Purchaser Trustee definition
Examples of Purchaser Trustee in a sentence
In the course of such examinations and audits, Seller will make available to such representatives of any of Purchaser, each Underwriter, each Initial Purchaser, Trustee, Special Servicer and each Rating Agency reasonably adequate facilities, as well as the assistance of a sufficient number of knowledgeable and responsible individuals who are familiar with the Mortgage Loans and the terms of this Agreement, and Seller shall cooperate fully with any such examination and audit in all material respects.
The servicing agent on behalf of the Seller shall notify Borrowers under the FFELP Loans as required by the Higher Education Act of the assignment and transfer to the Purchaser Trustee of the Seller's interest in such FFELP Loans and the Seller shall direct each Borrower to make all payments thereon directly to the Purchaser or as it may otherwise designate.
All right, title, and interest of Seller in and to the promissory notes and related documentation identified in the attached loan ledger are transferred and assigned to Purchaser Trustee on behalf of the Purchaser.
This endorsement may be further manifested by attaching this instrument or a facsimile hereof to each or any of the Promissory Notes and related documentation acquired by the Purchaser Trustee on behalf of the Purchaser from Seller, or by attaching this instrument to the loan ledger schedule, as the Purchaser may require or deem necessary.
EXHIBIT C BLANKET ENDORSEMENT OF STUDENT LOAN PROMISSORY NOTES Pursuant to the Loan Sale and Contribution Agreement, dated as of _______ __, 2002 (the "Loan Sale and Contribution Agreement"), the undersigned ("Seller"), by execution of this instrument, hereby endorses all promissory notes purchased by Bankers Trust Company, as eligible lender trustee (the "Purchaser Trustee") for SLC Student Loan Trust-I (the "Purchaser").
EXHIBIT C BLANKET ENDORSEMENT OF STUDENT LOAN PROMISSORY NOTES Pursuant to the Loan Sale and Contribution Agreement, dated as of ______ _, 2002 (the "Loan Sale and Contribution Agreement"), the undersigned ("Seller"), by execution of this instrument, hereby endorses all promissory notes purchased by Bankers Trust Company, as eligible lender trustee (the "Purchaser Trustee") for SLC Student Loan Receivables I, Inc.
Any funds remaining with the Trustee or on deposit in the Pledged Accounts following the repayment in full of the Notes and the other Secured Obligations, the termination of the Commitment, the payment in full of all other amounts owed to the Noteholders and all amounts owed by the Issuer to the Note Purchaser, Trustee and Backup Servicer under the Basic Documents, and the satisfaction and discharge of this Indenture, shall be remitted to the Issuer.
The first Trial Court Judge held that the BRA plausibly alleged that the Covenant-stripping between Boston Private and the Investor- Purchaser Trustee voided the conveyance because it violated thepower of sale and breached Boston Private’s duty of good faith and fair dealing to the BRA as a holder of a restrictive deed covenant.Appendix 2, pp.
Upon discovery by Seller, Purchaser, Trustee, Bond Insurer or any Certificateholder that any such representation or warranty with respect to any Lease Contract and related Equipment was incorrect as of the time made, such Person shall give prompt notice thereof to the other Persons.
If any Certificate Purchaser or Trustee or Administrative Agent receives a refund in respect of Taxes for which such Certificate Purchaser, Trustee or Administrative Agent has received payment or indemnification from Lessee hereunder it shall promptly upon receipt pay such refund to Lessee together with any interest that it received with payment of such refund.