Common use of SELLER     PURCHASER Clause in Contracts

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-2)

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SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxChase USA, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2006-10 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7November 30, 2008 Purchase Agreement SLM ECFC 0000 The undersigned SLM Funding LLC (“SLM ECFCSeller”) and Chase Bank USA, National Association as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of November 30, 2006 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Initial Sale Agreement Number 1 (the Purchase Initial Sale Agreement”) among SLM Funding LLC (“Funding”)the Seller, and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does SLM Student Loan Trust 2006-10 (“Purchaser”) and Chase Bank USA, National Association as the Eligible Lender Trustee, do hereby sell, assign and convey to the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser has accepted for purchase. The portfolio of Initial Loans accepted for purchase by the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Sale Agreement. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding on behalf of the related Purchaser of the Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority Corp of Maine Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCInc.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2006-10)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as VL Funding Eligible Lender Trustee for the benefit of VL Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Title: Vice President VL Funding LLC Date of Purchase: February 7January 19, 2008 2012 By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized Signatory for Seller) Name: Xxxxxxx X. Xxxxxxx Title: Vice President VL Funding Xxxxxxxx Xxxxxxxxx 0 XXX Funding LLC 0000 Xxxxxx Xxxxxx Drive Reston, Virginia 20191 By: /s/ Xxxx X. Xxxx (Signature of Authorized Officer) Name: Xxxx X. Xxxx Title: Vice President Date of Purchase: January 19, 2012 VL Funding Purchase Agreement SLM ECFC 5 Each of The undersigned Bank of New York Mellon Trust Company, National Association, as VL Funding Eligible Lender Trustee (the “VL Funding Eligible Lender Trustee”) for the benefit of VL Funding LLC (“SLM ECFCVL Funding”), under the VL Funding Interim Trust Agreement, dated as of January 19, 2012, between VL Funding and the VL Funding Eligible Lender Trustee, and VL Funding hereby offer for value received and pursuant sale to the terms and conditions The Bank of Purchase Agreement Number 1 New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee (the “Purchase AgreementInterim Eligible Lender Trustee”) among for the benefit of SLM Funding Funding, LLC (“Funding”), and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7January 19, 2008 2012 between Funding and the Interim Eligible Lender Trustee, does hereby selland Funding, assign the entire right, title and convey interest of VL Funding in the Loans described in the related Additional Xxxx of Sale and the related Loan Transmittal Summary Form incorporated herein, and, to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon accepts VL Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCoffer.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: :_______________ By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 722, 2008 2007 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 722, 2008 2007 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Corporation Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Maryland Higher Education Loan Corporation Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program Nevada Department of Education New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation State Student Assistance Commission of Indiana Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM Utah Higher Education Assistance Xxxxxxxxx Xxxxxxxx Xxxxxxxxx XXX ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2007-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7November 30, 2008 Purchase Agreement SLM ECFC 2006 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7November 30, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-10)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 10000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized OfficerSignatory for Purchaser) (Signature of Authorized Signatory for PurchaserOfficer) Name: Jxxx X. Xxxxxx Name: Title: Vice President Title: Date of Purchase: February 7July 20, 2008 2006 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7July 20, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC n Not in claims status, not previously rejected n Not in litigation n Last disbursement was on or before the Statistical Cutoff Date n Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority Corp of Maine Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-6)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Mellon Trust Company, Xxxxxxxx 00000 National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2008-7 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (the FundingSeller)) and The Bank of New York Mellon Trust Company, and National Association, formerly known as The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding the Seller under the Funding Interim Trust Agreement dated as of February 7July 2, 2008 between Funding (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Sale Agreement Number [ ] (the “Sale Agreement”) among the Seller, the Interim Eligible Lender Trustee, SLM Student Loan Trust 2008-7 (the “Purchaser”) and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as the Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase AgreementAdditional Sale Agreement related hereto. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Datedate of purchase. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2008-7)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7July 27, 2008 Purchase Agreement SLM ECFC 2005 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7July 1, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-6)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 12000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Xxnder Code: Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7May 19, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • n Not in claims status, not previously rejected n Not in litigation n Last disbursement was on or before the Statistical related Subsequent Cutoff Date n Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC[TO BE PROVIDED]

