Common use of Purchase of Student Loans Clause in Contracts

Purchase of Student 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 Issuer, by and through the Eligible Lender Trustee, a portfolio of Student 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 (Higher Education Funding I)

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Purchase of Student 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 Issuer, by and through the Eligible Lender Trustee, a portfolio of Student 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 (Higher Education Funding I)

Purchase of Student 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 Issuer, by and through the Eligible Lender Trustee, a portfolio of Student 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 (Higher Education Funding I)

Purchase of Student 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 Issuer, by and through the Eligible Lender TrusteeTrustee if such Student Loans constitute FFELP Loans, a portfolio of Student 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 (Higher Education Funding I)

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Purchase of Student 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 on behalf of the Seller, agree to sell to the IssuerPurchaser Trustee, by and through as trustee under the Eligible Lender TrusteePurchaser Trust Agreement on behalf of the Purchaser, a portfolio of Student Loans identified in the Loan Transfer Schedule A attached hereto, having an aggregate outstanding principal balance of approximately ______$ (the “Current Purchase Portfolio”).

Appears in 1 contract

Samples: Purchase and Sale Agreement (Collegiate Funding Services Inc)

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