Financed Student Loans definition

Financed Student Loans means the Student Loans identified as such in each of the pool supplements dated as of the Closing Date between the Trust and a Seller, transferred to the Trust as of the Closing Date and listed on the Schedule of Financed Student Loans on the Closing Date as set forth in Schedule A to the Indenture (which Schedule may be in the form of microfiche or computer disk or tape).

Financed Student Loans means, collectively, the student loans identified by the lender identification numbers, portfolio numbers or other identifying numbers described in the applicable Appendix D hereto.

Financed Student Loans means the collective reference to the Initial Financed Student Loans and the Subsequent Student Loans.

Examples of Financed Student Loans in a sentence

• This Note is a limited obligation of the Issuer, payable solely from the principal and interest on Financed Student Loans financed pursuant to the Indenture, any guaranty payments thereon received by the Issuer, and certain other revenues and earnings to be held pursuant to the Indenture, all in an amount and in the manner provided in the Indenture.

• The Indenture pledges for the payment of the Notes (as hereinafter defined) the student loans identified in the Indenture (the "Financed Student Loans") and the payments of interest and the repayments of principal with respect thereto, including certain guarantees related thereto, as well as certain other rights, funds and accounts of the Issuer set forth in the Indenture, including a Reserve Account (collectively, the "Trust Estate").

• Except as expressly provided in the Basic Documents, the Eligible Lender Trustee shall have no obligation to administer, service or collect the Financed Student Loans or to maintain, monitor or otherwise supervise the administration, servicing or collection of the Financed Student Loans.

• This note is a limited obligation of the Issuer, payable solely from the principal and interest on Financed Student Loans financed pursuant to the Indenture, any guaranty payments thereon received by the Issuer, and certain other revenues and earnings to be held pursuant to the Indenture, all in an amount and in the manner provided in the Indenture.

• Other than the security interest granted to the Indenture Trustee pursuant to this Indenture, the Issuer has not pledged, assigned, sold, granted a security interest in, or otherwise conveyed any of the Financed Student Loans or any other portion of the Indenture Trust Estate.

More Definitions of Financed Student Loans

Financed Student Loans means those Student Loans that, as of any date of determination, have been conveyed to the Issuer, consisting of the Initial Financed Student Loans as of the Closing Date and, thereafter, any Prefunded Loans, Serial Loans or New Loans conveyed to the Issuer from the Seller, any Consolidation Loans originated by the Trust as provided in Section 6.07 of the Trust Agreement, any Consolidation Loans the principal balance of which is increased by the principal balance of any related Add-on Consolidation Loan as provided in Section 6.07 of the Trust Agreement and any Qualified Substitute Student Loans conveyed to the Issuer as provided in Section 3.02 of the Loan Sale Agreement.

Financed Student Loans means the Student Loans identified as such in each of the pool supplements dated as of the Closing Date between the Trust and a Seller, transferred to the Trust as of the Closing Date, pledged to the Indenture Trustee for the benefit of Ambac and the holders of the Notes pursuant to the Indenture and listed on the Schedule of Financed Student Loans on the Closing Date as set forth in Schedule A to the Indenture (which Schedule may be in the form of microfiche or computer disk or tape).

Financed Student Loans means FFELP Loans refinanced with proceeds of the Notes or originated or refinanced by Access Group with moneys in the Revolving Account or the Collection Account, but does not include Student Loans released from the lien of the Indenture and sold to any purchaser.

Financed Student Loans shall include only the Financed Student Loans being transferred to the Eligible Lender Trustee on the Closing Date for the Series 199_-_ Notes and the Financed Student Loans to be transferred to the Eligible Lender Trustee during the Funding Period for the Series 199_-_ Notes. Accordingly, unless otherwise indicated, the term "Financed Student Loan" shall not be deemed to include Financed Student Loans transferred to the Eligible Lender Trustee prior to the Closing Date for the Series 199_-_ Notes.

Financed Student Loans means the collective reference to the Initial Financed Student Loans and the Additional Student Loans.

Financed Student Loans means Student Loans which become subject to this Agreement.

Financed Student Loans means Student Loans which are Financed and are evidenced solely by promissory notes and applications related thereto.