Common use of Claim Processing Clause in Contracts

Claim Processing. a. The Owner shall pay a claim processing fee of $[**] for each defaulted Student Loan per claim package filed. Claim processing shall include, without limitation, presentation to Insurer of all documentation required under the Servicing Guidelines, in the form required thereunder. Servicer will provide DDB Certification and Closed School Certification at no charge.

Appears in 2 contracts

Samples: Private Student Loan Servicing Agreement (National Collegiate Student Loan Trust 2006-3), Private Student Loan Servicing Agreement (First Marblehead Corp)

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Claim Processing. a. The Owner shall pay a claim processing fee of $[**] for each defaulted Student Loan per claim package filed. Claim processing shall include, without limitation, presentation to Insurer of all documentation required under the Servicing Guidelines, in the form required thereunder. Servicer will provide DDB Certification and Closed School Certification at no charge.

Appears in 2 contracts

Samples: Private Student Loan Program Agreement (First Marblehead Corp), Private Student Loan Program Agreement (First Marblehead Corp)

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