Allocation of premium charges. The participation agreement shall specify terms for allocating premium charges between the borrower and the participating financial institution. However, if the participating fi- nancial institution is required to pay any of the premium charges, the participation agree- ment shall authorize the participating xxxxx- cial institution to recover from the borrower the cost of the payment of the participating fi- nancial institution, in any manner on which the participating financial institution and the borrower agree.
Appears in 5 contracts
Samples: Participation Agreement, Participation Agreement, Participation Agreement