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-4)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Xxxx X. Xxxxxx Title: Title: Vice President Date of Purchase: February 723, 2008 2006 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 723, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority Corp of Maine Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxxxxx Xxx XxxxxxDrive Reston, Xxxxxxxx 00000 The Virginia 20193 Chase Manhattan Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Manhattan Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7June 1, 2008 2004 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Funding LLC)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Mellon Trust Company, Xxxxxxxx 00000 National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Bluemont Funding Eligible Lender Trustee for the benefit of Bluemont Funding LLC The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7August 5, 2008 Purchase Agreement SLM ECFC (BLUEMONT FUNDING) The undersigned (“SLM ECFCBluemont Funding”) and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Bluemont Funding Eligible Lender Trustee for the benefit of Bluemont Funding under the Bluemont Funding Interim Eligible Lender Trust Agreement, dated as of August 5, 2008 (the “Bluemont Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the Bluemont Funding Eligible Lender Trustee and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7August 5, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCBluemont Funding, including the insurance interest of SLM ECFC Bluemont Funding and the Bluemont Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Bluemont Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC Each of Bluemont Funding and the Bluemont Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC(BLUEMONT FUNDING)

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-8)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7August 11, 2008 Purchase Agreement SLM ECFC 2005 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7August 1, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-7)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Trust Company, Xxxxxxxx 00000 N.A., not in its individual capacity but solely as VG Funding Eligible Lender Trustee for the benefit of VG Funding, LLC Lender Code: 833 253 The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: Purchase Agreement (VG FUNDING) The undersigned (“VG Funding”) and The Bank of New York Trust Company, N.A., as VG Funding Eligible Lender Trustee for the benefit of VG Funding under the VG Funding Interim Eligible Lender Trust Agreement, dated as of February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFCthe VG Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Trust Company, N.A., N.A. as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCVG Funding, including the insurance interest of SLM ECFC VG Funding and the VG Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC VG Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC Each of VG Funding and the VG Funding Eligible Lender Trustee, authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC(VG FUNDING)

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement SLM ECFCECFC IN WITNESS WHEREOF, the parties hereto have caused this Additional Xxxx of Sale to be duly executed by their respective officers hereunto duly authorized, as of the day and year first above written.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7ADDITIONAL XXXX OF SALE DATED [ ], 2008 Purchase Agreement SLM ECFC 2007 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7March 15, 2008 2007 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement [TO BE PROVIDED] [SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCTO PROVIDE]

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2007-3)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2009-2 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned SLM Funding LLC (the “Seller”) and The Bank of New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of April 21, 2009 (“SLM ECFCInterim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Additional Sale Agreement Number 1 [ ] (the “Purchase Sale Agreement”) among the Seller, the Interim Eligible Lender Trustee, SLM Funding LLC Student Loan Trust 2009-2 (the FundingPurchaser), ) and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase AgreementAdditional Sale Agreement related hereto. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Datedate of purchase. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Cutoff Date • Loan is not swap-pending * *Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2009-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 12000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Xxnder Code: Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Jxxx X. Xxxxxx Title: Title: Vice President Date of Purchase: February 7May 19, 2008 Purchase Agreement SLM ECFC 2005 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7May 19, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • n Not in claims status, not previously rejected n Not in litigation n Last disbursement was on or before the Statistical Cutoff Date n Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCInc.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-4)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2012-1 Lender Code: 833 253 By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 19, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among 2012 SLM Funding LLC 0000 Xxxxxx Xxxxxx Drive Reston, Virginia 20191 Lender Code: By: /s/ Xxxx X. Xxxx (“Funding”), and Signature of Authorized Officer) Name: Xxxx X. Xxxx Title: Vice President Each of The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of SLM Funding under LLC (the “Seller”) and the Seller hereby offer for sale to each of The Bank of New York Mellon Trust Company, National Association, as Eligible Lender Trustee (the “Eligible Lender Trustee”) on behalf of SLM Student Loan Trust 2012-1 (the “Purchaser”), and the Purchaser, the entire right, title and interest of the Seller and the Interim Trust Agreement dated as Eligible Lender Trustee in the Loans described in the related Additional Xxxx of February 7Sale and the related Loan Transmittal Summary Form incorporated herein, 2008 between Funding and, to the extent indicated below, the Purchaser and the Eligible Lender Trustee on behalf of the Purchaser accept the Seller’s and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq’s offer.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Trust Company, Xxxxxxxx 00000 N.A., not in its individual capacity but solely as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding LLC The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7April 17, 2008 Purchase Agreement SLM ECFC (TOWN HALL FUNDING) The undersigned (“SLM ECFCTown Hall Funding”) and The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding under the Town Hall Funding Interim Eligible Lender Trust Agreement, dated as of April 17, 2008 (the “Town Hall Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the Town Hall Funding Eligible Lender Trustee and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7April 17, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCTown Hall Funding, including the insurance interest of SLM ECFC Town Hall Funding and the Town Hall Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Town Hall Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC Each of Town Hall Funding and the Town Hall Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC(TOWN HALL FUNDING)

