As used in this Terms of Use, the term “website” shall mean and refer to all computer files and portions thereof, including without limitation all executable files, text files, HTML files, Adobe Portable Documents Format (“PDF”) files, Excel files, CGI scripts, images and graphics, and any other computer files which may be viewed, linked together or downloaded as a single interactive unit, and accessed by the public using the domain name “www.College Ave.com” or some derivative or level thereof. References to “College Ave” mean College Avenue Student Loans, LLC, and to the “Issuers” means the affiliates of College Ave that issue asset-backed securities from time to time.
By selecting the appropriate hypertext link, you may access the trust reports and certain other documents, data and reports pertaining to the various asset-backed securities issued by the Issuers, and certain performance and other information relating to College Ave’s private student loan portfolio and the loan portfolios of each Issuer.
Informational Purposes Only
The information on this website is for information purposes only and has been obtained from sources believed to be reliable. However, College Ave cannot guarantee the accuracy, timeliness or completeness of such information.
No Guaranty
The asset-backed securities issued by the Issuers do not represent interests in or obligations of, and are not guaranteed or insured by College Ave or any of its affiliates, in any capacity, or by the United States, any governmental agency, or any other entity. The asset-backed securities issued by an Issuer listed herein are described in an offering memorandum containing information about the terms and conditions of the asset-backed securities, financial characteristics and servicing information related to the underlying private student loan assets, trading information about the asset-backed securities, and other issuance details.
No Offering or Solicitation
Unless otherwise disclosed, the asset-backed securities issued by an Issuer have not been registered under the Securities Act of 1933, as amended, or applicable state securities laws, and may not be offered or sold in the United States except pursuant to an exemption from such registration requirements. The securities issued by any Issuer have not been approved or disapproved by the United States Securities and Exchange Commission, any state securities commission or any other regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of any offering of the asset-backed securities issued by an Issuer.
This website and the information contained in the materials on this website do not constitute an offer or the solicitation of an offer for the purchase or sale of any securities as they have been provided for informational purposes only. Nothing contained in this website constitutes an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Securities described or referenced on this website may be offered and sold only where lawful under applicable law and via printed (not downloaded) offering memorandums as permitted by applicable securities law. The securities described in the materials on this website are traded in the secondary market. For further information concerning secondary market trading, consult with an investment advisor or broker.
Investment Considerations
Investment in securities issued by an Issuer entails certain risks described in the applicable offering documents. Prospective investors should consult their own financial and legal advisors about risks associated with investment in a particular issue of securities and the suitability of investing in the securities in light of their particular circumstances.
No Investment Advice
College Ave and its affiliates do not intend to provide investment advice through this website and do not represent that the securities or services discussed are suitable for any user of this website. Such users are advised not to rely on any information contained in this website in the process of making any investment decision. College Ave does not, and this website does not intend to, render any tax or legal advice.
Information is Subject to Change or Discontinuation Without Notice
College Ave undertakes no obligation to update any information included in this website. The information and expressions of opinion herein (and the terms and conditions of the access to and use of such information) are subject to change without notice and College Ave reserves the right to terminate any portion or all information on this website. The posting of information on this website does not imply that there has been no change in the affairs of College Ave or of any of its affiliates or the Issuers for which information is provided on this website following the date of posting such information. Additional or more current information may be available from other sources. The information provided herein may not provide all information that may be of interest to users of this website.
Any address of or links to other websites that may be contained herein are given for the convenience of the user only. The existence of any such link does not indicate that College Ave approves or endorses any material contained on any linked website. College Ave has not participated in the preparation, compilation, or selection of information on any other website, and assumes no responsibility or liability for the contents thereof.
Limitation to Non-Commercial Use
The services and information provided through this website are for non-commercial use and display. Each user of this website (a) shall not engage in any activities related to the website that are contrary to applicable law, regulation or public policy and (b) in circumstances where locations of the website require identification for access, shall establish commercially reasonable security procedures and controls to limit access to applicable passwords and other identifying information to authorized individuals.
