Subsequent Student Loans definition

Subsequent Student Loans means the Student Loans purchased by the Trust from the Depositor, and the Depositor from the Sellers with proceeds in the Pre-Funding Account, each Subsequent Student Loan to be identified on Schedule B to the Indenture (which may be in the form of microfiche or computer tape).
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Subsequent Student Loans means any graduate or undergraduate student loans that are transferred or to be transferred to the Eligible Lender Trustee on behalf of the Issuer, pursuant to Section 2.02 of the Sale and Servicing Agreement, each Subsequent Student Loan to be identified on Schedule B-1-A and B-2-A to Sale and Servicing Agreement (which may be in the form of microfiche or computer tape). All Subsequent Student Loans that are Financed Federal Loans will become Group I Student Loans, and all Subsequent Student Loans that are Financed Private Loans will become Group II Student Loans.
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Subsequent Student Loans means the Student Loans purchased by the Trust from the Sellers with proceeds in the Pre-Funding Account, each Subsequent Student Loan to be identified on Schedule B to the Indenture (which may be in the form of microfiche or computer tape).
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Examples of Subsequent Student Loans in a sentence

  • Such representations and warranties speak as of the execution and delivery of this Agreement and as of the Closing Date, in the case of the Initial Financed Student Loans and as of the applicable Subsequent Transfer Date, in the case of the Subsequent Student Loans and the Other 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.

  • Schedule of KBUSA Subsequent Student Loans that are KBUSA Group II Student Loans, including each related Subsequent Cut-off Date and the location of the related Student Loan File.

  • The computer tape or electronic data transmission regarding the Initial Financed Student Loans is true and correct in all material respects as of the Cut-off Date and each computer tape or electronic data transmission regarding the Subsequent Student Loans will be true and correct in all material respects as of the related Subsequent Cut-off Date.

  • The number of Ordinary Shares to which a holder of Series Preferred Shares shall be entitled upon conversion shall be the product obtained by multiplying the “Applicable Conversion Rate” then in effect (determined as provided in Regulation 8.1.2) by the number of shares of Series Preferred Shares being converted.

  • On each Subsequent Transfer Date, if the amount deposited into the XXXX Pledge Fund on such date is less than __% of the principal balance of the Subsequent Student Loans being acquired by the Issuer on such Subsequent Transfer Date, the Indenture Trustee, upon receipt of written instructions from the Administrator, shall transfer from the Pre-Funding Account to the Collection Account on such Subsequent Transfer Date the amount of such deficiency.

  • The Administrator shall instruct the Indenture Trustee in writing to distribute such amount as directed by the Administrator; provided, however, upon each acquisition of Subsequent Student Loans, the amount deposited in the XXXX Pledge Fund must be equal to or greater than 6% of the principal balance of such Subsequent Student Loans being acquired.

  • In the event that on the Special Determination Date the Group I Subsequent Loan Pre-Funded Amount or Group II Subsequent Loan Pre-Funded Amount, as applicable, after giving effect to the purchase of any Subsequent Student Loans on such date, is greater than zero but less than or equal to $10,000,000, the Indenture Trustee, or the Administrator on its behalf, will on the next following Distribution Date transfer such amounts to the Group I or Group II Other Student Loan Sub-Account, as applicable.

  • The Administrator shall instruct the Indenture Trustee in writing to distribute such amount as directed by the Administrator to purchase Subsequent Student Loans; provided, however, upon each acquisition of Subsequent Student Loans, the amount deposited in the XXXX Pledge Fund must be equal to or greater than 5.75% of the principal balance of such Subsequent Student Loans being acquired.

  • After the Closing Date (as defined below), the Eligible Lender Trustee, acting on behalf of the Trust, will acquire certain additional student loans on or prior to [ ], [ ] (the "Subsequent Student Loans") and on or prior to the end of the Funding Period (the "Other Student Loans"; and together with the Subsequent Student Loans and the Initial Financed Student Loans, the "Financed Student Loans") using amounts in certain accounts owned by the Trust which have been set aside for such purpose.

  • After the Closing Date (as defined below), the Eligible Lender Trustee, acting on behalf of the Trust, will acquire certain additional student loans on or prior to [ ], [ ] (the “Subsequent Student Loans”) and on or prior to the end of the Funding Period (the “Other Student Loans”; and together with the Subsequent Student Loans and the Initial Financed Student Loans, the “Financed Student Loans”) using amounts in certain accounts owned by the Trust which have been set aside for such purpose.


