Common use of SELLER     PURCHASER Clause in Contracts

SELLER     PURCHASER. The Bank of New York Trust Company, 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Purchase Agreement (TOWN HALL FUNDING) Each of The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim Trust Agreement, dated as of April 17, 2008, between Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 17, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and 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 accepts Town Hall Funding’s offer.

Appears in 1 contract

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

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SELLER     PURCHASER. 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, 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: 833 253 By: (Signature of Authorized Signatory for Purchaser) By: (Signature of Authorized Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Town Hall Funding Purchase Agreement 2 The undersigned (TOWN HALL FUNDING“Town Hall Funding”) Each of and The Bank of New York Mellon Trust Company, N.A.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 Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and The Bank of New York Mellon Trust Company, National Association, as Interim Eligible Lender Trustee for the benefit of Town Hall Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim Trust Agreement, Agreement dated as of April 17January 19, 20082012 between Funding and the Interim Eligible Lender Trustee, between do hereby sell, assign and convey to Funding and the Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, without recourse except as provided in the Additional Purchase Agreement, all right, title and interest of Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for including the benefit of SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 17, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and insurance interest of Town Hall Funding in the Loans described in the related Additional Xxxx of Sale and the related Town Hall Funding Eligible Lender Trustee under the Federal Family Education Loan Transmittal Summary Form incorporated hereinProgram (20 U.S.C. 1071 et seq.), and, to the extent indicated below, that the Interim Eligible Lender Trustee for the benefit of Funding accepts 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. Town Hall Funding hereby makes the representations and warranties set forth in Sections 5(A) and 5(B) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Additional Purchase Agreement related hereto with respect to the Additional Loans being sold hereby. 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 portfolio of Additional Loans accepted for purchase, on the Purchase Date. Town Hall Funding Purchase Agreement 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon Town Hall Funding’s offer.estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Town Hall Funding Purchase Agreement 2 American Student Assistance College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Office of Student Financial Assistance Georgia 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 Missouri Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey 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 Student Loan Guarantee Foundation of Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Town Hall Funding Purchase Agreement 3

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Center Funding Eligible Lender Trustee for the benefit of Town Hall Center 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17July 2, 2008 Purchase Agreement (TOWN HALL CENTER FUNDING) Each 2 The undersigned (“Town Center 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 Town Hall Center Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Center Funding LLC (“Town Hall Funding”), under the Town Hall Center Funding Interim Eligible Lender Trust Agreement, dated as of April 17July 2, 2008, between 2008 (the “Town Hall Funding and the Town Hall 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 Hall Center Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts and its assignees all right, title and interest of Town Hall Center Funding’s offer, including the insurance interest of 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. 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. 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 (TOWN CENTER FUNDING) 1

Appears in 1 contract

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

SELLER     PURCHASER. The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall Bluemont 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 1730, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) Each of The undersigned (“Bluemont Funding”) and The Bank of New York Trust Company, N.A., as Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Funding”), under the Town Hall Bluemont Funding Interim Eligible Lender Trust Agreement, dated as of April 1730, 2008, between Town Hall Funding and 2008 (the Town Hall “Bluemont Funding Eligible Lender Trustee”), for value received and Town Hall pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding hereby offer for sale to LLC (“Funding”), the Bluemont Funding Eligible Lender Trustee and The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 1730, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts Town Hall and its assignees all right, title and interest of Bluemont Funding’s offer, including the insurance interest of 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. 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. 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 (BLUEMONT FUNDING)

Appears in 1 contract

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

SELLER     PURCHASER. The Bank of New York Trust Company, 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 1730, 2008 Purchase Agreement (TOWN HALL FUNDING) Each of The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim Trust Agreement, dated as of April 1730, 2008, between Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 1730, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and 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 accepts Town Hall Funding’s offer.