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-4)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Trust Company, Xxxxxxxx 00000 N.A., not in its individual capacity but solely as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding LLC The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7April 30, 2008 Purchase Agreement SLM ECFC (TOWN HALL FUNDING) The undersigned (“SLM ECFCTown Hall Funding”) and The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding under the Town Hall Funding Interim Eligible Lender Trust Agreement, dated as of April 30, 2008 (the “Town Hall Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the Town Hall Funding Eligible Lender Trustee and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7April 30, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCTown Hall Funding, including the insurance interest of SLM ECFC Town Hall Funding and the Town Hall Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Town Hall Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC Each of Town Hall Funding and the Town Hall Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC(TOWN HALL FUNDING)

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-5)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: :____________________ By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 :_____________________________ Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 722, 2008 2007 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement SLM ECFCECFC IN WITNESS WHEREOF, the parties hereto have caused this Additional Xxxx of Sale to be duly executed by their respective officers hereunto duly authorized, as of the day and year first above written.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2007-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Trust Company, Xxxxxxxx 00000 N.A., not in its individual capacity but solely as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding LLC The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC (TOWN HALL FUNDING) The undersigned (“SLM ECFCTown Hall Funding”) and The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding under the Town Hall Funding Interim Eligible Lender Trust Agreement, dated as of April 17, 2008 (the “Town Hall Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Trust Company, N.A., N.A. as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7April 17, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCTown Hall Funding, including the insurance interest of SLM ECFC Town Hall Funding and the Town Hall Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Town Hall Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC Each of Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC Town Hall Funding • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCTown Hall Funding’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement Town Hall Funding [TO BE PROVIDED] [SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. TO PROVIDE] Purchase Agreement SLM ECFCTown Hall Funding

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-4)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Trust Company, Xxxxxxxx 00000 N.A., not in its individual capacity but solely as Town Center Funding Eligible Lender Trustee for the benefit of Town Center Funding LLC Lender Code: 833 253 The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7April 30, 2008 Purchase Agreement SLM ECFC (TOWN CENTER FUNDING) The undersigned (“SLM ECFCTown Center Funding”) and The Bank of New York Trust Company, N.A., as Town Center Funding Eligible Lender Trustee for the benefit of Town Center Funding under the Town Center Funding Interim Eligible Lender Trust Agreement, dated as of April 30, 2008 (the “Town Center Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the Town Center Funding Eligible Lender Trustee and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7April 30, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCTown Center Funding, including the insurance interest of SLM ECFC Town Center Funding and the Town Center Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Town Center Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC Each of Town Center Funding and the Town Center Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC(TOWN CENTER FUNDING)

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-5)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC 2 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7July 2, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. 2 [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement SLM ECFCECFC 3

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-7)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxChase USA, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2006-2 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Date of Purchase: February 723, 2008 Purchase 2006 Sale Agreement SLM ECFC The undersigned SLM Funding LLC (“SLM ECFCSeller”) and Chase Bank USA, National Association as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of February 1, 2006 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Initial Sale Agreement Number 1 (the Purchase Initial Sale Agreement”) among SLM Funding LLC (“Funding”)the Seller, and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does SLM Student Loan Trust 2006-2 (“Purchaser”) and Chase Bank USA, National Association as the Eligible Lender Trustee, do hereby sell, assign and convey to the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser has accepted for purchase. The portfolio of Initial Loans accepted for purchase by the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Sale Agreement. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding on behalf of the related Purchaser of the Initial Loans on the Closing Date. Purchase Sale Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Sale Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority Corp of Maine Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCSale Agreement

