Common use of FMC Reliance on Program Guidelines Clause in Contracts

FMC Reliance on Program Guidelines. Program Lender further agrees, in consideration of FMC's undertaking pursuant to this section, that no change will be made in either the Program Guidelines or the interest rate and terms, as well as other consumer loan terms and conditions of Bank of America DTC Loans without FMC’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Note Purchase Agreement (National Collegiate Funding LLC), Note Purchase Agreement (National Collegiate Student Loan Trust 2006-4)

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FMC Reliance on Program Guidelines. Program Lender further agrees, in consideration of FMC's undertaking pursuant to this section, that no change will be made in either the Program Guidelines or the interest rate and terms, as well as other consumer loan terms and conditions of Bank of America DTC Loans without FMC’s 's prior written consent, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Note Purchase Agreement, Note Purchase Agreement (National Collegiate Student Loan Trust 2007-1)

FMC Reliance on Program Guidelines. Program Lender further agrees, in consideration of FMC's ’s undertaking pursuant to this section, that no change will be made in either the Program Guidelines or the interest rate and terms, as well as other consumer loan terms and conditions of Bank of America DTC Loans without FMC’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Note Purchase Agreement (First Marblehead Corp)

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FMC Reliance on Program Guidelines. Program Lender further agrees, in consideration of FMC's undertaking pursuant to this section, that no change will be made in either the Program Guidelines or the interest rate and terms, as well as other consumer loan terms and conditions of Bank of America DTC Direct to Consumer Loans without FMC’s prior written consent, which consent shall not be unreasonably withheld.

Appears in 1 contract

Samples: Note Purchase Agreement (National Collegiate Funding LLC)

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