REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date. (b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the Purchaser. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the Purchaser's interests in the FFELP Loans.
Appears in 8 contracts
Samples: Loan Purchase Agreement (Nelnet Student Loan Funding LLC), Loan Purchase Agreement (Nelnet Student Loan Funding LLC), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-1)
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date of Issuance (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the Purchaser. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the Purchaser's interests in the FFELP Loans.
Appears in 7 contracts
Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2005-4), Loan Purchase Agreement (Nelnet Student Loan Trust 2005-3), Loan Purchase Agreement (Nelnet Student Loan Trust 2006-3)
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date date of this Loan Purchase Agreement (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the Purchaser. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the Purchaser's interests in the FFELP Loans.
Appears in 5 contracts
Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2008-4), Loan Purchase Agreement (Nelnet Student Loan Trust 2008-2), Loan Purchase Agreement (Nelnet Student Loan Trust 2008-1)
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date date hereof (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the PurchaserCorporation. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the PurchaserCorporation's interests in the FFELP Loans.
Appears in 3 contracts
Samples: Indenture of Trust (Nelnet Education Loan Funding Inc), Indenture of Trust (Nelnet Inc), Warehouse Loan and Security Agreement (Nelnet Inc)
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date date hereof (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the Purchaser. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the Purchaser's ’s interests in the FFELP Loans.
Appears in 1 contract
Samples: Loan Purchase Agreement (Nelnet Inc)
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date date hereof (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the PurchaserCorporation and the Administrative Agent. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the PurchaserCorporation's interests in the FFELP Loans.
Appears in 1 contract
Samples: Warehouse Note Purchase and Security Agreement (Nelnet Inc)
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the PurchaserCorporation. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the PurchaserCorporation's interests in the FFELP Loans.
Appears in 1 contract
REPRESENTATIONS, WARRANTIES, COVENANTS AND AGREEMENTS OF THE SELLER. (a) With respect to FFELP Loans sold on a Loan Purchase Date, the Seller hereby makes the representations and warranties set forth in Exhibit E hereto as of such Loan Purchase Date. Each representation, warranty, certification, covenant and agreement contained in this Loan Purchase Agreement shall survive the applicable Loan Purchase Date.
(b) The Seller shall not organize under the law of any jurisdiction other than the State under which it is organized as of the Closing Date date of this Loan Purchase Agreement (whether changing its jurisdiction of organization or organizing under an additional jurisdiction) without giving 30 days prior written notice of such action to the Purchaser. Before effecting such change, the Seller shall prepare and file in the appropriate filing office any financing statements or other statements necessary to continue the perfection of the Purchaser's ’s interests in the FFELP Loans.
Appears in 1 contract
Samples: Loan Purchase Agreement (Nelnet Student Loan Trust 2009-2)