No Segregation of Moneys; No Interest. Subject to Section 5.1, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Agreement and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 111 contracts
Sources: Trust Agreement (Navient Student Loan Trust 2014-8), Trust Agreement (Navient Student Loan Trust 2014-5), Trust Agreement (Navient Student Loan Trust 2014-2)
No Segregation of Moneys; No Interest. Subject to Section 5.15.01, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Agreement and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 16 contracts
Sources: Trust Agreement, Trust Agreement, Trust Agreement (SLM Private Credit Student Loan Trust 2006-A)
No Segregation of Moneys; No Interest. Subject to Section 5.15.01, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner manner, except to the extent required by law or the Administration Sale and Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 11 contracts
Sources: Trust Agreement (Keycorp Student Loan Trust 2000-A), Trust Agreement (Keycorp Student Loan Trust 2002-A), Trust Agreement (Keycorp Student Loan Trust 2000-B)
No Segregation of Moneys; No Interest. Subject to Section ------------------------------------- 5.1, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Agreement and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 10 contracts
Sources: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
No Segregation of Moneys; No Interest. Subject to Section 5.1, ------------------------------------- moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Agreement and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 2 contracts
Sources: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
No Segregation of Moneys; No Interest. Subject to Section 5.15.01, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Master Servicing Agreement and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 1 contract
Sources: Trust Agreement (First Union Student Loan Trust 1997-1)
No Segregation of Moneys; No Interest. Subject to Section 5.15.01, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Agreement Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 1 contract
No Segregation of Moneys; No Interest. Subject to ------------------------------------- Section 5.15.01, moneys received by the Eligible Lender Trustee hereunder need not be segregated in any manner except to the extent required by law or the Administration Agreement Basic Documents and may be deposited under such general conditions as may be prescribed by law, and the Eligible Lender Trustee shall not be liable for any interest thereon.
Appears in 1 contract