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2006-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 723, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2009-2 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7April 21, 2008 Purchase Agreement SLM ECFC 2009 The undersigned SLM Funding LLC (“SLM ECFCSeller”) and The Bank of New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of April 21, 2009 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Initial Sale Agreement Number 1 (the Purchase Initial Sale Agreement”) among the Seller, the Interim Eligible Lender Trustee, SLM Funding LLC Student Loan Trust 2009-2 (“FundingPurchaser), ) and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser has accepted for purchase. The portfolio of Initial Loans accepted for purchase by the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Sale Agreement. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding on behalf of the related Purchaser of the Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * *Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** *Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program College Assist Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCInc.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2009-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxChase USA, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC Chase Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2007-1 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 722, 2008 Purchase 2007 Sale Agreement SLM ECFC The undersigned SLM Funding LLC (“SLM ECFCSeller”) and Chase Bank USA, National Association as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of February 22, 2007 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Initial Sale Agreement Number 1 (the Purchase Initial Sale Agreement”) among SLM Funding LLC (“Funding”)the Seller, and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does SLM Student Loan Trust 2007-2 (“Purchaser”) and Chase Bank USA, National Association as the Eligible Lender Trustee, do hereby sell, assign and convey to the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser has accepted for purchase. The portfolio of Initial Loans accepted for purchase by the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Sale Agreement. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding on behalf of the related Purchaser of the Initial Loans on the Closing Date. Purchase Sale Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Sale Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Corp of Virginia Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Corporation Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Maryland Higher Education Loan Corporation Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program Nevada Department of Education New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation State Student Assistance Commission of Indiana Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCUtah Higher Education Assistance Authority Sale Agreement

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2007-2)

SELLER     PURCHASER. [SLM Education Credit Finance Corporation or VG Funding, LLC] 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Manhattan Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC XXXX OF SALE DATED [·] The undersigned (“[SLM ECFCECFC or VG FUNDING]”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Manhattan Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 [·] between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of [SLM ECFCECFC or VG FUNDING], including the insurance interest of [SLM ECFC or VG FUNDING] under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. [SLM ECFC or VG FUNDING] hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. [SLM ECFC or VG FUNDING] authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Funding LLC)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Xxxx X. Xxxxxx Name: Title: Vice President Title: Date of Purchase: February 7December 14, 2008 Purchase Agreement SLM ECFC 2005 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7December 14, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-10)

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SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7April 30, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement SLM ECFCECFC IN WITNESS WHEREOF, the parties hereto have caused this Additional Xxxx of Sale to be duly executed by their respective officers hereunto duly authorized, as of the day and year first above written.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-5)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2012-1 Lender Code: 833 253 By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 19, 2008 Purchase Agreement SLM ECFC 2012 The undersigned SLM Funding LLC (“SLM ECFCSeller”) and The Bank of New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of January 19, 2012 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Initial Sale Agreement Number 1 (the Purchase Initial Sale Agreement”) among the Seller, the Interim Eligible Lender Trustee, SLM Funding LLC Student Loan Trust 2012-1 (“FundingPurchaser), ) and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Purchaser and the Eligible Lender Trustee for Trustee, on behalf of the benefit of Funding Purchaser, and its assignees their assignees, without recourse except as provided in the Initial Sale Agreement, all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser has accepted for purchase. The portfolio of Initial Loans accepted for purchase by the Interim the Purchaser and the Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase AgreementSale Agreement with respect to the Loans being sold hereby. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding on behalf of the related Purchaser of the Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Bureau Office of Student Financial Assistance Georgia Higher Education Assistance Corp. Student Finance Commission Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New Mexico Student Loan Guarantee Corporation New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCInc.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 10000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized OfficerSignatory for Purchaser) (Signature of Authorized Signatory for PurchaserOfficer) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7July 20, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC n Not in claims status, not previously rejected n Not in litigation n Last disbursement was on or before the Statistical related Subsequent Cutoff Date n Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-6)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7March 15, 2008 Purchase Agreement SLM ECFC 2007 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7March 15, 2008 2007 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2007-3)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC _______________________________ The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7November 30, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority Corp of Maine Virginia Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCInc.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-10)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as VL Funding Eligible Lender Trustee for the benefit of VL Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 19, 2008 2012 VL Funding Purchase Agreement SLM ECFC 2 The undersigned (“SLM ECFCVL Funding”) and The Bank of New York Mellon Trust Company, National Association, as VL Funding Eligible Lender Trustee for the benefit of VL Funding under the VL Funding Interim Eligible Lender Trust Agreement, dated as of January 19, 2012 (the “VL Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the VL Funding Eligible Lender Trustee and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7January 19, 2008 2012 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to Funding and the Interim Eligible Lender Trustee Trustee, for the benefit of Funding Funding, and its assignees their assignees, without recourse except as provided in the Initial Purchase Agreement, all right, title and interest of SLM ECFCVL Funding and the VL Funding Eligible Lender Trustee, including the insurance interest of SLM ECFC VL Funding and the VL Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by Funding and the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC VL Funding hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase AgreementAgreement with respect to the Loans being sold hereby. SLM ECFC Each of VL Funding and the VL Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. VL Funding Purchase Agreement SLM ECFC 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCVL Funding’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. VL Funding Purchase Agreement SLM ECFC 2 American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Bureau Office of Student Financial Assistance Georgia Higher Education Assistance Corp. Student Finance Commission Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New Mexico Student Loan Guarantee Corporation New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. VL Funding Purchase Agreement SLM ECFC3

