Purchase and Sale; Best Efforts by Program Lender. On each Purchase Date during the Term of this Agreement and subject to the conditions set forth herein, Program Lender shall sell to FMC or a designee Purchaser Trust, and FMC or such Purchaser Trust shall purchase, every Seasoned Loan owned by Program Lender on the Purchase Date. Program Lender shall enter into and perform its obligations under the Marketing Agreement.
Appears in 6 contracts
Samples: Note Purchase Agreement, Note Purchase Agreement, Note Purchase Agreement (National Collegiate Funding LLC)
Purchase and Sale; Best Efforts by Program Lender. On each Purchase Date during the Term of this Agreement and subject to the conditions set forth herein, Program Lender shall sell to FMC or a designee Purchaser Trust, and FMC or such Purchaser Trust shall purchase, every Seasoned Loan owned by Program Lender on the Purchase Date. Program Lender shall enter into and perform its obligations under the Wholesale Marketing Agreement.
Appears in 2 contracts
Samples: Note Purchase Agreement (National Collegiate Student Loan Trust 2006-3), Note Purchase Agreement (First Marblehead Corp)