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall 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: (Signature of Authorized Signatory for Purchaser) By: (Signature of Authorized Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) Each 2 The undersigned (“Bluemont 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 Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Funding”), under the Town Hall Bluemont Funding Interim Eligible Lender Trust Agreement, dated as of April 17July 2, 2008, between Town Hall Funding and 2008 (the Town Hall “Bluemont Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and Town Hall Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts Town Hall and its assignees all right, title and interest of Bluemont Funding, including the insurance interest of 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 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. 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 Additional Purchase Agreement related hereto. 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 applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the portfolio of Additional Loans accepted for purchase, on the Purchase Date. Purchase Agreement Bluemont Funding 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon Bluemont Funding’s offer.estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement Bluemont Funding 2 [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement Bluemont Funding 3

Appears in 1 contract

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

SELLER     PURCHASER. The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Town Hall Center Funding Eligible Lender Trustee for the benefit of Town Hall 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: 833 253 By: By: (Signature of Authorized Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 1730, 2008 Purchase Agreement (TOWN HALL CENTER FUNDING) Each of The Bank of New York Trust Company, N.A., as Town Hall Center Funding Eligible Lender Trustee (the “Town Hall Center Funding Eligible Lender Trustee”) for the benefit of Town Hall Center Funding LLC (“Town Hall Center Funding”), under the Town Hall Center Funding Interim Trust Agreement, dated as of April 1730, 2008, between Town Hall Center Funding and the Town Hall Center Funding Eligible Lender Trustee, and Town Hall Center Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 1730, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and interest of Town Hall Center 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 accepts Town Hall Center Funding’s offer.

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Purchase Agreement (TOWN HALL FUNDING) Each 2 The undersigned (“Town Hall 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 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 July 2, 2008 (the “Town Hall Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) for the benefit of Town Hall among SLM Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim and The Bank of New York Mellon Trust AgreementCompany, dated National Association, formerly known as of April 17, 2008, between Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts and its assignees all right, title and interest of Town Hall Funding, including the insurance interest of 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. 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 Additional Purchase Agreement related hereto. 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 portfolio of Additional Loans accepted for purchase, on the Purchase Date. Purchase Agreement Town Hall Funding 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon Town Hall Funding’s offer.estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement Town Hall Funding 2 [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement Town Hall Funding 3

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Center Funding Eligible Lender Trustee for the benefit of Town Hall Center 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Purchase Agreement (TOWN HALL CENTER FUNDING) Each 2 The undersigned (“Town Center 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 Town Hall Center Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Center Funding LLC (“Town Hall Funding”), under the Town Hall Center Funding Interim Eligible Lender Trust Agreement, dated as of April 17July 2, 2008, between 2008 (the “Town Hall Funding and the Town Hall Center Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and Town Hall Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts and its assignees all right, title and interest of Town Hall Center Funding, including the insurance interest of 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 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. 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 Additional Purchase Agreement related hereto. 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 applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the portfolio of Additional Loans accepted for purchase, on the Purchase Date. Purchase Agreement Town Center Funding 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon Town Center Funding’s offerestimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement Town Center Funding 2 [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement Town Center Funding 3 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 2008-7)

