Loan Information. Program Lender will cause Servicer to inform FMC periodically of information reasonably requested by FMC in anticipation of a Securitization Transaction, including, without limitation, the number of Seasoned Loans ready for purchase, the amount of paid and unpaid principal and accrued interest with respect to each such Seasoned Loan, payment status (including defaulted loans presented for guaranty payment), and the identity of Participating Institutions affected by the Securitization, together with the information contained in PHEAA's MR-50 and MR-53 reports and TERI's weekly origination report, which reports shall be provided in electronic media in the Servicer's or TERI's standard format. FMC hereby agrees and covenants to hold information contained in the reports confidential and only use such information in accordance with Section 6 of the Umbrella Agreement.
Appears in 5 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement, Note Purchase Agreement (National Collegiate Student Loan Trust 2006-4)
Loan Information. Program Lender will cause Servicer to inform FMC periodically of information reasonably requested by FMC in anticipation of a Securitization Transaction, including, without limitation, the number of Seasoned Loans ready for purchase, the amount of paid and unpaid principal and accrued interest with respect to each such Seasoned Loan, payment status (including defaulted loans presented for guaranty payment), and the identity of Participating Institutions affected by the Securitization, together with the information contained in PHEAA's MR-50 and MR-53 reports and TERI's weekly origination report, which reports shall be provided in electronic media in the Servicer's or TERI's standard format. FMC hereby agrees and covenants to hold information contained in the reports confidential and only use such information for the purposes outlined in accordance with Section 6 VI of the Umbrella Agreement.
Appears in 1 contract
Samples: Note Purchase Agreement (National Collegiate Funding LLC)
Loan Information. Program Lender will cause Servicer to inform FMC periodically of information reasonably requested by FMC in anticipation of a Securitization Transaction, including, without limitation, the number of Seasoned Loans ready for purchase, the amount of paid and unpaid principal and accrued interest with respect to each such Seasoned Loan, payment status (including defaulted loans presented for guaranty payment), and the identity of Participating Institutions affected by the Securitization, together with the information contained in PHEAA's ’s MR-50 and MR-53 reports and TERI's ’s weekly origination report, which reports shall be provided in electronic media in the Servicer's ’s or TERI's ’s standard format. FMC hereby agrees and covenants to hold information contained in the reports confidential and only use such information in accordance with Section 6 of the Umbrella Agreement.
Appears in 1 contract
Samples: Note Purchase Agreement (National Collegiate Student Loan Trust 2007-3)
Loan Information. Program Lender will cause Servicer to inform FMC periodically of information reasonably requested by FMC in anticipation of a Securitization Transaction, including, without limitation, the number of Seasoned Loans ready for purchase, the amount of paid and unpaid principal and accrued interest with respect to each such Seasoned Loan, payment status (including defaulted loans presented for guaranty payment), and the identity of Participating Institutions affected by the Securitization, together with the information contained in PHEAA's MR-50 and MR-53 reports and TERI's weekly origination report, which reports shall be provided in electronic media in the Servicer's or TERI's standard format. FMC hereby agrees and covenants to hold information contained in the reports confidential and only use such information in accordance with Section 6 of the Umbrella Agreement.
Appears in 1 contract
Samples: Note Purchase Agreement (National Collegiate Funding LLC)
Loan Information. Program Lender will cause Servicer to inform FMC periodically of information reasonably requested by FMC in anticipation of a Securitization Transaction, including, without limitation, the number of Seasoned Loans ready for purchase, the amount of paid and unpaid principal and accrued interest with respect to each such Seasoned Loan, payment status (including defaulted loans presented for guaranty payment), and the identity of Participating Institutions affected by the Securitization, together with the information contained in PHEAA's ’s MR-50 and MR-53 reports and TERI's ’s weekly origination report, which reports shall be provided in electronic media in the Servicer's ’s or TERI's ’s standard format. FMC hereby agrees and covenants to hold information contained in the reports confidential and only use such information in accordance with Section 6 of the Umbrella Agreement.
Appears in 1 contract