on deposit in (x) each existing Trust Account (Account, other than the Borrower Benefit Accumulation Account, on each Distribution Date and (y) the Accumulation Account on each Distribution Date; , but only to the extent funds are received by the Trust with respect thereto, (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 6 contracts

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

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 5 contracts

Samples: Administration Agreement (Navient Funding, LLC), Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in (x) each existing Trust Account (Account, other than the Borrower Benefit any Accumulation Account, on each Distribution Date and (y) any Accumulation Account on each Distribution Date; , but only to the extent funds are received by the Trust with respect thereto, (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 5 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2005-7), Administration Agreement (SLM Student Loan Trust 2005-9), Administration Agreement (SLM Funding LLC)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f2.10(e) of this Administration Agreement.

Appears in 4 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2006-9), Administration Agreement (SLM Student Loan Trust 2006-8), Administration Agreement (SLM Student Loan Trust 2006-4)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f2.10(d) of this Administration Agreement.

Appears in 3 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2006-3), Administration Agreement (SLM Student Loan Trust 2007-2), Administration Agreement (SLM Funding LLC)

Investment Earnings; Other Trust Accounts. (a) The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 3 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2011-2), Administration Agreement (SLM Student Loan Trust 2010-1), Administration Agreement (SLM Student Loan Trust 2011-1)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in (x) each existing Trust Account (Account, other than the Borrower Benefit Accumulation Account, on each Distribution Date and (y) the Accumulation Account on each Distribution Date; , but only to the extent funds are received by the Trust with respect thereto, (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 3 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2005-6), Administration Agreement (SLM Student Loan Trust 2005-8), Administration Agreement (SLM Student Loan Trust 2005-5)

Investment Earnings; Other Trust Accounts. (a) The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Quarterly Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Quarterly Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 2 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2009-1), Administration Agreement (SLM Student Loan Trust 2008-9)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.;

Appears in 2 contracts

Samples: Administration Agreement (Navient Student Loan Trust 2015-2), Administration Agreement (Navient Student Loan Trust 2015-1)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f2.10(e) of this Administration Agreement.. Administration Agreement

Appears in 1 contract

Samples: Administration Agreement (SLM Student Loan Trust 2006-2)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

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Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Administration Agreement Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f2.10(d) of this Administration Agreement.

Appears in 1 contract

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

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Quarterly Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Administration Agreement Quarterly Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLM Student Loan Trust 2007-4)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee Administrator to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust the Reserve Account, the Capitalized Interest Account (other than and the Borrower Benefit Account) Add-on Consolidation Loan Account on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLC Student Loan Trust 2007-2)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

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

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, any on deposit in (x) each existing Trust Account (Account, other than the Borrower Benefit any Accumulation Account, on each Distribution Date and (y) any Accumulation Account on each Distribution Date; , but only to the extent funds are received by the Trust with respect thereto, (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLM Funding LLC)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in (x) each existing Trust Account (Account, other than the Borrower Benefit any Accumulation Account) , on each Distribution Date; and (y) any Accumulation Account on each Distribution Date, but only to the extent funds are received by the Trust with respect thereto, (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLM Student Loan Trust 2006-5)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Quarterly Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Quarterly Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f2.10(e) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLM Student Loan Trust 2006-7)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust Account (other than the Borrower Benefit Account) on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts Administration Agreement are to be withdrawn from that account pursuant to Section 2.10(f2.10(e) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLM Student Loan Trust 2007-1)

Investment Earnings; Other Trust Accounts. The Administrator will instruct the Indenture Trustee Administrator to (1) withdraw all Investment Earnings, if any, on deposit in each existing Trust the Reserve Account (other than and the Borrower Benefit Account) Capitalized Interest Account on each Distribution Date; (2) deposit such amounts into the Collection Account and (3) include such amounts as Available Funds for that Distribution Date. The Administrator will not instruct the Indenture Trustee to withdraw Investment Earnings, if any, on deposit in the Borrower Benefit Account until amounts are to be withdrawn from that account pursuant to Section 2.10(f) of this Administration Agreement.

Appears in 1 contract

Samples: Administration Agreement (SLC Student Loan Trust 2007-1)

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