Common use of GUARANTOR LIMITATIONS Clause in Contracts

GUARANTOR LIMITATIONS. The Borrower shall not permit any Financed Loan to be guaranteed by any guaranty agency or entity other than (a) those specifically named in the definition of the term "Trustee Guarantee Agreements" in Section 1.01 hereof or (b) any other guaranty agency or entity specifically approved as a Guarantor by the Facility Agent in advance in writing.

Appears in 2 contracts

Samples: Warehouse Loan and Security Agreement (Nelnet Inc), Warehouse Loan and Security Agreement (Nelnet Inc)

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GUARANTOR LIMITATIONS. The Borrower shall not permit any Financed Loan to be guaranteed by any guaranty agency or entity other than (a) those specifically named in the definition of the term "Trustee Guarantee Agreements" in Section 1.01 hereof or (b) any other guaranty agency or entity specifically approved as a Guarantor by the Facility Agent and the Required Lenders in advance in writing.

Appears in 1 contract

Samples: Warehouse Loan and Security Agreement (Nelnet Inc)

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