Common use of Loan Transfer Statement Clause in Contracts

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

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

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

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