Common use of Successor Interim Eligible Lender Trustees Clause in Contracts

Successor Interim Eligible Lender Trustees. SECTION 7.1. Eligibility Requirements for Interim Eligible Lender Trustee SECTION 7.2. Resignation or Removal of Interim Eligible Lender Trustee SECTION 7.3. Successor Interim Eligible Lender Trustee SECTION 7.4. Merger or Consolidation of Interim Eligible Lender Trustee SECTION 8.1. Amendment. SECTION 8.2. Notices. SECTION 8.3. Severability 9 SECTION 8.4. Separate Counterparts SECTION 8.5. Successors and Assigns SECTION 8.6. Headings 9 SECTION 8.7. Governing Law INTERIM ELIGIBLE LENDER TRUSTEE AGREEMENT (this “Agreement”), dated as of July 2, 2007, between Collegiate Funding of Delaware, L.L.C., as depositor (the “Depositor”), and The Bank of New York, a New York banking corporation, not in its individual capacity, but solely as interim eligible lender trustee (the “Interim Eligible Lender Trustee”).

Successor Interim Eligible Lender Trustees. SECTION 7.1. Eligibility Requirements for Interim Eligible Lender Trustee Trustee SECTION 7.2. Resignation or Removal of Interim Eligible Lender Trustee SECTION 7.3. Successor Interim Eligible Lender Trustee SECTION 7.4. Merger or Consolidation of Interim Eligible Lender Trustee Trustee SECTION 8.1. Amendment. SECTION 8.2. Notices. Notices 12 SECTION 8.3. Severability 9 13 SECTION 8.4. Separate Counterparts SECTION 8.5. Successors and Assigns SECTION 8.6. Headings 9 13 SECTION 8.7. Governing Law INTERIM ELIGIBLE LENDER TRUSTEE AGREEMENT (this “Agreement”), dated as of July 2[_______], 2007200[_], between Collegiate Funding of Delaware, L.L.C., as depositor (the “Depositor”), and The Bank of New York[__________], a New York banking corporation[_______], not in its individual capacity, but solely as interim eligible lender trustee (the “Interim Eligible Lender Trustee”).