Common use of GUARANTY OF LOANS Clause in Contracts

GUARANTY OF LOANS. 2.1 XXXX hereby guarantees to the LENDER, unconditionally except as set forth in Section 2.2 below, the payment of 100% of the principal of and accrued interest on every Loan as to which a Guaranty Event has occurred. “

Appears in 3 contracts

Samples: Guaranty Agreement, Guaranty Agreement (National Collegiate Student Loan Trust 2007-4), Guaranty Agreement (National Collegiate Student Loan Trust 2006-2)

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GUARANTY OF LOANS. 2.1 XXXX hereby guarantees to the LENDER, unconditionally except as set forth in Section 2.2 below, the payment of 100% of the principal of and accrued interest on every Loan as to which a Guaranty Event has occurred. "

Appears in 2 contracts

Samples: Guaranty Agreement (National Collegiate Student Loan Trust 2006-2), Note (National Collegiate Funding LLC)

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GUARANTY OF LOANS. 2.1 XXXX TXXX hereby guarantees to the LENDER, unconditionally except as set forth in Section 2.2 below, the payment of 100% of the principal of and accrued interest on every Loan as to which a Guaranty Event has occurred. “

Appears in 1 contract

Samples: Guaranty Agreement (National Collegiate Student Loan Trust 2006-3)

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