Common use of Trust Irrevocable Clause in Contracts

Trust Irrevocable. The trust created by the terms and provisions of this Indenture is irrevocable until the indebtedness secured hereby (the Series 2004-2 Notes and interest thereon) and all Issuer Derivative Payments are fully paid or provision made for its payment as provided in this Article.

Appears in 2 contracts

Samples: Loan Purchase Agreement (Nelnet Inc), Loan Purchase Agreement (Nelnet Education Loan Funding Inc)

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Trust Irrevocable. The trust created by the terms and provisions of this Indenture is shall be irrevocable until the indebtedness secured hereby (the Series 2004-2 Notes and interest thereon) and all Issuer Derivative Payments are has been fully paid or provision for the payment thereof has been made for its payment as provided in this Article.Article X.

Appears in 2 contracts

Samples: Servicing Agreement (Student Loan Funding LLC), Servicing Center Servicing Agreement (Student Loan Funding LLC)

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Trust Irrevocable. The trust created by the terms and provisions of this Indenture is irrevocable until the indebtedness secured hereby (the Series 2004-2 Notes and interest thereon) and all Issuer Derivative Payments are is fully paid or provision made for its payment as provided in this ArticleArticle and the Issuer has paid all of the fees and expenses of the Trustee and given notice to the Trustee to terminate this Indenture.

Appears in 1 contract

Samples: Indenture of Trust (Union Financial Services I Inc)

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