Eligible Loans. Borrower accounts processed under the RWCL Program must consist of: at least one federal loan qualifying for Federal Consolidation as defined under Section 428 C of the Act; it being understood that such accounts at no time will include any HEAL loan, any loan held by the guarantor or insurer of such loan, or any Loan with a condition, or that is affected by an event or circumstance, allowing the holder thereof to file any claim for guarantee or insurance payment with respect to such Loan.
Appears in 3 contracts
Samples: Loan Origination Responsibility Agreement (Collegiate Funding Services Inc), Loan Origination Responsibility Agreement (Collegiate Funding Services Inc), Loan Origination Responsibility Agreement (Collegiate Funding Services Inc)
Eligible Loans. Borrower accounts processed under the RWCL Program must consist of: at least one federal loan qualifying for Federal Consolidation as defined under Section 428 C of the Higher Education Act; it being understood that such accounts at no time will include any HEAL loan, any loan held by the guarantor or insurer of such loan, or any Loan with a condition, or that is affected by an event or circumstance, allowing the holder thereof to file any claim for guarantee or insurance payment with respect to such Loan.
Appears in 3 contracts
Samples: Responsibility Agreement (Collegiate Funding Services Inc), Responsibility Agreement (Collegiate Funding Services Inc), Responsibility Agreement (Collegiate Funding Services Inc)
Eligible Loans. Borrower accounts processed under the RWCL Program must consist of: of at least one federal loan qualifying for Federal Consolidation as defined under Section 428 C 428C of the Higher Education Act; it being understood that such accounts at no time will include any HEAL loan, any loan held by the guarantor or insurer of such loan, or any Loan with a condition, or that is affected by an event or circumstance, allowing the holder thereof to file any claim for guarantee or insurance payment with respect to such Loan.
Appears in 2 contracts
Samples: Amendment Agreement (Collegiate Funding Services Inc), Amendment Agreement (Collegiate Funding Services Inc)
