Validity of Service Contracts. Each Servicing Contract is in full force and effect, each Servicing Contract is legal, valid, and enforceable in accordance with its terms, except as limited by bankruptcy, insolvency and similar laws of general application affecting the rights of creditors and general principles of equity, and, to the best of its knowledge, no default or event of default exists under any Servicing Contract that could have a Material Adverse Effect.
Appears in 5 contracts
Samples: Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc), Security Agreement (Nelnet Inc)
