LOAN PURCHASE AGREEMENTLoan Purchase Agreement • February 8th, 2005 • Higher Education Funding I • Asset-backed securities • New York
Contract Type FiledFebruary 8th, 2005 Company Industry JurisdictionThis Eligible Loan Acquisition Certificate is submitted pursuant to the provisions of Section 4.02 of the Indenture of Trust, dated as of, January 1, 2004(as amended and supplemented from time to time in accordance with its terms, the “Indenture”), from Higher Education Funding I (the “Issuer”) and The Bank of New York, as eligible lender trustee, to The Bank of New York, as indenture trustee. All capitalized terms used in this Certificate and not otherwise defined herein shall have the respective meanings given to such terms in the Indenture. In your capacity as Trustee, you are hereby authorized and requested to disburse (i) to the Lender(s) identified in the schedule attached hereto (the “Student Loan Acquisition Schedule”) the amount(s) specified in such Schedule from the Acquisition Fund (or, in the case of an exchange pursuant to Section 4.02 of the Indenture, the Student Loans listed in Annex 1 hereto) for the acquisition of Eligible Loans, and any related Add-On Loan; and (ii)
LOAN PURCHASE AGREEMENTLoan Purchase Agreement • February 8th, 2005 • Higher Education Funding I • Asset-backed securities • New York
Contract Type FiledFebruary 8th, 2005 Company Industry JurisdictionThis Loan Purchase Agreement is made and entered into as of the 1st day of January, 2004, by and between CONSOLIDATION LOAN FUNDING, LLC, as seller (“Seller”), and HIGHER EDUCATION FUNDING I, a Delaware statutory trust, as purchaser (“Purchaser”), acting by and through their eligible lender trustees.