Exclusions and Deconversion. LENDER hereby gives approval for AFSA to undertake the cure services outlined in Section 1 of this Exhibit on Accounts with a principal balance outstanding (PBO) of $500 or greater. Accounts with PBOs less than the aforementioned amount or Accounts which are not successfully cured within the time frames described above will be deconverted for the fees specified in the Servicing Agreement.
Appears in 3 contracts
Samples: Servicing Agreement (Higher Education Funding I), Origination/Servicing Agreement (College Loan Corp Trust II), Origination/Servicing Agreement (College Loan Corp Trust I)
Exclusions and Deconversion. LENDER hereby gives approval for AFSA to undertake the cure services outlined in Section 1 of this Exhibit on Accounts with a principal balance outstanding (PBO) of $500 or greater. Accounts with PBOs PROs less than the aforementioned amount or Accounts which are not successfully cured within the time frames described above will be deconverted for the fees specified in the Servicing Agreement.
Appears in 1 contract
Samples: Origination/Servicing Agreement (Higher Education Funding I)
