Examples of Loan Transfer Agreement in a sentence
The Loan Deposit had already been paid and shall form part of the 20% of the first instalment of the Loan Consideration which Purchaser A shall pay into the Loan Escrow Account within five working days after the signing of the Loan Transfer Agreement.
Completion of (i) the Equity Transfer Agreement is subject to the fulfilment (or waiver, if applicable) of the Equity Conditions and (ii) the Loan Transfer Agreement is subject to the fulfilment (or waiver, if applicable) of the Loan Conditions.
The Agents may treat each Lender as the holder of all of the interests of such Lender in respect of the Facility until a duly executed and delivered Loan Transfer Agreement in form and substance satisfactory to the Administrative Agent, has been delivered to the Administrative Agent and the Administrative Agent has been paid its required processing fee for such Assignment.
The representations speak as of the execution and delivery of this Agreement, the Student Loan Transfer Agreement and the Administration Agreement and as of the Closing Date, and shall survive the sale of the Financed Student Loans to the Issuer (and with respect to legal title, to the Eligible Lender Trustee on behalf of the Issuer) and the pledge thereof to the Indenture Trustee pursuant to the Indenture.
The Sale and Servicing Agreement, the Indenture, the Trust Agreement, the Student Loan Transfer Agreement and the Administration Agreement are referred to herein as the “Basic Documents.” Simultaneously with the issuance and sale of the Notes as contemplated herein, and pursuant to the Trust Agreement, the Trust will issue its Trust Certificate (the “Certificate”) representing a fractional undivided residual beneficial interest in the Trust to the Depositor or its designated affiliate.