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DOCUMENT TITLE:  STUDENT LOAN PURCHASE AGREEMENT .
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Clause Heading
SECTION 1. - TERMS
(b) - Interest Subsidy and Special Allowance Payments.
(c) - Settlement of Purchase Price.
SECTION 2. - COMMITMENT TO LEND UNDER FFELP
SECTION 3. - DEFINITIONS
(a) - Consummation of Transfer.
(d) - Conditions Precedent to Transfer.
(i) - Execution and Delivery of Bill of Sale.
(ii) - Endorsement.
(iii) - Loan Transfer Statement.
(iv) - Payment of Purchase Price.
(v) - Servicing Agreement.
(vi) - Loan Data Schedule.
(vii) - Notice of Intent to Participate.
(viii) - Trust Receipt.
(ix) - Power of Attorney.
(e) - Grant of Collateral Security Interest.
(f) - Intent of the Parties.
(g) - Power of Attorney.
SECTION 5. - REPRESENTATIONS, WARRANTIES AND COVENANTS
(c) - Representations and Warranties of the Purchaser.
(d) - Representations and Warranties of the Purchaser ELT.
(e) - Covenants of the Seller.
(f) - Covenants of the Seller ELT.
(g) - Covenants of the Purchaser.
(h) - Covenants of the Purchaser ELT.
(a) - Repurchase of Student Loans; Repurchase.
(b) - Release of Lien Upon Purchase of Student Loan.
SECTION 7. - OBLIGATION TO REMIT SUBSEQUENT PAYMENTS AND FORWARD COMMUNICATIONS
SECTION 8. - CONTINUING OBLIGATION OF THE SELLER
SECTION 9. - LIABILITY OF THE SELLER; INDEMNITIES
SECTION 10. - LIMITATION ON LIABILITY OF ELIGIBLE LENDER TRUSTEES
SECTION 11. - EXPENSES
SECTION 12. - SURVIVAL OF COVENANTS
SECTION 13. - NOTICES
SECTION 14. - FORM OF INSTRUMENTS
SECTION 15. - WAIVERS AND AMENDMENTS
SECTION 16. - NON-PETITION COVENANTS
SECTION 17. - GOVERNING LAW
SECTION 18. - SUCCESSORS AND ASSIGNS
SECTION 19. - INTENDED THIRD PARTY BENEFICIARIES
SECTION 20. - TAX TREATMENT
SECTION 21. - SUBMISSION TO JURISDICTION
(xxii) - Such Loan is an Eligible Loan.
(viii) - The Seller shall deliver to the Purchaser, the Department and the Conduit Administrator:
Section 1.01 - Defined Terms.
Section 2.01 - Loans to Company.
Section 2.02 - Companys Obligations.
Section 2.03 - Requests for Loans.
Section 2.04 - Interest.
Section 2.05 - Repayment and Prepayment of the Loans.
Section 5.02 - Remedies.
Section 3.01 - Representations and Warranties.
Section 4.01 - Compliance with Laws.
Section 4.02 - Keeping of Records and Books of Account.
Section 4.03 - No Distributions.
Section 5.01 - Events of Default.
Section 5.03 - Subordination.
Section 6.01 - Amendments and Waivers.
Section 6.02 - Notices.
Section 6.03 - No Waivers; Remedies.
Section 6.04 - Successors and Assigns.
Section 6.05 - Governing Law.
Section 6.06 - Severability.
Section 6.07 - Submission to Jurisdiction.
Section 6.08 - Waiver of Jury Trial.
Section 6.09 - Appointment of Service Agent.
Section 6.10 - Bankruptcy Non-Petition and Limited Recourse.
Section 6.11 - Execution in Counterparts.
Section 6.12 - Integration.
Section 6.13 - Section Titles.
Section 6.14 - Survival.