Examples of Loan Transfer Agreement in a sentence
This Agreement, the Student Loan Transfer Agreement and the Administration Agreement each constitutes a legal, valid and binding obligation of KBNA, in each case enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization and similar laws relating to creditors’ rights generally or the rights of creditors of banks the deposit accounts of which are insured by the FDIC and subject to general principles of equity.
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.
This Assignment is made pursuant to and upon the representations, warranties and agreements on the part of the undersigned contained in the KBUSA Student Loan Transfer Agreement and the KBUSA Subsequent Transfer Agreement and is to be governed by the KBUSA Student Loan Transfer Agreement and the KBUSA Subsequent Transfer Agreement.
As supplemented by this Agreement, the Student Loan Transfer Agreement is in all respects ratified and confirmed and Student Loan Transfer Agreement as so supplemented by this Agreement shall be read, taken and construed as one and the same instrument.
Attached hereto as Schedule A is a supplement to Schedule B to the KBUSA Student Loan Transfer Agreement listing the KBUSA Additional Student Loans to be conveyed on the Subsequent Transfer Date to the Depositor Eligible Lender Trustee on behalf of the Depositor pursuant to this Agreement.