More Definitions of Subsequent Student Loans

Subsequent Student Loans means any student loans that are transferred or to be transferred to the Eligible Lender Trustee on behalf of the Issuer, pursuant to Section 2.02 of the Sale and Servicing Agreement, each Subsequent Student Loan to be identified on Schedule B-1-A and B-2-A to Sale and Servicing Agreement (which may be in the form of microfiche or computer tape), along with capitalized interest and Guarantee Fee Advances relating to such student loans. All Subsequent Student Loans that are Financed Federal Loans will become [Group I] Student Loans, and all Subsequent Student Loans that are Financed Private Loans will become [Group II] Student Loans.
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Subsequent Student Loans means any student loans that are transferred or to be transferred to the Purchaser (and with respect to legal title, to the Depositor Eligible Lender Trustee on behalf of the Depositor) on or prior to the Special Determination Date pursuant to Section 2.02 hereof and the applicable Subsequent Transfer Agreement, and then to be immediately transferred by the Purchaser to the Issuer (and with respect to legal title, by the Depositor Eligible Lender Trustee on behalf of the Purchaser to the Eligible Lender Trustee on behalf of the Issuer) pursuant to Section 2.02 of the Sale and Servicing Agreement, such Subsequent Student Loans to be identified on Schedule A to the related Subsequent Transfer Agreement (which may be in the form of microfiche or computer tape), along with capitalized interest and Guarantee Fee Advances relating to such student loans. Each such Schedule A shall also be deemed to be a supplement to Schedule B-1-A and B-2-A of the Sale and Servicing Agreement. All Subsequent Student Loans that are Financed Federal Loans will become Group I Student Loans, and all Subsequent Student Loans that are Financed Private Loans will become Group II Student Loans.
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Subsequent Student Loans means the Student Loans acquired by the Trust from the Depositor after the Closing Date with proceeds in the Acquisition Fund Account.
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Related to Subsequent Student Loans

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Purchased Student Loan means a Trust Student Loan which is, as of the close of business on the last day of a Collection Period, purchased by the Servicer pursuant to Section 3.5 of the Servicing Agreement or repurchased by the Depositor pursuant to Section 6 of the Sale Agreement, repurchased by SLC pursuant to Section 6 of the Purchase Agreement or sold to another eligible lender holding one or more Serial Loans with respect to such Trust Student Loan pursuant to Section 3.12E or Section 3.12F of the Servicing Agreement.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Trust Student Loan means any student loan that is listed on the Schedule of Trust Student Loans on the Closing Date, plus any Additional Loan, plus any Substituted Loan that is permissibly substituted for a Trust Student Loan by the Depositor pursuant to Section 6(B) of the Sale Agreement or pursuant to Section 6(B) of an Additional Sale Agreement, or by the Servicer pursuant to Section 3.5 of the Servicing Agreement, but shall not include any Purchased Loan following receipt by or on behalf of the Trust of the Purchase Amount with respect thereto or any Liquidated Student Loan following receipt by or on behalf of the Trust of Liquidation Proceeds with respect thereto or following such Liquidated Student Loan having otherwise been written off by the Servicer.

  • Purchased Loans means, with respect to each Purchase Agreement, the Loans offered for sale and purchased or substituted pursuant to such Purchase Agreement.

  • student loan means a loan towards a student’s maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student’s bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Subsequent Mortgage Loan A Mortgage Loan sold by the Depositor to the Trust Fund pursuant to Section 2.08, such Mortgage Loan being identified on the Mortgage Loan Schedule attached to a Subsequent Transfer Instrument.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans together with the Repurchase Assets related to such Mortgage Loans transferred by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Mortgage Loans Such of the mortgage loans transferred and assigned to the Trustee pursuant to the provisions hereof as from time to time are held as a part of the Trust Fund (including any REO Property), the mortgage loans so held being identified in the Mortgage Loan Schedule, notwithstanding foreclosure or other acquisition of title of the related Mortgaged Property.

  • Subsequent Mortgage Loan Purchase Agreement The agreement between the Depositor and the Seller regarding the transfer of the Subsequent Mortgage Loans by the Seller to the Depositor.

  • Subsequent Recovery Any amount recovered by a Servicer or the Master Servicer with respect to a Liquidated Mortgage Loan with respect to which a Realized Loss was incurred after the liquidation or disposition of such Mortgage Loan.

  • Eligible Loans has the meaning specified in any of the Purchase Agreements or the Sale Agreement, as applicable.

  • Note A-1 Securitization Date means the closing date of the Note A-1 Securitization.

  • Initial Receivables means the Receivables transferred to the Trust on the Closing Date as set forth on the Schedule of Receivables attached to the Initial SSA Assignment.

  • Purchased Loan means each motor vehicle retail installment loan relating to the sale of an automobile or light-duty truck originated by a Dealer, purchased by the Originator from such Dealer and evidenced by a Purchased Loan Contract; provided, however, that the term “Purchased Loan” shall, for purposes of this Agreement, include only those Purchased Loans identified from time to time on Schedule A hereto.

  • Note A-1-1 Securitization means the first sale by the Note A-1-1 Holder of all or a portion of Note A-1-1 to a depositor who will in turn include such portion of Note A-1-1 as part of the securitization of one or more mortgage loans.

  • Note A-6 Securitization Date means the closing date of the Note A-6 Securitization.

  • Note A-4 Securitization Date means the closing date of the Note A-4 Securitization.

  • Note A-1 Securitization means the first sale by the Note A-1 Holder of all or a portion of Note A-1 to a depositor who will in turn include such portion of Note A-1 as part of the securitization of one or more mortgage loans.

  • Servicer Advance Date As to any Distribution Date, 11:30 a.m., Eastern time, on the Business Day immediately preceding such Distribution Date.

  • Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Subsequent Sale means the sale of additional Securitization Property by the Seller to the Issuer after the Initial Transfer Date, subject to the satisfaction of the conditions specified in the Sale Agreement and the Indenture.

  • Note A-2 Securitization Date means the closing date of the Note A-2 Securitization.

  • Whole Loan As defined in the Introductory Statement.

Most Referenced Clauses

Most Referenced Definitions