Common use of Purchase of Eligible Loans Clause in Contracts

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ (the "Current Purchase Portfolio").

Appears in 6 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Funding LLC), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-2), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-1)

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Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the Financing Agreement and the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ (the "Current Purchase Portfolio").

Appears in 3 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Funding LLC), Loan Purchase Agreement (Nelnet Student Loan Funding LLC), Loan Purchase Agreement (Nelnet Student Loan Funding LLC)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell hereby sells to the Trustee, as eligible lender trustee under the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ (the "Current Purchase Portfolio").

Appears in 2 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2006-1), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-4)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the Financing Agreement and the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ 1.2 billion (the "Current Purchase Portfolio").

Appears in 2 contracts

Samples: Loan Purchase Agreement (Nelnet Student Loan Funding LLC), Loan Purchase Agreement (Nelnet Student Loan Corp- 2)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell hereby sells to the Trustee, as eligible lender trustee under the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ $ (the "β€œCurrent Purchase Portfolio"”).

Appears in 1 contract

Samples: Loan Purchase Agreement (Goal Capital Funding, LLC)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ (the "Current Purchase Portfolio").

Appears in 1 contract

Samples: Loan Purchase Agreement (Nelnet Student Loan Corp- 2)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees and the Seller Trustee agree to sell to the Purchaser Trustee, as eligible lender trustee under the Eligible Lender Purchaser Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $__________ (the "Current Purchase Portfolio").

Appears in 1 contract

Samples: Ffelp Loan Purchase Agreement (College Loan LLC)

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Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the [Trust] [Eligible Lender Trust Trust] Agreement on behalf of the PurchaserCorporation, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ _____(the "Current Purchase Portfolio").

Appears in 1 contract

Samples: Loan Purchase Agreement (Nelnet Inc)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell hereby sells to the Trustee, as eligible lender trustee under the Eligible Lender Trust Agreement on behalf of the Purchaser, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ (the "Current Purchase Portfolio").

Appears in 1 contract

Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2006-2)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the Eligible Lender Trust Agreement on behalf of the PurchaserCorporation, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ __(the "Current Purchase Portfolio").

Appears in 1 contract

Samples: Loan Purchase Agreement (Nelnet Inc)

Purchase of Eligible Loans. Subject to the terms and conditions of the Loan Purchase Agreement and in reliance upon the representations, warranties and covenants as set forth in the Loan Purchase Agreement, the Seller agrees to sell to the Trustee, as eligible lender trustee under the Eligible Lender Trust Financing Agreement on behalf of the PurchaserCorporation, a portfolio of Eligible Loans identified in the Loan Transfer Schedule attached hereto, having an aggregate outstanding principal balance of approximately $______ ____(the "Current Purchase Portfolio").

Appears in 1 contract

Samples: Loan Purchase Agreement (Nelnet Inc)

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