SELLER     PURCHASER. The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Town Hall VL Funding Eligible Lender Trustee for the benefit of Town Hall VL Funding LLC 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: 833 253 By: By: (Signature of Authorized Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 VL Funding Purchase Agreement 2 The undersigned (TOWN HALL FUNDING“VL Funding”) Each of and The Bank of New York Mellon Trust Company, N.A.National Association, as Town Hall VL Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall VL Funding LLC (“Town Hall Funding”), under the Town Hall VL Funding Interim Eligible Lender Trust Agreement, dated as of April 17January 19, 2008, between Town Hall Funding and 2012 (the Town Hall “VL Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and Town Hall Funding hereby offer for sale to The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17January 19, 2008 2012 between the Purchaser Funding and the Interim Eligible Lender Trustee, do hereby sell, assign and convey to Funding and the entire Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, without recourse except as provided in the Additional Purchase Agreement, all right, title and interest of Town Hall VL Funding in the Loans described in the related Additional Xxxx of Sale and the related VL Funding Eligible Lender Trustee, including the insurance interest of VL Funding and the VL Funding Eligible Lender Trustee under the Federal Family Education Loan Transmittal Summary Form incorporated hereinProgram (20 U.S.C. 1071 et seq.), and, to the extent indicated below, that the Interim Eligible Lender Trustee for the benefit of Funding accepts Town Hall 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. VL Funding hereby makes the representations and warranties set forth in Sections 5(A) and 5(B) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Additional Purchase Agreement related hereto with respect to the Additional Loans being sold hereby. 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 applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the portfolio of Additional Loans accepted for purchase, on the Purchase Date. VL Funding Purchase Agreement 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon VL Funding’s offerestimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. VL Funding Purchase Agreement 2 American Student Assistance College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Office of Student Financial Assistance Georgia 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 Missouri Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey 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 Student Loan Guarantee Foundation of Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. VL Funding Purchase Agreement 3 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 2012-1)

SELLER     PURCHASER. The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely as Town Hall Center Funding Eligible Lender Trustee for the benefit of Town Hall Center Funding LLC 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: 833 253 By: By: (Signature of Authorized Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Town Center Funding Purchase Agreement 2 The undersigned (TOWN HALL FUNDING“Town Center Funding”) Each of and The Bank of New York Mellon Trust Company, N.A.National Association, as Town Hall Center Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Center Funding LLC (“Town Hall Funding”), under the Town Hall Center Funding Interim Eligible Lender Trust Agreement, dated as of April 17January 19, 2008, between 2012 (the “Town Hall Funding and the Town Hall Center Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and Town Hall Funding hereby offer for sale to The Bank of New York Mellon Trust Company, N.A.National Association, as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17January 19, 2008 2012 between the Purchaser Funding and the Interim Eligible Lender Trustee, do hereby sell, assign and convey to Funding and the entire Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, without recourse except as provided in the Additional Purchase Agreement, all right, title and interest of Town Hall Center Funding in the Loans described in the related Additional Xxxx of Sale and the related Town Center Funding Eligible Lender Trustee, including the insurance interest of Town Center Funding and the Town Center Funding Eligible Lender Trustee under the Federal Family Education Loan Transmittal Summary Form incorporated hereinProgram (20 U.S.C. 1071 et seq.), and, to the extent indicated below, that the Interim Eligible Lender Trustee for the benefit of Funding accepts 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. Town Hall Center Funding hereby makes the representations and warranties set forth in Sections 5(A) and 5(B) of the Purchase Agreement Master Securitization Terms Number 1000 incorporated by reference in the Additional Purchase Agreement related hereto with respect to the Additional Loans being sold hereby. 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 applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the portfolio of Additional Loans accepted for purchase, on the Purchase Date. Town Center Funding Purchase Agreement 1 • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon Town Center Funding’s offer.estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Town Center Funding Purchase Agreement 2 American Student Assistance College Assist Educational Credit Management Corporation Finance Authority of Maine Florida Office of Student Financial Assistance Georgia 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 Missouri Department of Higher Education Montana Guaranteed Student Loan Program Nebraska National Student Loan Program New Hampshire Higher Education Assistance Foundation New Jersey 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 Student Loan Guarantee Foundation of Arkansas Tennessee Student Assistance Corporation Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Town Center Funding Purchase Agreement 3

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17July 2, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) 4 Each of The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Bluemont Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Bluemont Funding”), under the Town Hall Bluemont Funding Interim Trust Agreement, dated as of April 17July 2, 2008, between Town Hall Bluemont Funding and the Town Hall Bluemont Funding Eligible Lender Trustee, and Town Hall Bluemont Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and interest of Town Hall Bluemont 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 accepts Town Hall Bluemont Funding’s offer.

