FORM OF] SLM STUDENT LOAN TRUST 20[__]-[__] ADMINISTRATION AGREEMENT DATED AS OF [____, 20__] Among SLM FUNDING LLC SLM STUDENT LOAN TRUST 20[__]-[__] as Eligible Lender Trustee SALLIE MAE, INC. as Administrator and as Servicer and as Indenture TrusteeAdministration Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • New York
SLM Student Loan Trust 20[__]-[__] Administration Agreement, dated as of [____, 20__] (this “Agreement”), among SLM Funding LLC (the “Depositor”), SLM Student Loan Trust 20[__]-[__] (the “Issuer”), [____________________], not in its individual capacity but solely in its capacity as eligible lender trustee (in such capacity, the “Eligible Lender Trustee”), [____________________], not in its individual capacity but solely in its capacity as indenture trustee (in such capacity, the “Indenture Trustee”), Sallie Mae, Inc., not in its individual capacity but solely in its capacity as servicer (in such capacity, the “Servicer”), and Sallie Mae, Inc., not in its individual capacity but solely in its capacity as administrator (in such capacity, the “Administrator”).
FORM OF] SERVICING AGREEMENT among SALLIE MAE, INC., as Servicer, SALLIE MAE, INC., as Administrator, SLM STUDENT LOAN TRUST 20[__]-[__], not in its individual capacity but solely as Eligible Lender Trustee and not in its individual capacity but...Servicing Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • New York
Sallie Mae, Inc. (in such capacity, the “Servicer”), a Delaware corporation, hereby agrees with (i) SLM Student Loan Trust 20[__]-[__] (the “Issuer”), (ii) [_________], a national banking association, not in its individual capacity but solely in its capacity as eligible lender trustee (the “Eligible Lender Trustee”) under a trust agreement dated as of [______], 20[__], among SLM Funding LLC, the Eligible Lender Trustee and [_________], as Delaware trustee (the “Delaware Trustee”), as amended and restated by an amended and restated trust agreement, dated as of [______], 20[__] (the “Trust Agreement”), among SLM Funding LLC, the Eligible Lender Trustee, the Delaware Trustee and [_________], not in its individual capacity but solely in its capacity as the indenture trustee (the “Indenture Trustee”), under an indenture, dated as of [______], 20[__] (the “Indenture”), among the Issuer, the Eligible Lender Trustee and the Indenture Trustee, (iii) the Indenture Trustee and (iv) Sallie Mae, In
FORM OF] AMENDED AND RESTATED TRUST AGREEMENT among SLM FUNDING LLC, as Depositor not in its individual capacity but solely as Eligible Lender Trustee, not in its individual capacity but solely as Delaware Trustee and not in its individual capacity...Trust Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • Delaware
AMENDED AND RESTATED TRUST AGREEMENT dated as of [______, 20__], among SLM FUNDING LLC, a Delaware limited liability company, as the Depositor, [___________], not in its individual capacity but solely as the eligible lender trustee (the “Eligible Lender Trustee”), [___________], a Delaware banking corporation, not in its individual capacity but solely as the Delaware Trustee, and [___________], not in its individual capacity but solely as the indenture trustee (the “Indenture Trustee”), acting as the Excess Distribution Certificate Paying Agent and Excess Distribution Certificate Registrar hereunder.
FORM OF] INTERIM TRUST AGREEMENT between SLM FUNDING LLC, as the Depositor and not in its individual capacity but solely as the Interim Eligible Lender Trustee Dated as of [_____], 20[__]Interim Trust Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • Delaware
INTERIM TRUST AGREEMENT (the “Agreement”), dated as of [_____], 20[__], between SLM FUNDING LLC, a Delaware limited liability company (the “Depositor”), and [______________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”).
FORM OF] PURCHASE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000Additional Purchase Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • New York
These Purchase Agreement Master Securitization Terms Number 1000 (“Master Terms”) dated as of [________, 20__] among SLM Education Credit Finance Corporation (“SLM ECFC”), SLM Funding LLC (“Funding”) and [_________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of Funding under the Interim Trust Agreement dated as of [________, 20__] between Funding and the Interim Eligible Lender Trustee, shall be effective upon execution by the parties hereto. References to Funding herein mean the Interim Eligible Lender Trustee for all purposes involving the holding or transferring of legal title to the Eligible Loans.
FORM OF] PURCHASE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000Additional Purchase Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • New York
These Purchase Agreement Master Securitization Terms Number 1000 (“Master Terms”) dated as of [________], 20[__] among (i) [SPE Seller] (“[SPE Seller]”), (ii) [____________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “[SPE Seller] Eligible Lender Trustee”), for the benefit of [SPE Seller] under the [SPE Seller] Interim Trust Agreement dated as of [________], 20[__] between [SPE Seller] and the [SPE Seller] Eligible Lender Trustee, (iii) SLM Funding LLC (“Funding”), (iv) [____________], not in its individual capacity but solely as Interim Eligible Lender Trustee (the “Interim Eligible Lender Trustee”) for the benefit of Funding under the Interim Trust Agreement dated as of [________], 20[__] between Funding and the Interim Eligible Lender Trustee and (v) Sallie Mae, Inc., as servicer (the “Servicer”), shall be effective upon execution by the parties hereto. References to [SPE Seller] herein mean the [SPE Seller] Eligible Lender Trustee acting on b
FORM OF] INTERIM TRUST AGREEMENT between [SPE SELLER], as the Seller and not in its individual capacity but solely as Eligible Lender Trustee for the benefit of [SPE Seller] Dated as of [_______], 20[__]Interim Trust Agreement • December 23rd, 2013 • SLM Education Credit Funding LLC • Asset-backed securities • Delaware
INTERIM TRUST AGREEMENT (the “Agreement”), dated as of [_______], 20[__], between [SPE Seller] (“[SPE Seller]”) as the Purchaser and subsequent Seller of certain Loans, and [__________________], not in its individual capacity but solely as Eligible Lender Trustee (the “[SPE Seller] Eligible Lender Trustee”).