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7September 14, 2008 2006 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7September 14, 2008 2006 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2006-8)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2012-1 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (the FundingSeller”), and by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Additional Xxxx of Sale executed by the Seller in favor of The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including Student Loan Trust 2012-1 (the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.“Purchaser”), that and the Purchaser. This endorsement is in blank, unrestricted form and without recourse except as provided in Section 6 of the Master Sale Terms referred to in the Additional Sale Agreement among the Seller, the Purchaser, the Interim Eligible Lender Trustee and the Eligible Lender Trustee which covers the promissory note (the “Additional Sale Agreement”). This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of the Notes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase the Seller agrees to individually endorse each Note in the form provided by the Interim Eligible Lender Trustee for Purchaser as the benefit of Funding and Purchaser may from time to time require or if such individual endorsement is required by the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 Guarantor of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCNote.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7July 2, 2008 Purchase Agreement SLM ECFC 2 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7July 2, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC 2 American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Utah Higher Education Assistance Authority Purchase Agreement SLM ECFCECFC 3

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-7)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: By: (Signature of Authorized Officer) /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized Signatory for Purchaser) By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized Signatory for Seller) Name: Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 19, 2008 2012 Town Hall Funding Purchase Agreement SLM ECFC 2 The undersigned (“SLM ECFCTown Hall Funding”) and The Bank of New York Mellon Trust Company, National Association, as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding under the Town Hall Funding Interim Eligible Lender Trust Agreement, dated as of January 19, 2012 (the “Town Hall Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the Town Hall Funding Eligible Lender Trustee and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7January 19, 2008 2012 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to Funding and the Interim Eligible Lender Trustee Trustee, for the benefit of Funding Funding, and its assignees their assignees, without recourse except as provided in the Initial Purchase Agreement, all right, title and interest of SLM ECFCTown Hall Funding and the Town Hall Funding Eligible Lender Trustee, including the insurance interest of SLM ECFC Town Hall Funding and the Town Hall Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by Funding and the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Town Hall Funding hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase AgreementAgreement with respect to the Loans being sold hereby. SLM ECFC Each of Town Hall Funding and the Town Hall Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Town Hall Funding Purchase Agreement SLM ECFC 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCTown Hall Funding’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Town Hall Funding Purchase Agreement SLM ECFC 2 American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Bureau Office of Student Financial Assistance Georgia Higher Education Assistance Corp. Student Finance Commission Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New Mexico Student Loan Guarantee Corporation New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Town Hall Funding Purchase Agreement SLM ECFC3

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxChase Manhattan Bank USA, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC Chase Manhattan Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2005-1 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 27, 2008 Purchase Agreement SLM ECFC 2005 The undersigned SLM Funding LLC (“SLM ECFCSeller”) and Chase Manhattan Bank USA, National Association as Interim Eligible Lender Trustee for the benefit of the Seller under the Interim Trust Agreement dated as of January 1, 2005 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Sale Agreement Number 1 (the Purchase Sale Agreement”) among SLM Funding LLC (“Funding”)the Seller, and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does SLM Student Loan Trust 2005-1 (“Purchaser”) and Chase Manhattan Bank USA, National Association as the Eligible Lender Trustee, do hereby sell, assign and convey to the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and its assignees all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Sale Agreement. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for on behalf of the benefit of Funding Purchaser of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation of Virginia Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Corporation Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kansas United Student Aid Funds Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Maryland Higher Education Loan Corporation Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon State Scholarship Commission Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCUtah Higher Education Assistance Authority

