Participation Certificate. With respect to any Collateral that constitutes a Participation Certificate, Buyer shall have received the original Participation Certificate registered into the name of the Buyer or its designee or pledgee.
Participation Certificate. On the date of the initial sale of a participation interest with respect to a portfolio of Eligible Loans hereunder, or thereafter as mutually agreed upon by the parties hereto, Lender shall execute and deliver to Participant the Participation Certificate evidencing a 100% participation and beneficial ownership interest in Eligible Loans in that portfolio as identified in Schedule A attached to the Participation Certificate. Lender shall attach or cause to be attached to the executed original Participation Certificate a schedule of the participated Eligible Loans, legal title to which shall be retained by Lender (if an eligible lender under the Higher Education Act) or by the Trustee. As Lender sells additional participation interests in Eligible Loans to Participant hereunder, no less frequently than on a monthly basis, Lender shall issue (or cause to be issued) supplemental schedules to Participant to be substituted and attached to the Participation Certificate. The participation interest shall be deemed to have been transferred to Participant upon payment of the purchase price therefor, irrespective of whether such supplemental schedules are issued by Lender. With respect to any Eligible Loan evidenced by a Master Promissory Note in the form mandated by Section 432(m)(1)(D) of the Higher Education Act, Lender shall make only one copy of the Master Promissory Note evidencing such Eligible Loan, mark the same "Official Copy" in red ink, and deliver such official cxxx or the original thereof to Servicer on behalf of Participant; Lender shall also perform any reasonable or necessary acts to perfect Participant's ownership of the participation interest in Eligible Loans including, without limitation, providing notice to the Borrowers of the transfer of the participation interest if Participant determines such acts are necessary to perfect such sale.
Participation Certificate. Buyer shall have received the original Participation Certificate registered into the name of the Buyer.
Participation Certificate. With respect to any Asset, Lender shall have received the original Participation Certificate registered into the name of the Lender or to the extent it relates to Repledge Collateral, in the name of CSFB.
Participation Certificate. The purchase of the Participations shall be evidenced by this Participation Agreement and the Participation Certificate. Treasury’s purchase of the Participations takes effect fully upon the execution of the Participation Certificate.
Participation Certificate. Exhibit A to the Existing MLPSA is hereby amended by deleting such exhibit in its entirety and replacing it with Annex A attached hereto.
Participation Certificate. A certificate in the form of the document attached hereto as Exhibit "A" to be executed and delivered by Originator to Participant contemporaneously with the execution of this Agreement to evidence the Participation Interest of Participant.
Participation Certificate. The term “Participation Certificate” shall have the meaning set forth in Section 2A hereof.
Participation Certificate. The terms of the Participation Certificate are modified as set forth below. It is our intention that such terms comply with the payment timing requirements of Section 409A, and that they be interpreted accordingly. Capitalized terms used in Section 2 of this letter and not otherwise defined herein have the meaning ascribed thereto in the Participation Certificate and the SEPIP.
Participation Certificate. With respect to any Asset that constitutes a Participation Certificate, Lender shall have received the original Participation Certificate registered into the name of the Lender.
