Common use of Statement by Trustee of Funds and Accounts and Other Matters Clause in Contracts

Statement by Trustee of Funds and Accounts and Other Matters. Not more than thirty (30) days after the close of each Fiscal Year the Trustee shall furnish the Corporation and any Noteholder or Other Beneficiary filing with the Trustee a written request for a copy, a statement setting forth (to the extent applicable) in respect to such Fiscal Year, (a) all transactions relating to the receipt, disbursement and application of all moneys received by the Trustee pursuant to all terms of this Indenture, (b) the Balances held by the Trustee and any Deposit Agent at the end of such Fiscal Year to the credit of each Fund and Account, (c) a brief description of all moneys, Student Loans and Investment Securities held by the Trustee and any Deposit Agent as part of the Balance of each Fund and Account as of the end of such Fiscal Year, (d) the Principal Amount of Notes of each series purchased by the Trustee during such Fiscal Year from moneys available therefor in any Fund pursuant to the provisions of this Indenture and the respective purchase price of such Notes, (e) the Principal Amount of Notes of each series retired, at their Stated Maturity or by redemption, during such Fiscal Year and the Redemption Prices thereof, if any, and (f) any other information which the Corporation may reasonably request. In addition, the Trustee shall furnish the Corporation on the fifth day of each calendar month a brief description of all moneys, Student Loans and Investment Securities to the credit of each Fund and Account as of the last Monthly Payment Date prior thereto.

Statement by Trustee of Funds and Accounts and Other Matters. Not more than thirty (30) days after the close of each Fiscal Year the Trustee shall furnish the Corporation Issuer and any Noteholder or Other Beneficiary filing with the Trustee a written request for a copy, a statement setting forth (to the extent applicable) in respect to such Fiscal Year, (a) all transactions relating to the receipt, disbursement and application of all moneys received by the Trustee pursuant to all terms of this Indenture, (b) the Balances held by the Trustee and any Deposit Agent at the end of such Fiscal Year to the credit of each Fund and Account, (c) a brief description of all moneys, Student Loans and Investment Securities held by the Trustee and any Deposit Agent as part of the Balance of each Fund and Account as of the end of such Fiscal Year, (d) the Principal Amount of Notes of each series purchased by the Trustee during such Fiscal Year from moneys available therefor in any Fund pursuant to the provisions of this Indenture and the respective purchase price of such Notes, (e) the Principal Amount of Notes of each series retired, at their Stated Maturity or by redemptionprepayment, during such Fiscal Year and the Redemption Prepayment Prices thereof, if any, and (f) any other information which the Corporation Issuer may reasonably request. In addition, the Trustee shall furnish the Corporation Issuer on or before the fifth fifteenth day of each calendar month a brief description of all moneys, Financed Student Loans and Investment Securities to the credit of each Fund and Account as of the last Monthly Payment Date prior theretoday of the preceding month.

Statement by Trustee of Funds and Accounts and Other Matters. Not more than thirty (30) days after the close of each Fiscal Year the Trustee shall furnish the Corporation and any Noteholder or Other Beneficiary filing with the Trustee a written request for a copy, a statement setting forth (to the extent applicable) in respect to such Fiscal Year, (a) all transactions relating to the receipt, disbursement and application of all moneys received by the Trustee pursuant to all terms of this Indenture, (b) the Balances held by the Trustee and any Deposit Agent at the end of such Fiscal Year to the credit of each Fund and Account, (c) a brief description of all moneys, Student Loans and Investment Securities held by the Trustee and any Deposit Agent as part of the Balance of each Fund and Account as of the end of such Fiscal Year, (d) the Principal Amount of Notes of each series purchased by the Trustee during such Fiscal Year from moneys available therefor in any Fund pursuant to the provisions of this Indenture and the respective purchase price of such Notes, (e) the Principal Amount of Notes of each series retired, at their Stated Maturity or by redemption, during such Fiscal Year and the Redemption Prices thereof, if any, and (f) any other information which the Corporation may reasonably request. In addition, the Trustee shall furnish the Corporation on or before the fifth day of Monthly Payment Date in each calendar month a brief description of all moneys, Student Loans and Investment Securities to the credit of each Fund and Account as of the last Monthly Payment Date prior thereto.