Common use of Endorsement Clause in Contracts

Endorsement. The Seller shall provide a blanket endorsement transferring the entire interest of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller in the Loans to the Eligible Lender Trustee for the benefit of the Purchaser with the form of endorsement provided for in the Initial Sale Agreement with respect to the Initial Loans or any Additional Sale Agreement with respect to any Additional Loans or Substituted Loans. At the direction of and in such form as the Purchaser may designate, the Seller also agrees to individually endorse any Eligible Loan as the Purchaser may request from time to time.

Appears in 28 contracts

Samples: Initial Sale Agreement (SLM Student Loan Trust 2011-2), Initial Sale Agreement (SLM Student Loan Trust 2011-1), Initial Sale Agreement (SLM Student Loan Trust 2010-2)

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Endorsement. The Seller and the Eligible Lender Trustee on behalf of the Seller shall provide a blanket endorsement transferring the entire interest of the Seller (and with respect to legal title, the Interim Eligible Lender Trustee for the benefit on behalf of the Seller Seller) in the Loans to the Purchaser (and with respect to legal title, to the Eligible Lender Trustee for the benefit on behalf of the Purchaser Purchaser) with the form of endorsement provided for in the Initial related Sale Agreement with respect to the Initial Loans or any Additional Sale Agreement with respect to any Additional Loans or Substituted LoansAgreement. At the direction of and in such form as the Purchaser may designate, the Seller also agrees to individually endorse any Eligible Loan as the Purchaser may request from time to time.

Appears in 15 contracts

Samples: Master Terms Sale Agreement (SLC Student Loan Trust 2010-1), Master Terms Sale Agreement (SLC Student Loan Receivables I Inc), Sale Agreement (SLC Student Loan Trust 2007-1)

Endorsement. The Seller shall provide a blanket endorsement transferring the entire interest of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller in the Loans to the Eligible Lender Trustee for the benefit of the Purchaser with the form of endorsement provided for in the Initial Sale Agreement with respect to the Initial Loans or any Additional Sale Agreement with respect to any Additional Loans or Substituted Loans. Sale Agreement At the direction of and in such form as the Purchaser may designate, the Seller also agrees to individually endorse any Eligible Loan as the Purchaser may request from time to time.

Appears in 8 contracts

Samples: Initial Sale Agreement (SLM Student Loan Trust 2006-9), Initial Sale Agreement (SLM Student Loan Trust 2006-8), Initial Sale Agreement (SLM Student Loan Trust 2005-9)

Endorsement. The Seller shall provide a blanket endorsement transferring the entire interest of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller in the Loans to the Eligible Lender Trustee for the benefit of the Purchaser with the form of endorsement provided for in the Initial Sale Agreement with respect to the Initial Loans or any Additional Sale Agreement with respect to any Additional Loans or Substituted Loans. Sale Agreement -10- At the direction of and in such form as the Purchaser may designate, the Seller also agrees to individually endorse any Eligible Loan as the Purchaser may request from time to time.

Appears in 1 contract

Samples: Initial Sale Agreement (SLM Student Loan Trust 2006-7)

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Endorsement. The Seller shall provide a blanket endorsement transferring the entire interest of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller in the Loans to the Eligible Lender Trustee for the benefit of the Purchaser with the form of Sale Agreement endorsement provided for in the Initial Sale Agreement with respect to the Initial Loans or any Additional Sale Agreement with respect to any Additional Loans or Substituted Loans. At the direction of and in such form as the Purchaser may designate, the Seller also agrees to individually endorse any Eligible Loan as the Purchaser may request from time to time.

Appears in 1 contract

Samples: Initial Sale Agreement (SLM Student Loan Trust 2007-5)

Endorsement. The Seller shall provide a blanket endorsement transferring the entire interest of the Seller and the Interim Eligible Lender Trustee for the benefit of the Seller in the Loans to the Eligible Lender Trustee for the benefit of the Purchaser with the form of endorsement provided for in the Initial Sale Agreement with respect to the Initial Loans Sale Agreement or any Additional Sale Agreement with respect to any Additional Loans or Substituted Loans. At the direction of and in such form as the Purchaser may designate, the Seller also agrees to individually endorse any Eligible Loan as the Purchaser may request from time to time.

Appears in 1 contract

Samples: Initial Sale Agreement (SLM Student Loan Trust 2006-1)

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