Common use of Remarketing Fee Account Clause in Contracts

Remarketing Fee Account. (i) On each Distribution Date that is one year or less prior to a Reset Date, the Administrator shall instruct the Indenture Trustee in writing to withdraw from the Collection Account an amount equal to the Quarterly Funding Amount.

Appears in 11 contracts

Samples: Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC), Administration Agreement (SLM Funding LLC)

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Remarketing Fee Account. (i) On each Distribution Date that is one year or less prior to a Reset Date, the Administrator shall instruct the Indenture Trustee in writing to withdraw from the Collection Account an amount equal to the Quarterly Funding AmountAmount for that Distribution Date.

Appears in 6 contracts

Samples: Administration Agreement (SLM Student Loan Trust 2005-8), Administration Agreement (SLM Student Loan Trust 2006-5), Administration Agreement (SLM Student Loan Trust 2005-6)

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