Common use of Death of Student Clause in Contracts

Death of Student. If the Student should die during the Term of this Agreement, all Payments will cease as of the previous month prior to her or his death. All accrued but unpaid Payments will continue to be due as of this date. The Funder may file a claim against the estate for any such accrued but unpaid Payments. No Monthly Payment or Reconciliation Payment will be due from the estate, unless previously calculated.

Appears in 2 contracts

Samples: Income Share Agreement, Income Share Agreement

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Death of Student. If the Student should die during the Term of before this AgreementAgreement is satisfied, all Payments will cease as of the previous month prior to her or his death. All accrued but unpaid Payments will continue to be due as of this date. The Funder may file a claim against the estate for any such accrued but unpaid Payments. No Monthly Payment or Reconciliation Payment will be due from the estate, unless previously calculated.

Appears in 1 contract

Samples: Income Share Agreement

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Death of Student. If the Student should die during the Term of this Agreement, all Payments will cease as of the previous month prior to her or his death. All accrued but unpaid Payments will continue to be due as of this date. The Funder may file a claim against the estate for any such accrued but unpaid Payments. No Monthly Payment or Reconciliation Payment will be due from the estate, unless previously calculated.

Appears in 1 contract

Samples: Your Agreement

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