Common use of Delivery of the Notes and Payment Therefor Clause in Contracts

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14, 2021, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇ LLP, not later than 5:00 p.m., New York City time, on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer may agree.

Delivery of the Notes and Payment Therefor. Delivery to the Underwriters of and payment for the Notes shall be made at 10:00 a.m.the office of Stroock & Stroock & Lavan LLP, New York City timeYork, on May 14New York, 2021, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇ LLP, not later than 5:00 1:00 p.m., New York City time, on ▇▇▇▇ 29, 2003 (the Business Day before "Closing Date"). The place of such closing and the Closing DateDate may be varied by agreement between the Representatives and Nelnet Funding. The Notes will be delivered to the Underwriters against payment of the purchase price therefor to the Company in Federal Funds, by wire transfer to an account at a bank acceptable to the Representatives, or such other dateform of payment as to which the parties may agree. Unless otherwise agreed to by Nelnet Funding and the Representatives, time each Class of Notes will be evidenced by a single global security in definitive form deposited with the Trustee as custodian for DTC and/or by additional definitive securities, and place will be registered, in the case of the global Classes of Notes, in the name of Cede & Co. as nominee of The Depository Trust Company ("DTC"), and in the other cases, in such names and in such denominations as the Representatives Underwriters shall request prior to 1:00 p.m., New York City time, no later than the business day preceding the Closing Date. The Notes to be delivered to the Underwriters shall be made available to the Underwriters in Denver, Colorado, for inspection and packaging not later than 9:30 a.m., Denver time, on the Issuer may agreebusiness day next preceding the Closing Date.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14August 15, 20212023, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer Company (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives Underwriters and the Issuer Company may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters Representatives of the purchase price thereof, to or upon the order of the Issuer Company by wire transfer payable in immediately available same-day funds to an account specified by the IssuerCompany. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives for the respective accounts of the several Underwriters through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of HPillsbury ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ LLP, New York, New York, not later than 5:00 1:00 p.m., New York City time, time on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer Company may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14August 22, 20212022, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇▇ LLP, not later than 5:00 p.m., New York City time, on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14July 1, 20212025, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer Company (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives Underwriters and the Issuer Company may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters Representatives of the purchase price thereof, to or upon the order of the Issuer Company by wire transfer payable in immediately available same- day funds to an account specified by the IssuerCompany. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives for the respective accounts of the several Underwriters through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of HPillsbury ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ LLP, New York, New York, not later than 5:00 1:00 p.m., New York City time, time on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer Company may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 1423, 2021, 2025 or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇ LLP, not later than 5:00 p.m., New York City time, on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14August 17, 20212020, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇ LLP, not later than 5:00 p.m., New York City time, on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14March 10, 2021, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer Company (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives Underwriters and the Issuer Company may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters Representatives of the purchase price thereof, to or upon the order of the Issuer Company by wire transfer payable in immediately available same-day funds to an account specified by the IssuerCompany. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives for the respective accounts of the several Underwriters through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of HPillsbury ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ LLP, New York, New York, not later than 5:00 1:00 p.m., New York City time, time on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer Company may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 14September 24, 2021, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer Company (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives Underwriters and the Issuer Company may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters Representatives of the purchase price thereof, to or upon the order of the Issuer Company by wire transfer payable in immediately available same-day funds to an account specified by the IssuerCompany. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives for the respective accounts of the several Underwriters through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of HPillsbury ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ LLP, New York, New York, not later than 5:00 1:00 p.m., New York City time, time on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer Company may agree.

Delivery of the Notes and Payment Therefor. Delivery to the Underwriters of and payment for the Series 2005-1 Notes shall be made at the office of Stroock & Stroock & ▇▇▇▇▇ LLP, at 10:00 a.m., Eastern Time, on January 31, 2005 (the "Closing Date"). The place of such closing and the Closing Date may be varied by agreement between the Underwriters and the Company. The Series 2005-1 Notes will be delivered to the Underwriters against payment of the purchase price therefor to the Company in Federal Funds, by wire transfer to an account at a bank acceptable to the Underwriters, or such other form of payment as to which the parties may agree. Unless otherwise agreed to by the Company and the Underwriters, each Series of Series 2005-1 Notes will be evidenced by a single global security in definitive form deposited with the Trustee as custodian for DTC and/or by additional definitive securities, and will be registered, in the case of the global Series of Series 2005-1 Notes, in the name of Cede & Co. as nominee of The Depository Trust Company ("DTC"), and in the other cases, in such names and in such denominations as the Underwriters shall request prior to 1:00 p.m., New York City time, no later than the business day preceding the Closing Date. The Series 2005-1 Notes to be delivered to the Underwriters shall be made available to the Underwriters in New York, New York, for inspection and packaging not later than 9:30 a.m., New York City time, on May 14, 2021, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇ LLP, not later than 5:00 p.m., New York City time, on the Business Day before business day next preceding the Closing Date, or such other date, time and place as the Representatives and the Issuer may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 1413, 20212024, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives and the Issuer may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters of the purchase price thereof, to or upon the order of the Issuer by wire transfer payable in immediately available funds to an account specified by the Issuer. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of H▇▇▇▇▇▇▇ LLP, not later than 5:00 p.m., New York City time, on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer may agree.

Delivery of the Notes and Payment Therefor. Delivery of and payment for the Notes shall be made at 10:00 a.m., New York City time, on May 1429, 20212024, or at such time on such later date not more than five (5) Business Days after the foregoing date as the Representatives shall designate, which date and time may be postponed by mutual written agreement of the Representatives and the Issuer Company (such date and time of delivery and payment for the Notes being herein called the “Closing Date”) (or at such other time on the same or on such other date, in any event not later than the third Business Day thereafter, as the Representatives Underwriters and the Issuer Company may agree in writing). Delivery of the Notes shall be made against payment by the Underwriters Representatives of the purchase price thereof, to or upon the order of the Issuer Company by wire transfer payable in immediately available same-day funds to an account specified by the IssuerCompany. The 2028 Notes and the 2033 Notes will each be delivered to the Representatives for the respective accounts of the several Underwriters through the facilities of The Depository Trust Company (“DTC”). The 2028 Notes and the 2033 Notes shall each be global notes registered in the name of Cede & Co., as nominee for DTC. The interests of beneficial owners of the Notes will be represented by book entries on the records of DTC and participating members thereof. The number and denominations of definitive notes so delivered shall be as specified by DTC. The definitive notes for the 2028 Notes and the 2033 Notes will be made available for inspection by the Representatives at the offices of HPillsbury ▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ LLP, New York, New York, not later than 5:00 1:00 p.m., New York City time, time on the Business Day before the Closing Date, or such other date, time and place as the Representatives and the Issuer Company may agree.