Appears in 1 contract

Samples: Sale Agreement (SLM Funding LLC)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx0000 Xxxxxx Xxxxxx Drive Reston, Xxxxxxxx 00000 Virginia 20191 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: ________________________________________ By: (Signature of Authorized Officer) ____________________________ (Signature of Authorized Signatory for Purchaser) (Signature of Authorized Officer) Name: Name: Title: Title: Date of Purchase: February 7, 2008 SLM ECFC Purchase Agreement SLM ECFC 2 The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7January 19, 2008 2012 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to Funding and the Interim Eligible Lender Trustee for the benefit of Funding Funding, and its assignees their assignees, without recourse except as provided in the Additional Purchase Agreement, all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by Funding and the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto with respect to the Additional Loans being sold hereby. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. SLM ECFC Purchase Agreement SLM ECFC 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. SLM ECFC Purchase Agreement SLM ECFC 2 American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Bureau Office of Student Financial Assistance Georgia Higher Education Assistance Corp. Student Finance Commission Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New Mexico Student Loan Guarantee Corporation New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. SLM ECFC Purchase Agreement SLM ECFC3

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxThe Bank of New York Trust Company, Xxxxxxxx 00000 N.A., not in its individual capacity but solely as VG Funding Eligible Lender Trustee for the benefit of VG Funding, LLC Lender Code: 833 253 The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC (VG FUNDING) The undersigned (“SLM ECFCVG Funding”) and The Bank of New York Trust Company, N.A., as VG Funding Eligible Lender Trustee for the benefit of VG Funding under the VG Funding Interim Eligible Lender Trust Agreement, dated as of February 7, 2008 (the “VG Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the VG Funding Eligible Lender Trustee and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCVG Funding, including the insurance interest of SLM ECFC VG Funding and the VG Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC VG Funding hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC Each of VG Funding and the VG Funding Eligible Lender Trustee authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFC.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxChase Manhattan Bank USA, Xxxxxxxx 00000 The National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of VG Funding, LLC Chase Manhattan Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: ________________________________________ By: ________________________________________________ By: ________________________________________________ (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Xxxx X. Xxxxxx Name: Xxxx X. Xxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 27, 2008 Purchase Agreement SLM ECFC 2005 The undersigned (“SLM ECFCVG FUNDING”) and Chase Manhattan Bank USA, National Association, as Interim Eligible Lender Trustee for the benefit of VG funding (the “VG Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), the Servicer and The Chase Manhattan Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7January 1, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFCVG Funding and the VG Funding Eligible Lender Trustee, including the insurance interest of SLM ECFC VG Funding and the VG Funding Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC VG Funding hereby makes the representations and warranties set forth in Section 5 5(A) and (B) the Servicer hereby makes the representations and warranties set forth in Section 5(C) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes VG Funding and the VG Funding Eligible Lender Trustee for the benefit of VG Funding authorize the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority date of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCpurchase.

Appears in 1 contract

Samples: Purchase Agreement (SLM Funding LLC)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2012-1 Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned SLM Funding LLC (the “Seller”) and The Bank of New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee for the benefit of the Seller under the Funding Interim Trust Agreement dated as of January 19, 2012 (“SLM ECFCInterim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Additional Sale Agreement Number [ ] (the “Sale Agreement”) among the Seller, the Interim Eligible Lender Trustee, SLM Student Loan Trust 2012-1 (the “Purchase AgreementPurchaser”) among SLM Funding LLC (“Funding”), and The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Purchaser and the Eligible Lender Trustee Trustee, for the benefit of Funding the Purchaser, and its assignees their assignees, without recourse except as provided in the Additional Purchase Agreement, all right, title and interest of SLM ECFCthe Seller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC the Seller under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Purchaser and the Eligible Lender Trustee for the benefit of Funding the Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC The Seller hereby makes the representations and warranties set forth in Section 5 Sections 5(A) and 5(B) of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase AgreementAdditional Sale Agreement related hereto with respect to the Additional Loans being sold hereby. SLM ECFC authorizes The Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding the Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding the Purchaser of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Datedate of purchase. Purchase Sale Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Cutoff Date • Loan is not swap-pending * Based upon SLM ECFCthe Seller’s estimated calculations, which may be adjusted upward or downward based upon Fundingthe Purchaser’s reconciliation. ** Includes interest to be capitalized. Purchase Sale Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Bureau Office of Student Financial Assistance Georgia Higher Education Assistance Corp. Student Finance Commission Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey Office of Higher Education Student Assistance Authority New Mexico Student Loan Guarantee Corporation New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCSale Agreement

