Restrictions on Transfer of the Excess Distribution Certificate. (i) The Excess Distribution Certificate may be transferred to the Depositor or to any Affiliate of the Depositor, without any requirement to provide any officer's certificates or legal opinions that would otherwise be required if such proposed transfer was being made to a Person who is not an Affiliate of the Depositor.
Appears in 11 contracts
Samples: Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC), Trust Agreement (SLM Funding LLC)