Common use of Applicable Policies, Regulations, and Act Clause in Contracts

Applicable Policies, Regulations, and Act. The performance of this Agreement is governed by Title IV, Part B of the Higher Education Act of 1965, (20 U.S.C. § 1071 et seq.) as now or hereafter amended (“Act”), and the effective regulations promulgated thereunder by the Secretary of Education (“Secretary”), as now or hereafter amended (“Regulations”). The performance of the parties hereunder shall also be governed by the Common Manual: Unified Student Loan Policy, as amended and updated from time to time and any other policies adopted and issued by NELA describing the administration of its loan guarantee program (the “Policies”). If NELA adopts any policies different from or in addition to those stated in the Common Manual, NELA shall give notice to the Lender, by certified mail, return receipt requested, of any such amendment or revision. Lender shall not be bound by any such amendments issued by NELA if it has not received such notice. The Policies, Regulations and Act are hereby incorporated into this Agreement, with the same force and effect as if they were found in the body of the Agreement itself.

Appears in 2 contracts

Samples: Lender Participation Agreement (Higher Education Funding I), Northwest Education (Higher Education Funding I)

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Applicable Policies, Regulations, and Act. The performance of this Agreement is governed by Title IV, Part B of the Higher Education Act of 1965, (20 U.S.C. § 1071 et seq.) as now or hereafter amended (“Act”), and the effective regulations applicable Regulations promulgated thereunder by the Secretary of Education (“Secretary”), as now or hereafter amended (34 C.F.R. 668 and 34 C.F.R. 682) (“Regulations”); and Title IV, Part B of the Higher Education Act of 1965, as now or hereafter amended (20 U.S.C. § 1071-1087-2) (“Act”). The performance of the parties hereunder shall also be governed by the Common Manual: Unified Student Loan Policy, as amended and updated from time to time and any other policies adopted and issued by NELA describing the administration of its loan guarantee program (the “Policies”). If NELA adopts any policies different from or in addition to those stated in the Common Manual, NELA shall give notice to the Lender, by certified mail, return receipt requested, of any such amendment or revision. Lender shall not be bound by any such amendments issued by NELA if it has not received such notice. The Policies, Regulations and Act are hereby incorporated into this Agreement, with the same force and effect as if they were found in the body of the Agreement itself.

Appears in 1 contract

Samples: Northwest Education (Higher Education Funding I)

Applicable Policies, Regulations, and Act. The performance of this Agreement is governed by Title IV, Part B of the Higher Education Act of 1965, (20 U.S.C. § (S) 1071 et seq.) as now or hereafter amended ("Act"), and the effective regulations promulgated thereunder by the Secretary of Education ("Secretary"), as now or hereafter amended ("Regulations"). The performance of the parties hereunder shall also be governed by the Common Manual: Unified Student Loan Policy, as amended and updated from time to time and any other policies adopted and issued by NELA describing the administration of its loan guarantee program (the "Policies"). If NELA adopts any policies different from or in addition to those stated in the Common Manual, NELA shall give notice to the Lender, by certified mail, return receipt requested, of any such amendment or revision. Lender shall not be bound by any such amendments issued by NELA if it has not received such notice. The Policies, Regulations and Act are hereby incorporated into this Agreement, with the same force and effect as if they were found in the body of the Agreement itself.

Appears in 1 contract

Samples: Lender Participation Agreement (Education Loans Inc /De)

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Applicable Policies, Regulations, and Act. The performance of this Agreement is governed by Title IV, Part B of the Higher Education Act of 1965, (20 U.S.C. § 1071 et seq.) as now or hereafter amended (“Act”), and the effective regulations applicable Regulations promulgated thereunder by the Secretary of Education (“Secretary”), as now or hereafter amended (34 C.F.R. 668 and 34 C.F.R. 682) (“Regulations”); and Title IV, Part B of the Higher Education Act of 1965, as now or hereafter amended (20 U.S.C. § 1071-1087-2) (“Act”). The performance of the parties hereunder shall also be governed by the Common Manual: Unified Student Loan Policy, as amended and updated from time to time and any other policies adopted and issued by NELA describing the administration of its loan guarantee program (the “Policies”). If NELA adopts any policies different from or in addition to those stated in the Common Manual, NELA shall give notice to the Lender, by certified mail, return receipt requested, of any such amendment or revision. Lender shall not be bound by any such amendments issued by NELA if it has not received such notice. The Policies, Regulations and Act are hereby incorporated into this Agreement, with the same force and effect as if they were found in the body of the Agreement Agreements itself.

Appears in 1 contract

Samples: Lender Participation Agreement (Higher Education Funding I)

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