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Center Funding Eligible Lender Trustee for the benefit of Town Hall Center 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17July 2, 2008 Purchase Agreement (TOWN HALL CENTER FUNDING) 4 Each of The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Town Hall Center Funding Eligible Lender Trustee (the “Town Hall Center Funding Eligible Lender Trustee”) for the benefit of Town Hall Center Funding LLC (“Town Hall Center Funding”), under the Town Hall Center Funding Interim Trust Agreement, dated as of April 17July 2, 2008, between Town Hall Center Funding and the Town Hall Center Funding Eligible Lender Trustee, and Town Hall Center Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and interest of Town Hall Center 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 accepts Town Hall Center Funding’s offer.

Appears in 1 contract

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

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SELLER     PURCHASER. 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 individualcapacity but solely as Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) Each The undersigned (“Bluemont 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 Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Funding”), under the Town Hall Bluemont Funding Interim Eligible Lender Trust Agreement, dated as of April 17August 5, 2008, between Town Hall Funding and 2008 (the Town Hall “Bluemont Funding Eligible Lender Trustee”), for value received and pursuant to the terms and conditions of Additional Purchase Agreement Number [ ] (the “Purchase Agreement”) among SLM Funding LLC (“Funding”), and Town Hall Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17August 5, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts Town Hall and its assignees all right, title and interest of Bluemont Funding, including the insurance interest of 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 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. 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 Additional Purchase Agreement related hereto. 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 applicable Guarantor(s) of assignment to the Interim Eligible Lender Trustee for the benefit of Funding of the portfolio of Additional Loans accepted for purchase, on the Purchase Date. Purchase Agreement Bluemont Funding • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the related Subsequent Cutoff Date • Loan is not swap-pending * Based upon Bluemont Funding’s offerestimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement Bluemont Funding [TO BE PROVIDED] [SLM TO PROVIDE] Purchase Agreement Bluemont Funding 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 2008-8)

SELLER     PURCHASER. 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 Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17July 2, 2008 Purchase Agreement (TOWN HALL FUNDING) 4 Each of The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim Trust Agreement, dated as of April 17July 2, 2008, between Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and 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 accepts Town Hall Funding’s offer.

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17August 5, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) Each of The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., as Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Bluemont Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Bluemont Funding”), under the Town Hall Bluemont Funding Interim Trust Agreement, dated as of April 17August 5, 2008, between Town Hall Bluemont Funding and the Town Hall Bluemont Funding Eligible Lender Trustee, and Town Hall Bluemont Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 17August 5, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and interest of Town Hall Bluemont 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 accepts Town Hall Bluemont Funding’s offer.

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17July 2, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) Each 2 The undersigned (“Bluemont 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 Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Funding”), under the Town Hall Bluemont Funding Interim Eligible Lender Trust Agreement, dated as of April 17July 2, 2008, between Town Hall Funding and 2008 (the Town Hall “Bluemont Funding Eligible Lender Trustee”), for value received and Town Hall pursuant to the terms and conditions of Purchase Agreement Number 1 (the “Purchase Agreement”) among SLM Funding hereby offer for sale to 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 SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts Town Hall and its assignees all right, title and interest of Bluemont Funding, including the insurance interest of 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. 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. 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 (BLUEMONT FUNDING) 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 Bluemont Funding’s offer.estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation. ** Includes interest to be capitalized. Purchase Agreement (BLUEMONT FUNDING) 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 Missouri Student Loan Program Montana Guaranteed Student Loan Program Nebraska Student Loan Program New Jersey 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 Texas Guaranteed Student Loan Corporation United Student Aid Funds, Inc. Utah Higher Education Assistance Authority Purchase Agreement (BLUEMONT FUNDING) 3

