Common use of Loan Transfer Statement Clause in Contracts

Loan Transfer Statement. Upon SLC Receivables’s request, SLC shall deliver to SLC Receivables one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by SLC Receivables, executed by SLC and dated the date of the related Xxxx of Sale. SLC and the Eligible Lender Trustee on behalf of SLC agree that SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables 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 SLC and the Eligible Lender Trustee on behalf of SLC to SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables of the Loans listed on the related Xxxx of Sale.

Appears in 10 contracts

Samples: Master Terms Purchase Agreement, Master Terms Purchase Agreement (SLC Student Loan Trust 2010-1), Master Terms Purchase Agreement (SLC Student Loan Receivables I Inc)

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Loan Transfer Statement. Upon SLC Receivables’s Recxxxxbles's request, SLC shall deliver to SLC Receivables one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by SLC Receivables, executed by SLC and dated the date of the related Xxxx Bill of Sale. SLC and the Eligible Lender Trustee on behalf of SLC agree axxxx that SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables may use the related Xxxx Bill of Sale, including the Loan Transmittal Summary Form attached to that Xxxx tx xxat Bill of Sale, in lieu of OE Form 1074, as official notification to the Guarantor txx Xuarantor of the assignment by SLC and the Eligible Lender Trustee on behalf of SLC to SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables of the Loans listed on the related Xxxx Bill of Sale.

Appears in 3 contracts

Samples: Master Terms Purchase Agreement (SLC Student Loan Trust 2005-1), Master Terms Purchase Agreement (SLC Student Loan Trust 2006-1), Master Terms Purchase Agreement (SLC Student Loan Trust 2005-2)

Loan Transfer Statement. Upon SLC Receivables’s Receivablxx' s request, SLC shall deliver to SLC Receivables one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by SLC Receivables, executed by SLC and dated the date of the related Xxxx Bill of Sale. SLC and the Eligible Lender Trustee on behalf of SLC agree axxxx that SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables may use the related Xxxx Bill of Sale, including the Loan Transmittal Summary Form attached to that Xxxx tx xxat Bill of Sale, in lieu of OE Form 1074, as official notification to the Guarantor txx Xuarantor of the assignment by SLC and the Eligible Lender Trustee on behalf of SLC to SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables of the Loans listed on the related Xxxx Bill of Sale.

Appears in 1 contract

Samples: Master Terms Purchase Agreement (SLC Student Loan Trust 2006-2)

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Loan Transfer Statement. Upon SLC Receivables’s Recexxxxles's request, SLC shall deliver to SLC Receivables one (1) or more Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by SLC Receivables, executed by SLC and dated the date of the related Xxxx Bill of Sale. SLC and the Eligible Lender Trustee on behalf of SLC agree agxxx that SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables may use the related Xxxx Bill of Sale, including the Loan Transmittal Summary Form attached to that Xxxx xxxt Bill of Sale, in lieu of OE Form 1074, as official notification to the Guarantor thx Xxarantor of the assignment by SLC and the Eligible Lender Trustee on behalf of SLC to SLC Receivables and the Eligible Lender Trustee on behalf of SLC Receivables of the Loans listed on the related Xxxx Bill of Sale.

Appears in 1 contract

Samples: Master Terms Purchase Agreement (SLC Student Loan Trust 2005-3)

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