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2012-1)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Chase Bank of New York Trust CompanyUSA, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number 1 [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Chase Bank of New York Trust CompanyUSA, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7December 14, 2008 2005 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Additional Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Additional Purchase AgreementAgreement related hereto. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial portfolio of Additional Loans accepted for purchase, on the Closing Purchase Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical related Subsequent Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement [TO BE PROVIDED] [SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCTO PROVIDE]

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2005-10)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Lender Code: 833 253 By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (the FundingSeller”), and by execution of this instrument, hereby endorses the attached promissory note which is one (1) of the promissory notes (the “Notes”) described in the Additional Xxxx of Sale executed by the Seller in favor of The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding SLM Student Loan Trust 2009-2 (the “Purchaser”). This endorsement is in blank, unrestricted form and its assignees all rightwithout recourse except as provided in Section 6 of the Master Sale Terms referred to in the Additional Sale Agreement among the Seller, title the Purchaser, the Interim Eligible Lender Trustee and interest the Eligible Lender Trustee which covers the promissory note (the “Additional Sale Agreement”). This endorsement may be effected by attaching either this instrument or a facsimile hereof to each or any of SLM ECFCthe Notes. Notwithstanding the foregoing, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase the Seller agrees to individually endorse each Note in the form provided by the Interim Eligible Lender Trustee for Purchaser as the benefit of Funding and Purchaser may from time to time require or if such individual endorsement is required by the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 Guarantor of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCNote.

Appears in 1 contract

Samples: Sale Agreement (SLM Student Loan Trust 2009-2)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx XxxxxxChase Manhattan Bank USA, Xxxxxxxx 00000 The Bank of New York Trust Company, N.A.National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit Benefit of SLM Funding LLC Chase Manhattan Bank USA, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 2003-14 Lender Code: 833 253 By: By: (Signature of Authorized OfficerSignatory for Purchaser) (Signature of Authorized Signatory for PurchaserOfficer) Name: Name: Title: Title: Date of Purchase: February 7, 2008 Purchase Agreement SLM ECFC The undersigned SLM Funding LLC (“SLM ECFCSeller”) and Chase Manhattan Bank USA, National Association as Interim Eligible Lender Trustee for the benefit of the Seller under the Interim Trust Agreement dated as of December 1, 2003 (“Interim Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Purchase Sale Agreement Number 1 (the Purchase Sale Agreement”) among SLM Funding LLC (“Funding”)Seller, and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7, 2008 between Funding and the Interim Eligible Lender Trustee, does SLM Student Loan Trust 2003-14 (“Purchaser”) and Chase Manhattan Bank USA, National Association as the Eligible Lender Trustee, do hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit on behalf of Funding Purchaser and its assignees all right, title and interest of SLM ECFCSeller and the Interim Eligible Lender Trustee, including the insurance interest of SLM ECFC Seller and the Interim Eligible Lender Trustee under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that in the Interim Loans identified herein which the Eligible Lender Trustee for the benefit on behalf of Funding Purchaser has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit on behalf of Funding Purchaser and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC Seller hereby makes the representations and warranties set forth in Section 5 of the Purchase Sale Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Sale Agreement. SLM ECFC authorizes Seller and the Interim Eligible Lender Trustee authorize the Eligible Lender Trustee on behalf of Funding Purchaser to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit on behalf of Funding Purchaser of the related Initial Loans on the Closing Datedate of purchase. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on 90 days or before the Statistical Cutoff Date more from cutoff date • Loan is not swap-pending * *Based upon SLM ECFCSeller’s estimated calculations, which may be adjusted upward or downward based upon FundingPurchaser’s reconciliation. ** *Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Higher Education Student Assistance Authority New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Oregon Student Assistance Commission Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCInc.

