PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • November 7th, 2005 • Collegiate Funding Services Inc • Personal credit institutions • New York
This PURCHASE AND SALE AGREEMENT (as amended, restated, supplemented or otherwise modified from time to time, this “Agreement”), dated as of September 30, 2005 (the “Effective Date”), is among COLLEGIATE FUNDING SERVICES, L.L.C., a Virginia limited liability company (“Seller”), THE BANK OF NEW YORK, not in its individual capacity but solely as eligible lender trustee for the seller (in such capacity, the “Seller Trustee”) for the benefit of Seller, JPMORGAN CHASE BANK, N.A., as purchaser (“Purchaser”, which term includes any Affiliate of JPMorgan Chase Bank, N.A. that signs an amendment to the Agreement agreeing to be a “Purchaser” hereunder) and JPMORGAN CHASE BANK, N.A., not in its individual capacity but solely as eligible lender trustee for the purchaser (in such capacity, the “Purchaser Trustee”).