Appears in 1 contract

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

SELLER     PURCHASER. 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 Town Hall Funding Eligible Lender Trustee for the benefit of Town Hall 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 17July 2, 2008 Purchase Agreement (TOWN HALL FUNDING) Each 2 The undersigned (“Town Hall 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 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 July 2, 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”) for the benefit of Town Hall among SLM Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim Trust Agreement, dated as of April 17, 2008, between Town Hall Funding and the Town Hall Funding Eligible Lender TrusteeTrustee and The Bank of New York Mellon Trust Company, and Town Hall Funding hereby offer for sale to National Association, formerly known as The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), Funding under the Interim Trust Agreement dated as of April 17July 2, 2008 between the Purchaser Funding and the Interim Eligible Lender Trustee, the entire rightdo hereby sell, title assign and 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, convey to the extent indicated below, the Interim Eligible Lender Trustee for the benefit of Funding accepts and its assignees all right, title and interest of Town Hall Funding’s offer, including the insurance interest of 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. 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. 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 (TOWN HALL FUNDING) 1

Appears in 1 contract

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

SELLER     PURCHASER. The Bank of New York Mellon Trust Company, N.A.National Association, not in its individual capacity but solely formerly known 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 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 Signatory for SellerOfficer) (Signature of Authorized Signatory for the Purchaser) Name: Name: Title: Title: Date of Purchase: April 17SLM Funding LLC (the “Seller”), 2008 Purchase Agreement by execution of this instrument, hereby endorses the attached promissory note which is one (TOWN HALL FUNDING1) Each 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, National Association, formerly known as The Bank of New York Trust Company, N.A., as Town Hall Funding Eligible Lender Trustee (the “Town Hall Funding Eligible Lender Trustee”) for the benefit of Town Hall Funding LLC (“Town Hall Funding”), under the Town Hall Funding Interim Trust Agreement, dated as of April 17, 2008, between Town Hall Funding and the Town Hall Funding Eligible Lender Trustee, and Town Hall Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC Student Loan Trust 2008-7 (the FundingPurchaser”). This endorsement is in blank, under unrestricted form and without recourse except as provided in Section 6 of the Interim Trust Master Sale Terms referred to in the Additional Sale Agreement dated as of April 17among the Seller, 2008 between the Purchaser and Purchaser, the Interim Eligible Lender Trustee, the entire right, title and interest of Town Hall Funding in the Loans described in the related Additional Xxxx of Sale Trustee and the related Loan Transmittal Summary Form incorporated herein, and, 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 extent indicated belowNotes. Notwithstanding the foregoing, the Interim Eligible Lender Trustee for the benefit of Funding accepts Town Hall Funding’s offerthe Seller agrees to individually endorse each Note in the form provided by the Purchaser as the Purchaser may from time to time require or if such individual endorsement is required by the Guarantor of the Note.

Appears in 1 contract

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

SELLER     PURCHASER. The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Town Hall Bluemont Funding Eligible Lender Trustee for the benefit of Town Hall Bluemont 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 Signatory for Seller) (Signature of Authorized Signatory for Purchaser) Name: Name: Title: Title: Date of Purchase: April 1730, 2008 Purchase Agreement (TOWN HALL BLUEMONT FUNDING) Each of The Bank of New York Trust Company, N.A., as Town Hall Bluemont Funding Eligible Lender Trustee (the “Town Hall Bluemont Funding Eligible Lender Trustee”) for the benefit of Town Hall Bluemont Funding LLC (“Town Hall Bluemont Funding”), under the Town Hall Bluemont Funding Interim Trust Agreement, dated as of April 1730, 2008, between Town Hall Bluemont Funding and the Town Hall Bluemont Funding Eligible Lender Trustee, and Town Hall Bluemont Funding hereby offer for sale to The Bank of New York Trust Company, N.A., as Interim Eligible Lender Trustee for the benefit of SLM Funding, LLC (“Funding”), under the Interim Trust Agreement dated as of April 1730, 2008 between the Purchaser and the Interim Eligible Lender Trustee, the entire right, title and interest of Town Hall Bluemont 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 accepts Town Hall Bluemont Funding’s offer.

Appears in 1 contract

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

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