Common use of Sections 27 Clause in Contracts

Sections 27. 1 and 27.2 do not apply in the event of the Master Servicer's breach or default hereunder, or with respect to a sale of the Education Loan to a holder of other loans for the same borrower.

Appears in 14 contracts

Samples: Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Trust 2005-2)

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Sections 27. 1 and 27.2 do not apply in the event of the Master ServicerSubservicer's breach or default hereunder, or with respect to a sale of the Education Loan to a holder of other loans for the same borrower.

Appears in 9 contracts

Samples: Subservicing Agreement (Nelnet Student Loan Trust 2006-3), Subservicing Agreement (Nelnet Student Loan Trust 2008-3), Subservicing Agreement (Nelnet Student Loan Trust 2006-2)

Sections 27. 1 and 27.2 do not apply in the event of the Master Servicer's breach or default hereunder, or with respect to a sale of the Education Loan to a holder of other loans for the same borrower.

Appears in 4 contracts

Samples: Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Funding LLC), Master Servicing Agreement (Nelnet Student Loan Funding LLC)

Sections 27. 1 and 27.2 do not apply in the event of the Master Servicer's Subservicer’s breach or default hereunder, or with respect to a sale of the Education Loan to a holder of other loans for the same borrower.

Appears in 1 contract

Samples: Subservicing Agreement (Nelnet Student Loan Trust 2009-2)

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Sections 27. 1 and 27.2 do not apply in the event of the Master Servicer's ’s breach or default hereunder, or with respect to a sale of the Education Loan to a holder of other loans for the same borrower.

Appears in 1 contract

Samples: Master Servicing Agreement (Nelnet Student Loan Trust 2009-2)

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