SALE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000Initial Sale Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
These Sale Agreement Master Securitization Terms Number 1000 (“Master Sale Terms”) dated as of __________, 200__ among SLM Funding LLC (in such capacity, the “Seller”), SLM Student Loan Trust 200__-__ (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 __________, 200__ between the Seller and the Interim Eligible Lender Trustee, and ____________________________, not in its individual capacity but solely as Eligible Lender Trustee on behalf of SLM Student Loan Trust 200__-__ (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 Studen
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 __________, 200__Interim Trust Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • Delaware
PURCHASE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000Additional Purchase Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
These Purchase Agreement Master Securitization Terms Number 1000 (“Master Terms”) dated as of __________, 200__ 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 __________, 200__ 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.
SLM Funding LLC Student Loan-Backed Notes Underwriting AgreementUnderwriting Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
From time to time SLM Education Credit Finance Corporation (“SLM ECFC”), a Delaware corporation and SLM Funding LLC (the “Company”), a Delaware limited liability company and a wholly-owned subsidiary of SLM ECFC, propose to enter into one or more Pricing Agreements (each a “Pricing Agreement”) in the form of Annex I hereto, with such additions and deletions as the parties thereto may determine. Subject to the terms and conditions stated herein and therein, the Company proposes to cause the Trust specified in the applicable Pricing Agreement to issue and sell to the firms named in Schedule I to the applicable Pricing Agreement (each firm constituting the “Underwriter” with respect to such Pricing Agreement and the securities specified therein) certain of such Trust’s Student Loan-Backed Notes (the “Notes”) specified in Schedule II to such Pricing Agreement (with respect to such Pricing Agreement, the “Designated Securities”), less the principal amount of Designated Securities covered by
INDENTURE among SLM STUDENT LOAN TRUST 200__-__, as the Issuer, not in its individual capacity but solely as the Eligible Lender Trustee and not in its individual capacity but solely as the Indenture Trustee Dated as of __________, 200__Indenture • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
SERVICING AGREEMENT among SALLIE MAE, INC., as Servicer, SALLIE MAE, INC., as Administrator, SLM STUDENT LOAN TRUST 200__-__, not in its individual capacity but solely as Eligible Lender Trustee and not in its individual capacity but solely as...Servicing Agreement • March 10th, 2006 • SLM 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 200__-__ (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 ___________, 200__ between SLM Funding LLC and the Eligible Lender Trustee, as amended and restated by an amended and restated trust agreement dated as of __________, 200__ (the “Trust Agreement”) among SLM Funding LLC, the Eligible Lender Trustee and ____________________________, not in its individual capacity but solely in its capacity as the indenture trustee (the “Indenture Trustee”), under an indenture (the “Indenture”) dated as of __________, 200__ among the Issuer, the Eligible Lender Trustee and the Indenture Trustee, (iii) the Indenture Trustee and (iv) Sallie Mae, Inc., not in its individual capacity but solely in
PURCHASE AGREEMENT MASTER SECURITIZATION TERMS NUMBER 1000Additional Purchase Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
These Purchase Agreement Master Securitization Terms Number 1000 (“Master Terms”) dated as of __________, 200__ among (i) VG Funding, LLC (“VG Funding”), (ii) ____________________________, not in its individual capacity but solely as Interim Eligible Lender Trustee (the “VG Funding Eligible Lender Trustee”), for the benefit of VG Funding under the VG Funding Interim Trust Agreement dated as of __________, 200__ between VG Funding and the VG Funding 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 __________, 200__ 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 VG Funding herein mean the VG Funding Eligible Lender Trustee
REMARKETING AGREEMENTRemarketing Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
REMARKETING AGREEMENT, dated as of ___________, 200__, among SLM Student Loan Trust 200__-__ (the “Trust”), Sallie Mae, Inc., as administrator (the “Administrator”), ____________ and ______________ (“_____” and “______”, in their capacities as remarketing agents under this Agreement, each, a “Remarketing Agent” and, collectively, the “Remarketing Agents”).
LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF SLM FUNDING LLCLimited Liability Company Operating Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • Delaware
LIMITED LIABILITY COMPANY OPERATING AGREEMENT OF SLM FUNDING LLC, a limited liability company organized pursuant to and in accordance with the Delaware Limited Liability Company Act (6 Del.C. Section 18-101, et seq.) (the "Act"), is dated as of January 1, 2003 and is entered into by the Student Loan Marketing Association, a corporation chartered by an act of the United States Congress, as the sole equity member, Domenic A. Borriello ("Springing Member 1") and Kim E. Luthans ("Springing Member 2").
AMENDED AND RESTATED TRUST AGREEMENT among SLM FUNDING LLC, as Depositor not in its individual capacity but solely as Eligible Lender Trustee and not in its individual capacity but solely as Indenture Trustee Dated as of ________, 200__Trust Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • Delaware
INTERIM TRUST AGREEMENT between VG FUNDING, LLC, as the Seller andInterim Trust Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • Delaware
SLM STUDENT LOAN TRUST 200__-__ ADMINISTRATION AGREEMENT Dated as of __________, 200__ Among SLM FUNDING LLC SLM STUDENT LOAN TRUST 200__-__ as Eligible Lender Trustee SALLIE MAE, INC. andAdministration Agreement • March 10th, 2006 • SLM Funding LLC • Asset-backed securities • New York
SLM Student Loan Trust 200__-__ Administration Agreement, dated as of ________,200__ (this "Agreement"), among SLM Funding LLC (the “Depositor”), SLM Student Loan Trust 200__-__ (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”).
