Common use of Principal Balances Clause in Contracts

Principal Balances. The aggregate principal balance of the Consolidation Loans and Serial Loans that are Exchanged Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer pursuant to this Agreement as of their respective Subsequent Cut-Off Dates is $___________ and $___________, respectively; (ii) the aggregate principal balance of the Financed Student Loans listed on Schedule B attached hereto and to be conveyed to the Transferor pursuant to Section 2.3(d) of the Transfer and Servicing Agreement is $_______; (iii) the Consolidation Prepayments on deposit in the Collection Account is $_________; (iv) the Issuer Consolidation Payments for the Exchange Date is $__________; and (v) the Exchange Adjustment for the Exchange Date is $_________.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (PNC Student Loan Trust I)

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Principal Balances. (i) The aggregate principal balance of the Consolidation Loans, the HEAL Consolidation Loans, the Serial Loans and Serial the other Student Loans that are Exchanged Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer Depositor pursuant to this the Sales Agreement as of their respective the Subsequent Cut-Off Dates off Date is $________, $________, $_______ and $___________, respectively; (ii) the aggregate principal balance of the Financed Student Loans listed on Schedule B attached hereto and to be conveyed to the Transferor pursuant to Section 2.3(d) of the Transfer and Servicing Agreement is $_______; (iii) the Consolidation Prepayments on deposit in the Collection Account is are $_________; and (iv) the Issuer Consolidation Payments Adjustment Payment for the Exchange Subsequent Finance Date is $__________; and (v) , which amount shall be payable [by] [to] the Exchange Adjustment for the Exchange Date is $_________Transferor.

Appears in 1 contract

Samples: Sales Agreement (Crestar Securitization LLC)

Principal Balances. The aggregate principal balance of the Consolidation Loans, the HEAL Consolidation Loans, the Serial Loans and Serial the Student Loans transferred by the Transferor pursuant to Section 2.3(b) of the Transfer and Servicing Agreement that are Exchanged Subsequent Financed Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer pursuant to this Agreement as of their respective Subsequent Cut-Off Dates is $________, $________, $_______ and $___________, respectively; (ii) the aggregate principal balance of the Financed Student Loans listed on Schedule B attached hereto and to be conveyed to the Transferor pursuant to Section 2.3(d2.3(b) of the Transfer and Servicing Agreement is $________ ; (iii) the Consolidation Prepayments on deposit in the Collection Account is $_________; (iv) the Issuer Consolidation Payments for the Exchange Date is $__________; and (v) the Exchange Adjustment for the Exchange Date is $_________.2.3

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Crestar Bank /Va)

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Principal Balances. (i) The aggregate principal balance of the Consolidation Loans, the HEAL Consolidation Loans, the Serial Loans and Serial the other Student Loans that are Exchanged Student Loans listed on Schedule A attached hereto and conveyed to the Eligible Lender Trustee on behalf of the Issuer pursuant to this the Transfer and Servicing Agreement as of their respective the Subsequent Cut-Off Dates Date is $________, $________, $_______ and $___________, respectively; (ii) the aggregate principal balance of the Financed Student Loans listed on Schedule B attached hereto and to be conveyed to the Transferor pursuant to Section 2.3(d) of the Transfer and Servicing Agreement is $_______; (iii) the Consolidation Prepayments on deposit in the Collection Account is are $_________; and (iv) the Issuer Consolidation Payments Adjustment Payment for the Exchange Transfer Date is $__________; and (v) , which amount shall be payable [by] [to] the Exchange Adjustment for the Exchange Date is $_________Depositor.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Crestar Securitization LLC)

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