Investment Premium Purchase Account. (i) From time to time, the Administrator will instruct the Indenture Trustee in writing to withdraw amounts from the Investment Premium Purchase Account, and utilize such amounts to pay for the purchase price in excess of par of any Eligible Investments related to the Accumulation Account.
Appears in 6 contracts
Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)
Investment Premium Purchase Account. (i) From time to time, the Administrator will shall instruct the Indenture Trustee in writing to withdraw amounts from the an Investment Premium Purchase Account, and utilize such amounts to pay for the purchase price in excess of par of any Eligible Investments in connection with the related to the Accumulation Account.
Appears in 3 contracts
Samples: Administration Agreement (SLM Student Loan Trust 2005-9), Administration Agreement (SLM Student Loan Trust 2005-7), Administration Agreement (SLM Student Loan Trust 2006-5)
Investment Premium Purchase Account. (i) From time to time, the Administrator will instruct the Indenture Trustee in writing to withdraw amounts from the an Investment Premium Purchase Account, and utilize such amounts to pay for the purchase price in excess of par of any Eligible Investments related to in connection with the Accumulation Account.
Appears in 2 contracts
Samples: Administration Agreement (SLM Student Loan Trust 2005-6), Administration Agreement (SLM Student Loan Trust 2005-5)
Investment Premium Purchase Account. (i) From time to time, the Administrator will shall instruct the Indenture Trustee in writing to withdraw amounts from the an Investment Premium Purchase Account, and utilize such amounts to pay for the purchase price in excess of par of any Eligible Investments related to in connection with the Accumulation Account.
Appears in 1 contract
Samples: Administration Agreement (SLM Student Loan Trust 2005-8)
Investment Premium Purchase Account. (i) From time to time, the Administrator will instruct the Indenture Trustee in writing to withdraw amounts from the Investment Premium Purchase Account, and utilize such amounts to pay for the purchase price in excess of par of any Eligible Investments related to the an Accumulation Account.
Appears in 1 contract
