Common use of Limitation of Liability of Eligible Lender Trustee and Indenture Trustee Clause in Contracts

Limitation of Liability of Eligible Lender Trustee and Indenture Trustee. Attachment A Schedule of Fees Attachment B Servicer Locations Attachment C Reports Appendix A Definitions and Usage Xxxxxx Mae, Inc. (in such capacity, the “Servicer”), a Delaware corporation, hereby agrees with (i) SLM Student Loan Trust 2005-7 (the “Issuer”), (ii) Chase Bank USA, National Association, a national banking association, not in its individual capacity but solely in its capacity as eligible lender trustee (the “Eligible Lender Trustee”) under a trust agreement dated as of July 29, 2005 between SLM Funding LLC and the Eligible Lender Trustee, as amended and restated by an amended and restated trust agreement dated as of August 11, 2005 (the “Trust Agreement”) among SLM Funding LLC, the Eligible Lender Trustee and Deutsche Bank Trust Company Americas, not in its individual capacity but solely in its capacity as the indenture trustee (the “Indenture Trustee”), under an indenture (the “Indenture”) dated as of August 1, 2005 among the Issuer, the Eligible Lender Trustee and the Indenture Trustee, (iii) the Indenture Trustee and (iv) Xxxxxx Xxx, Inc., not in its individual capacity but solely in its capacity as administrator (in such capacity, the “Administrator”) under the Administration Agreement as follows:

Limitation of Liability of Eligible Lender Trustee and Indenture Trustee. Attachment A Schedule of Fees Attachment B Servicer Locations Attachment C Reports Appendix A Definitions and Usage Xxxxxx Mae, Inc. (in such capacity, the “Servicer”), a Delaware corporation, hereby agrees with (i) SLM Student Loan Trust 20052004-7 1 (the “Issuer”), (ii) Chase Manhattan Bank USA, National Association, a national banking association, not in its individual capacity but solely in its capacity as eligible lender trustee (the “Eligible Lender Trustee”) under a trust agreement dated as of July 29January 1, 2005 between SLM Funding LLC and the Eligible Lender Trustee, as amended and restated by an amended and restated trust agreement dated as of August 11, 2005 2004 (the “Trust Agreement”) among SLM Funding LLC, the Eligible Lender Trustee and Deutsche The Bank Trust Company Americasof New York, not in its individual capacity but solely in its capacity as the indenture trustee (the “Indenture Trustee”), under an indenture (the “Indenture”) dated as of August January 1, 2005 2004 among the Issuer, the Eligible Lender Trustee and the Indenture Trustee, and (iii) the Indenture Trustee and (iv) Xxxxxx Xxx, Inc., not in its individual capacity but solely in its capacity as administrator (in such capacity, the “Administrator”) under the Administration Agreement as follows:

Limitation of Liability of Eligible Lender Trustee and Indenture Trustee. Attachment A Schedule of Fees Attachment B Servicer Locations Attachment C Reports Appendix A Definitions and Usage Xxxxxx Mae, Inc. (in such capacity, the “Servicer”), a Delaware corporation, hereby agrees with (i) SLM Student Loan Trust 20052004-7 8 (the “Issuer”), (ii) Chase Manhattan Bank USA, National Association, a national banking association, not in its individual capacity but solely in its capacity as eligible lender trustee (the “Eligible Lender Trustee”) under a trust agreement dated as of July 29August 11, 2005 2004 between SLM Funding LLC and the Eligible Lender Trustee, as amended and restated by an amended and restated trust agreement dated as of August 1125, 2005 2004 (the “Trust Agreement”) among SLM Funding LLC, the Eligible Lender Trustee and Deutsche Bank Trust Company Americas, not in its individual capacity but solely in its capacity as the indenture trustee (the “Indenture Trustee”), under an indenture (the “Indenture”) dated as of August 1, 2005 2004 among the Issuer, the Eligible Lender Trustee and the Indenture Trustee, (iii) the Indenture Trustee and (iv) Xxxxxx Xxx, Inc., not in its individual capacity but solely in its capacity as administrator (in such capacity, the “Administrator”) under the Administration Agreement as follows:

Limitation of Liability of Eligible Lender Trustee and Indenture Trustee. Attachment A Schedule of Fees Attachment B Servicer Locations Attachment C Reports Appendix A Definitions and Usage Xxxxxx Mae, Inc. (in such capacity, the “Servicer”), a Delaware corporation, hereby agrees with (i) SLM Student Loan Trust 20052004-7 6 (the “Issuer”), (ii) Chase Manhattan Bank USA, National Association, a national banking association, not in its individual capacity but solely in its capacity as eligible lender trustee (the “Eligible Lender Trustee”) under a trust agreement dated as of July 29June 10, 2005 2004 between SLM Funding LLC and the Eligible Lender Trustee, as amended and restated by an amended and restated trust agreement dated as of August 11June 30, 2005 2004 (the “Trust Agreement”) among SLM Funding LLC, the Eligible Lender Trustee and Deutsche Bank Trust Company Americas, not in its individual capacity but solely in its capacity as the indenture trustee (the “Indenture Trustee”), under an indenture (the “Indenture”) dated as of August June 1, 2005 2004 among the Issuer, the Eligible Lender Trustee and the Indenture Trustee, (iii) the Indenture Trustee and (iv) Xxxxxx Xxx, Inc., not in its individual capacity but solely in its capacity as administrator (in such capacity, the “Administrator”) under the Administration Agreement as follows: