Subsequent Receipts. In the event that Program Lender shall receive, subsequent to any such assignment, any amounts whatsoever in respect to the CFS Conforming Loans so assigned in the nature of those described in Section 3.04 above, such amounts shall be held by Program Lender in trust for FMC or the Purchaser Trust to which it has sold the Notes, and the Program Lender shall deliver such amounts within ten (10) business days to the trustee under the Trust Indenture.
Appears in 3 contracts
Sources: Note Purchase Agreement (National Collegiate Funding LLC), Note Purchase Agreement (National Collegiate Funding LLC), Note Purchase Agreement (First Marblehead Corp)