Common use of PAYMENTS IN RESPECT OF DEPOSITED LOANS Clause in Contracts

PAYMENTS IN RESPECT OF DEPOSITED LOANS. The parties hereto agree that amounts received in respect of the Deposited Loans (including claim payments from any Guarantor and Interest Subsidy Payments and Special Allowance Payments) shall be promptly paid over to and deposited with the Trustee pursuant to the Loan Agreement.

Appears in 3 contracts

Samples: Loan Purchase Agreement (Nelnet Inc), Loan Purchase Agreement (Nelnet Inc), Loan Purchase Agreement (Nelnet Inc)

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PAYMENTS IN RESPECT OF DEPOSITED LOANS. The parties hereto Borrower and the Custodian agree that all amounts received in respect of the Deposited Loans (including claim payments from any Guarantor and Interest Subsidy Payments and Special Allowance Payments) shall be promptly paid over to and deposited with the Trustee pursuant to the Loan Agreement.

Appears in 1 contract

Samples: Custodian Agreement (Nelnet Inc)

PAYMENTS IN RESPECT OF DEPOSITED LOANS. The parties hereto agree that amounts received in respect of the Deposited Loans (including claim payments from any Guarantor and Interest Subsidy Payments and Special Allowance Payments) shall be promptly paid over to and deposited with the Trustee pursuant to the Loan Warehouse Agreement.

Appears in 1 contract

Samples: Custodian Agreement (Nelnet Inc)

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PAYMENTS IN RESPECT OF DEPOSITED LOANS. The parties hereto agree that amounts received in respect of the Deposited Loans (including including, without limitation, payments from any obligors on Deposited Loans, claim payments from any Guarantor and Interest Subsidy Benefit Payments and Special Allowance Payments, if applicable) shall be promptly paid over to and deposited with the Trustee pursuant to as directed by the Loan Contractor in accordance with the Servicing Agreement.

Appears in 1 contract

Samples: Custodian Agreement (Gmac Elf LLC)

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