Common use of Loan Transfer Statement Clause in Contracts

Loan Transfer Statement. Upon Purchaser's request, Seller shall deliver to Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the Xxxx of Sale. Seller agrees that Purchaser and the Eligible Lender Trustee may use the Xxxx of Sale, including the Loan Transmittal Summary Form attached to the Xxxx of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit of the Purchaser of the Loans listed on the Xxxx of Sale.

Appears in 27 contracts

Samples: Sale Agreement (SLM Funding Corp), Sale Agreement (SLM Funding Corp), Sale Agreement (SLM Funding LLC)

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Loan Transfer Statement. Upon Purchaser's request, Seller shall deliver to Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the Xxxx of Sale. Seller agrees that Purchaser and the Eligible Lender Trustee may use the Xxxx of Sale, including the Loan Transmittal Summary Form attached to the Xxxx of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit of the Purchaser of the Loans listed on the Xxxx of Sale.the

Appears in 1 contract

Samples: Sale Agreement (SLM Funding LLC)

Loan Transfer Statement. Upon Purchaser's request, Seller shall deliver to Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the Xxxx Bill of Sale. Seller agrees that Purchaser and the Eligible Lender Trustee may use the Xxxx Bill of Sale, including the Loan Transmittal Summary Form attached attxxxxd to the Xxxx Bill of Sale, in lieu of OE Form 1074, as official notification to notificatixx xo the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit of the Purchaser of the Loans listed on the Xxxx Bill of Sale.

Appears in 1 contract

Samples: Sale Agreement (SLM Funding LLC)

Loan Transfer Statement. Upon the Purchaser's request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the Xxxx of Sale. The Seller agrees that the Purchaser and the Eligible Lender Trustee may use the Xxxx of Sale, including the Loan Transmittal Summary Form attached to the Xxxx of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit of the Purchaser of the Loans listed on the Xxxx of Sale.

Appears in 1 contract

Samples: Sale Agreement (SLM Funding LLC)

Loan Transfer Statement. Upon the Purchaser's request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the related Xxxx of Sale. The Seller agrees that the Purchaser and the Eligible Lender Trustee may use the related Xxxx of Sale, including the Loan Transmittal Summary Form attached to the that Xxxx of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit of the Purchaser of the Loans listed on the related Xxxx of Sale.

Appears in 1 contract

Samples: Initial Sale Agreement (SLM Funding LLC)

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Loan Transfer Statement. Upon the Purchaser's request, the Seller shall deliver to the Purchaser one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by the Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the related Xxxx of Sale. The Seller agrees that the Purchaser and the Eligible Lender Trustee may use the related Xxxx of Sale, including the related Loan Transmittal Summary Form attached to the that Xxxx of Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit on behalf of the Purchaser of the Loans listed on the related Xxxx of Sale.

Appears in 1 contract

Samples: Additional Sale Agreement (SLM Funding LLC)

Loan Transfer Statement. Upon Purchaser's request, Seller shall deliver to Purchaser one (1) or more Loan Transfer Statements (Department Form OE 1074 or its equivalent) provided by Purchaser, executed by the Interim Eligible Lender Trustee for the benefit of the Seller and dated the date of the Xxxx of Bill xx Sale. Seller agrees that Purchaser and the Eligible Lender Trustee may use the Xxxx of Bill xx Sale, including the Loan Transmittal Summary Form attached to the Xxxx of Bill xx Sale, in lieu of OE Form 1074, as official notification to the Guarantor of the assignment by the Interim Eligible Lender Trustee for the benefit of the Seller to the Eligible Lender Trustee for the benefit of the Purchaser of the Loans listed on the Xxxx of Bill xx Sale.

Appears in 1 contract

Samples: Sale Agreement (SLM Funding Corp)

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