Common use of Credit Agreement Forms Clause in Contracts

Credit Agreement Forms. Servicer shall promptly review promissory note or credit agreement forms that are proposed by FMC and/or Program Lender and, after mutual resolution of any comments thereon that affect the Servicing of such forms, accept such forms for purposes of product set-up and conversion.

Appears in 3 contracts

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

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Credit Agreement Forms. Servicer shall promptly review promissory note or credit agreement Credit Agreement forms that are proposed by FMC and/or Lender Participant (or Program Administrator on behalf of Lender Participant) and, after mutual resolution of any comments thereon that affect the Servicing of such forms, accept such forms for purposes of product set-up and conversion.

Appears in 3 contracts

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

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Credit Agreement Forms. Servicer shall promptly review promissory note or credit agreement Credit Agreement forms that are proposed by FMC and/or Program Lender Administrator and, after mutual resolution of any comments thereon that affect the Servicing of Loans in connection with such forms, accept such forms for purposes of product set-up and conversion. The Parties may propose changes to the Credit Agreement forms from time to time. After mutual resolution of any comments thereon by the Parties, the Parties shall accept such forms for the origination (by FMER) and Servicing (by Servicer) for new Loans.

Appears in 2 contracts

Samples: Administration Agreement (First Marblehead Corp), Administration Agreement (First Marblehead Corp)

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