Common Contracts

57 similar Initial Sale Agreement contracts by SLM Funding LLC, Navient Funding, LLC, Navient Student Loan Trust 2014-1, others

FORM OF] SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • December 23rd, 2015 • Navient Funding, LLC • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of [________], 20[__] among (i) Navient Funding, LLC (in such capacity, the “Seller”), (ii) Navient Student Loan Trust 20[__]-[__] (the “Purchaser” or the “Trust”), (iii) [________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of [________], 20[__] between the Seller and the Interim Eligible Lender Trustee, and (iv) [________], not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser under the Eligible Lender Trust Agreement dated as of [________], 20[__] between the Trust and the Eligible Lender Trustee (in such capacity, the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the P

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SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • June 18th, 2015 • Navient Student Loan Trust 2015-3 • Asset-backed securities • New York
SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • April 23rd, 2015 • Navient Student Loan Trust 2015-2 • Asset-backed securities • New York
SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • February 26th, 2015 • Navient Student Loan Trust 2015-1 • Asset-backed securities • New York
SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • November 25th, 2014 • Navient Student Loan Trust 2014-8 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of November 25, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-8 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of November 25, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 14th, 2014 • Navient Student Loan Trust 2014-7 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 14, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-7 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 14, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 14th, 2014 • Navient Student Loan Trust 2014-6 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 14, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-6 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 14, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 14th, 2014 • Navient Student Loan Trust 2014-4 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 14, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-4 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 14, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 14th, 2014 • Navient Student Loan Trust 2014-5 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 14, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-5 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 14, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 14th, 2014 • Navient Student Loan Trust 2014-3 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 14, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-3 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 14, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 14th, 2014 • Navient Student Loan Trust 2014-2 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 14, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-2 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 14, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • May 29th, 2014 • Navient Student Loan Trust 2014-1 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of May 29, 2014 among Navient Funding, LLC (in such capacity, the “Seller”), Navient Student Loan Trust 2014-1 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of May 29, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Tr

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • March 27th, 2014 • SLM Student Loan Trust 2014-2 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of March 27, 2014 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2014-2 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of March 27, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust S

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • January 28th, 2014 • SLM Student Loan Trust 2014-1 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of January 28, 2014 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2014-1 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of January 28, 2014 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Tru

Contract
Initial Sale Agreement • December 20th, 2013 • SLM Funding LLC • Asset-backed securities • New York
SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • November 14th, 2013 • SLM Student Loan Trust 2013-6 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of November 14, 2013 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2013-6 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of November 14, 2013 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the T

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • September 19th, 2013 • SLM Student Loan Trust 2013-5 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of September 19, 2013 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2013-5 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of September 19, 2013 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the

Contract
Initial Sale Agreement • August 30th, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • New York
SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • August 15th, 2013 • SLM Student Loan Trust 2013-4 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 15, 2013 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2013-4 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 15, 2013 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • June 20th, 2013 • SLM Student Loan Trust 2013-3 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of June 20, 2013 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2013-3 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of June 20, 2013 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust Stu

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • April 11th, 2013 • SLM Student Loan Trust 2013-2 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of April 11, 2013 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2013-2 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of April 11, 2013 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust S

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • February 14th, 2013 • SLM Student Loan Trust 2013-1 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of February 14, 2013 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2013-1 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of February 14, 2013 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the T

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SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • November 8th, 2012 • SLM Student Loan Trust 2012-7 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of November 8, 2012 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2012-7 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of November 8, 2012 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Tru

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • September 20th, 2012 • SLM Student Loan Trust 2012-6 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of September 20, 2012 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2012-6 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of September 20, 2012 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • July 19th, 2012 • SLM Student Loan Trust 2012-5 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of July 19, 2012 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2012-5 (the “Purchaser” or the “Trust”), and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of July 19, 2012 between the Seller and the Interim Eligible Lender Trustee, and Deutsche Bank Trust Company Americas, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust Stu

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • May 3rd, 2012 • SLM Student Loan Trust 2012-3 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of May 3, 2012 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2012-3 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of May 3, 2012 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holdi

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • March 15th, 2012 • SLM Student Loan Trust 2012-2 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of March 15, 2012 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2012-2 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of March 15, 2012 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • November 18th, 2011 • SLM Student Loan Trust 2011-3 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of November 18, 2011 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2011-3 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of November 18, 2011 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involvi

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • May 26th, 2011 • SLM Student Loan Trust 2011-2 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of May 26, 2011 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2011-2 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of May 26, 2011 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the hol

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • March 3rd, 2011 • SLM Student Loan Trust 2011-1 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of March 3, 2011 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2011-1 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of March 3, 2011 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the h

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • September 1st, 2010 • SLM Student Loan Trust 2010-2 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 26, 2010 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2010-2 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 26, 2010 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving t

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • June 23rd, 2010 • SLM Funding LLC • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of [________], 20[__] among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 20[__]-[__] (the “Purchaser”), and [__________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of [________], 20[__] between the Seller and the Interim Eligible Lender Trustee, and [__________], not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust Student Loans.

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • April 26th, 2010 • SLM Funding LLC • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of [________], 20[__] among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 20[__]-[__] (the “Purchaser”), and [__________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of [________], 20[__] between the Seller and the Interim Eligible Lender Trustee, and [__________], not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the holding or transferring of legal title to the Trust Student Loans.

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • April 20th, 2010 • SLM Student Loan Trust 2010-1 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of April 15, 2010 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2010-1 (the “Purchaser” or the “Trust”), and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of April 15, 2010 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lender Trustee, and references to the Purchaser mean the Eligible Lender Trustee, for all purposes involving the

SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000
Initial Sale Agreement • September 3rd, 2008 • SLM Student Loan Trust 2008-9 • Asset-backed securities • New York

These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of August 28, 2008 among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 2008-9 (the “Purchaser”), and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of the Seller under the Funding Interim Trust Agreement dated as of August 28, 2008 between the Seller and the Interim Eligible Lender Trustee, and The Bank of New York Mellon Trust Company, National Association, formerly known as The Bank of New York Trust Company, N.A., not in its individual capacity but solely as Eligible Lender Trustee on behalf of the Purchaser (the “Eligible Lender Trustee”), shall be effective upon execution by the parties hereto. References to the Seller herein mean the Interim Eligible Lende

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