Common use of Loan Transfer Statement Clause in Contracts

Loan Transfer Statement. Upon the Purchaser’s request, the Seller shall deliver to the Purchaser one or more loan transfer statements (Department of Education Form OE 1074 or its equivalent) provided by the Purchaser, executed by an Authorized Officer or agent of the Seller and dated the date of the related Xxxx of Sale. The Seller agrees that the Purchaser 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 a loan transfer statement (Department of Education Form OE Form 1074) as official notification to the Guarantor of the assignment by the Seller to the Interim Eligible Lender Trustee for the benefit of and on behalf of the Purchaser of the Loans listed on the related Xxxx of Sale.

Loan Transfer Statement. Upon the Purchaser’s 's request, the Seller shall deliver to the Purchaser one (1) or more loan transfer statements Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by the Purchaser, executed by an Authorized Officer or agent 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 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 a loan transfer statement (Department of Education Form OE Form 1074) , as official notification to the Guarantor of the assignment by the Seller to the Interim Eligible Lender Trustee for the benefit of and the Seller to the Eligible Lender Trustee on behalf of the Purchaser of the Loans listed on the related Xxxx of Sale.

Loan Transfer Statement. Upon the Purchaser’s 's request, the Seller shall deliver to the Purchaser one (1) or more loan transfer statements Loan Transfer Statements (Department of Education Form OE 1074 or its equivalent) provided by the Purchaser, executed by an Authorized Officer or agent 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 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 a loan transfer statement (Department of Education Form OE Form 1074) , as official notification to the Guarantor of the assignment by the Seller to the Interim Eligible Lender Trustee for the benefit of and the Seller to the Eligible Lender Trustee on behalf of the Purchaser of the Loans listed on the related Xxxx of Sale.

Loan Transfer Statement. Upon the Purchaser’s request, the Seller shall deliver to the Purchaser one or more loan transfer statements (Department of Education Form OE 1074 or its equivalent) provided by the Purchaser, executed by an Authorized Officer or agent of the Seller and dated the date of the related Xxxx of Sale. The Seller agrees that the Purchaser 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 a loan transfer statement (Department of Education Form OE Form 1074) as official notification to the Guarantor of the assignment by the Seller to the Interim Eligible Lender Trustee for the benefit of and on behalf of the Purchaser of the Loans listed on the related Xxxx of Sale.