Appears in 1 contract

Samples: Sale Agreement (SLM Funding LLC)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Trust Company, Corporation N.A., not in its individual capacity but 00000 Xxxxxxxx Xxx solely as Interim Eligible Lender Trustee Xxxxxx, Xxxxxxxx 00000 for the benefit of SLM Funding LLC Lender Code: By: By: (Signature of Authorized Officer) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: February 7April 30, 2008 Purchase Agreement SLM ECFC The undersigned (“SLM ECFC”), for value received and pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7April 30, 2008 between Funding and the Interim Eligible Lender Trustee, does hereby sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM Utah Higher Education Assistance Xxxxxxxxx Xxxxxxxx Xxxxxxxxx XXX ECFC

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2008-5)

SELLER     PURCHASER. SLM Education Credit Finance Corporation 00000 Xxxxxxxx Xxx Xxxxxx, Xxxxxxxx 00000 The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall Funding LLC The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee for the benefit of SLM Funding LLC Lender Code: 833 253 By: /s/ Xxxxxxx X. Xxxxxxx By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized OfficerSignatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Xxxxxxx X. Xxxxxxx Name: Xxxxxxx X. Xxxxxxx Title: Vice President Title: Vice President Date of Purchase: February 7January 19, 2008 2012 Town Hall Funding LLC By: /s/ Xxxxxxx X. Xxxxxxx (Signature of Authorized Signatory for Seller) Name: Xxxxxxx X. Xxxxxxx Title: Vice President Town Hall Funding Xxxxxxxx Xxxxxxxxx 0 XXX Funding LLC 0000 Xxxxxx Xxxxxx Drive Reston, Virginia 20191 By: /s/ Xxxx X. Xxxx (Signature of Authorized Officer) Name: Xxxx X. Xxxx Title: Vice President Date of Purchase: January 19, 2012 Town Hall Funding Purchase Agreement SLM ECFC 5 Each of The undersigned Bank of New York Mellon Trust Company, National Association, as Town Hall Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Funding LLC (“SLM ECFCTown Hall Funding”), under the Town Hall Funding Interim Trust Agreement, dated as of January 19, 2012, between Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for value received and pursuant sale to the terms and conditions The Bank of Purchase Agreement Number 1 New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee (the “Purchase AgreementInterim Eligible Lender Trustee”) among for the benefit of SLM Funding Funding, LLC (“Funding”), and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of Funding under the Interim Trust Agreement dated as of February 7January 19, 2008 2012 between Funding and the Interim Eligible Lender Trustee, does hereby selland Funding, assign the entire right, title and convey interest of Town Hall Funding in the Loans described in the related Additional Xxxx of Sale and the related Loan Transmittal Summary Form incorporated herein, and, to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all right, title and interest of SLM ECFC, including the insurance interest of SLM ECFC under the Federal Family Education Loan Program (20 U.S.C. 1071 et seq.), that the Interim Eligible Lender Trustee for the benefit of Funding has accepted for purchase. The portfolio of Loans accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding and the effective date of sale and purchase are described below and the individual accounts are listed on the Schedule A attached hereto. SLM ECFC hereby makes the representations and warranties set forth in Section 5 of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Initial Purchase Agreement. SLM ECFC authorizes the Interim Eligible Lender Trustee on behalf of Funding to use a copy of this document (in lieu of OE Form 1074) as official notification to the Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the related Initial Loans on the Closing Date. Purchase Agreement SLM ECFC • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon SLM ECFC’s estimated calculations, which may be adjusted upward or downward based upon accepts Town Hall Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement SLM ECFC American Student Assistance Arizona Educational Loan Program California Student Aid Commission Colorado Student Loan Program Connecticut Student Loan Foundation Educational Credit Management Corporation Finance Authority of Maine Florida Bureau of Student Financial Assistance Georgia Higher Education Assistance Corp. Great Lakes Higher Education Corporation Illinois Student Assistance Commission Iowa College Student Aid Commission Kentucky Higher Education Assistance Authority Louisiana Office of Student Financial Assistance Michigan Guaranty Agency Mississippi Guaranteed Student Loan Agency Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey Office of Student Assistance New York State Higher Education Services Corporation Northwest Education Loan Association Oklahoma Guaranteed Student Loan Program Pennsylvania Higher Education Assistance Agency Rhode Island Higher Education Assistance Authority South Dakota Education Assistance Corporation Student Loan Guarantee Foundation of Arkansas, Inc. Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Purchase Agreement SLM ECFCoffer.

Appears in 1 contract

Samples: Purchase Agreement (SLM Student Loan Trust 2012-1)

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