Common Contracts
2 similar Affiliate Collateral Pledge and Security Agreement contracts by SLM Corp
EX-10.38 4 w76911exv10w38.htm EX-10.38Affiliate Collateral Pledge and Security Agreement • May 5th, 2020 • New York
Exhibit 10.38 Execution Copy AFFILIATE COLLATERAL PLEDGE AND SECURITY AGREEMENT THIS AFFILIATE COLLATERAL PLEDGE AND SECURITY AGREEMENT (“Pledge Agreement”), dated as of January 15, 2010 is made by and among SLM Education Credit Finance Corporation, a corporation organized and existing under the laws of the State of Delaware (“Pledgor”), HICA Education Loan Corporation, a corporation organized and existing under the laws of the State of South Dakota (“Borrower”), and the Federal Home Loan Bank of Des Moines (“Bank”). WHEREAS, Borrower is a member and stockholder of the Bank; WHEREAS, Pledgor is an Affiliate of Borrower (for purposes of this Pledge Agreement, “Affiliate” means any person or company which controls, is controlled by, or is under common control with, Borrower, including any holding company, any subsidiary, or any service corporation of the Borrower); WHEREAS, Borrower and the Bank have entered into an Advances, Pledge and Security Agreement, dated as of January 15, 2010 (s
AFFILIATE COLLATERAL PLEDGE AND SECURITY AGREEMENTAffiliate Collateral Pledge and Security Agreement • February 26th, 2010 • SLM Corp • Personal credit institutions • New York
