Examples of Initial Financed Student Loans in a sentence
The representations speak as of the execution and delivery of this Agreement in the case of the Initial Financed Student Loans, and as of the applicable Transfer Date, in the case of the Additional Financed Student Loans, but shall survive the sale, transfer and assignment of the Financed Student Loans to the Eligible Lender Trustee on behalf of the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
Concurrently with the transfer of the Initial Financed Student Loans to the Eligible Lender Trustee on behalf of the Trust pursuant to the Loan Sale Agreement, the Seller does hereby irrevocably assign to the Company all of its right, title and interest in and to the Trust, and thereupon (subject to the Company's right to transfer pursuant to the next succeeding sentence) the Company shall be the sole beneficial owner of the Trust.
The assets of the Trust will include, among other things, a pool of student loans (the "Initial Financed Student Loans") and all amounts collected thereunder on and after the Closing Date, as defined below.
The representations speak as of the execution and delivery of this Agreement and the Administration Agreement and as of the Closing Date, in the case of the Initial Financed Student Loans, and as of the applicable Transfer Date, in the case of the Additional Student Loans, and shall survive the sale of the Financed Student Loans to the Eligible Lender Trustee on behalf of the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
After the Closing Date, the Trust may acquire additional student loans pursuant to the Sponsor Student Loan Purchase Agreement (such additional Student Loans, together with the Initial Financed Student Loans, being referred to herein, collectively, as the "Financed Student Loans").