Settlement of the Initial Payment. On the Closing Date, SLC Receivables shall pay to SLC the Initial Payment by wire transfer in immediately available funds to the account specified by SLC.
Appears in 7 contracts
Samples: Master Terms Purchase Agreement (SLC Student Loan Trust 2010-1), Master Terms Purchase Agreement (SLC Student Loan Receivables I Inc), Master Terms Purchase Agreement (SLC Student Loan Trust 2009-3)
Settlement of the Initial Payment. On the Closing Date, SLC Receivables shall pay to SLC the Initial Payment by wire transfer in of immediately available funds to the account specified by SLC.
Appears in 4 contracts
Samples: Master Terms Purchase Agreement, Master Terms Purchase Agreement (SLC Private Student Loan Trust 2006-A), Master Terms Purchase Agreement (SLC Student Loan Trust 2007-2)
