Other Currency Account. (i) On each Reset Date with respect to the Reset Rate Notes while in Foreign Exchange Mode that are then denominated in a currency other than U.S. Dollars, the Trust shall establish an Other Currency Account for the Reset Rate Notes.
Appears in 3 contracts
Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)
Other Currency Account. (i) On each Reset Date with respect to the any class of Reset Rate Notes while in Foreign Exchange Mode that are is then denominated in a currency other than U.S. Dollars, Pounds Sterling or Euros, the Trust shall establish and maintain an Other Currency Account for the such class of Reset Rate Notes.
Appears in 3 contracts
Samples: Administration Agreement (SLM Student Loan Trust 2005-9), Administration Agreement (SLM Student Loan Trust 2005-7), Administration Agreement (SLM Student Loan Trust 2006-5)
Other Currency Account. (i) On each Reset Date with respect to the Reset Rate Notes while they are in Foreign Exchange Mode that and are then denominated in a currency other than U.S. Dollars, Pounds Sterling or Euros, the Trust shall establish and maintain an Other Currency Account for the Reset Rate Notes.
Appears in 3 contracts
Samples: Administration Agreement (SLM Student Loan Trust 2005-6), Administration Agreement (SLM Student Loan Trust 2005-5), Administration Agreement (SLM Student Loan Trust 2005-8)
Other Currency Account. (i) On each Reset Date with respect to the Reset Rate Notes while in Foreign Exchange Mode that are then denominated in a currency other than U.S. DollarsDollars or Pounds Sterling, the Trust shall establish an Other Currency Account for the Reset Rate Notes.
Appears in 2 contracts
Samples: Administration Agreement (SLM Funding LLC), Master Administration Agreement (SLM Funding LLC)
Other Currency Account. (i) On each Reset Date with respect to the any class of Reset Rate Notes while in Foreign Exchange Mode that are is then denominated in a currency other than U.S. DollarsDollars or Euros, the Trust shall establish an Other Currency Account for the such class of Reset Rate Notes.
Appears in 2 contracts
Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)
Other Currency Account. (i) On each Reset Date with respect to the any class of Reset Rate Notes while in Foreign Exchange Mode that are is then denominated in a currency other than U.S. Dollars, Pounds Sterling or Euros, the Trust shall establish an Other Currency Account for the such class of Reset Rate Notes.
Appears in 1 contract
Other Currency Account. (i) On each Reset Date with respect to the any class of Reset Rate Notes while in Foreign Exchange Mode that are is then denominated in a currency other than U.S. DollarsDollars or Pounds Sterling, the Trust shall establish an Other Currency Account for the such class of Reset Rate Notes.
Appears in 1 contract
Other Currency Account. (i) On each Reset Date with respect to the Reset Rate Notes while in Foreign Exchange Mode that are then denominated in a currency other than U.S. DollarsDollars or Euros, the Trust shall establish an Other Currency Account for the Reset Rate Notes.
Appears in 1 contract