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.
Part II 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 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.
SCHEDULE B-1 TO THE INDENTURE Schedule of Subsequent Student Loans that are Group I Student Loans To be included on Schedule A to each related Subsequent Transfer Agreement.
Schedule of Subsequent Student Loans that are Group II Student Loans To be included on Schedule A to each related Subsequent Transfer Agreement.
On each Subsequent Transfer Date during the Funding Period on which Subsequent Student Loans are to be conveyed to the Issuer, the Issuer shall instruct the Indenture Trustee in writing to withdraw from the Pre- Funding Account an amount up to 109.8% of the sum of the principal balance of, plus to the extent capitalized or to be capitalized upon commencement of repayment or during deferment or forbearance, accrued interest on, such Subsequent Student Loans.
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.
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.
S I G N I F I C A N T A C C O U N T I N G P O L I C I E S (continued)o) Income tax (continued)Current tax is the expected tax payable on the taxable income for the year, using tax rates enacted or substantively enacted at the end of the reporting period, and any adjustment to tax payable in respect of previous years.
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.