Conversion of Document Format
The downloadable documents on this website may have been converted to electronic format from the original version of each such document, and College Ave has not tested or verified the accuracy or completeness of any of the above. College Ave and its agents do not accept responsibility for errors or omissions in any such documents which are referenced by or linked to any of these resulting from such electronic conversion.
No Liability
In no event shall College Ave or its agents, advisers, accountants, attorneys or any underwriter, broker-dealer or other agent of College Ave or the Issuers be liable for any lost profits, lost opportunity, consequential, indirect, incidental, punitive, exemplary or special damages of any kind arising out of any use of or inability to use the website or any portion thereof or information therein, regardless of whether College Ave or any of the foregoing persons have been informed of the likelihood of such damages occurring and regardless of the form of action, whether in contract, warranty, tort (including negligence), strict liability, or otherwise. In no event will College Ave or its agents, advisers, accountants, attorneys or any underwriter, broker-dealer or other agent of College Ave or the Issuers be liable for any damages of any kind on any theory of liability arising out of or in connection with the use of any of the downloadable documents on this website or available through this website. College Ave disclaims any responsibility or liability for any delay, difficulty in use, computer viruses, malicious code or other defect in this website, any incompatibility between the website and the user’s files and the user’s browser or other site accessing program, any damages caused by viruses contained within the electronic files at this website, or any other problems experienced by the user. In addition, internet communications cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. Therefore, we cannot assure that any user of this website will receive information in the form contained on this website.
Forward-Looking Statements
The documents posted on this website may make “forward-looking statements” by using forward-looking words such as “may,” “will,” “should,” “expects,” “believes,” “anticipates,” “estimates,” or others. You are cautioned that forward-looking statements are subject to a variety of uncertainties that could cause actual results to differ from the projected results. Because we cannot predict all factors that may affect future decisions, actions, events, policy decisions, or financial circumstances, what actually happens may be different than what is included in forward-looking statements.
SPECIAL NOTICE FOR NEW JERSEY USERS
BY USING THIS WEBSITE, YOU: (A) ASSUME ALL RISKS OF LOSSES OR DAMAGES RESULTING FROM YOUR USE OF OR INABILITY TO USE THIS WEBSITE; (B) IRREVOCABLY WAIVE ALL LOSSES OR INDIRECT, SPECIAL, CONSEQUENTIAL, PUNITIVE OR INCIDENTAL DAMAGES (INCLUDING, WITHOUT LIMITATION, THOSE RESULTING FROM LOST PROFITS, LOST DATA OR BUSINESS INTERRUPTION) THAT MAY OCCUR AS A RESULT OF YOUR USE OF THIS WEBSITE; AND (C) EXPRESSLY AGREE TO RELEASE AND DISCHARGE COLLEGE AVENUE, AND ITS AFFILIATES, EMPLOYEES, AGENTS, REPRESENTATIVES, SUCCESSORS, OR ASSIGNS FROM ANY AND ALL CLAIMS OR CAUSES OF ACTION RESULTING, DIRECTLY OR INDIRECTLY, FROM YOUR USE OF THIS WEBSITE; AND (D) YOU VOLUNTARILY GIVE UP OR WAIVE ANY RIGHT THAT YOU MAY OTHERWISE HAVE TO BRING A LEGAL ACTION AGAINST COLLEGE AVENUE FOR LOSSES OR DAMAGES, WHETHER BASED ON WARRANTY, CONTRACT, TORT OR OTHER LEGAL THEORY, INCLUDING ANY CLAIM BASED ON ALLEGED NEGLIGENCE ON THE PART OF COLLEGE AVENUE AND ITS AGENTS AND EMPLOYEES. YOU ACKNOWLEDGE THAT YOU HAVE CAREFULLY READ THIS “WAIVER AND RELEASE” AND FULLY UNDERSTAND THAT IT IS A RELEASE OF LIABILITY.