Examples of Student Loan Transfer Agreement in a sentence
Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to them in Appendix A to the Student Loan Transfer Agreement , which also contains rules of construction and usage that shall be applicable herein.
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.
ELIGIBILITY: Senior managers of PSF who are responsible for the leadership and accountability of the long-term growth and earnings of PSF as determined by PSF Compensation Committee.
The Seller and the Master Servicer, as applicable, shall have delivered to the Purchaser such information as was reasonably requested by the Depositor to satisfy itself as to (i) the accuracy of the representations and warranties set forth in Section 4 of this Agreement and in Section 3.01 of the Student Loan Transfer Agreement and (ii) the satisfaction of the conditions set forth in this Section 5.
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.
Each of the conditions set forth in Section 2.02(b) of the KBUSA Student Loan Transfer Agreement shall have been satisfied.
The Seller hereby acknowledge, consent and agree that all of the rights and remedies of the Purchaser under the KBUSA Student Loan Transfer Agreement and this Agreement have been or will be assigned to the Issuer and by the Issuer to the Indenture Trustee (on behalf of the Issuer) pursuant to the Sale and Servicing Agreement and the Indenture.
Attached hereto as Schedule A is a supplement to Schedule B to the 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 Purchaser pursuant to this Agreement.
Each of the representations and warranties made by the Seller in Section 4 of this Agreement, by the Seller in Section 3.01 of the KBUSA Student Loan Transfer Agreement with respect to such KBUSA Additional Student Loans, and by the Purchaser in Section 5.01 of KBUSA Student Loan Transfer Agreement, shall be true and correct as of the date of this Agreement and as of the Subsequent Transfer Date.