No Acceleration of Payments. Because this Agreement is based on Student's Future Income, Funder will not "accelerate" any amounts that are owed in the event that Student fails to make the Payment payments or fails to provide required information (both, events of default under this Agreement). There are penalties for breaches of this Agreement that are described below.
Appears in 2 contracts
Samples: Income Share Agreement, Income Share Agreement
No Acceleration of Payments. Because this Agreement is based on Student's Future Income, Funder will not "accelerate" any amounts that are owed in the event that if Student fails to make the Payment payments or fails to provide required information (both, events of default under this Agreement). There are penalties for breaches of this Agreement that are described below.. SAMPLE
Appears in 1 contract
Samples: Income Share Agreement
No Acceleration of Payments. Because this Agreement is based on Student's Future Income, Funder will not "accelerate" any amounts that are owed in the event that if Student fails to make the Payment payments or fails to provide required information (both, events of default under this Agreement). There are penalties for breaches of this Agreement that are described below.
Appears in 1 contract
Samples: Income Share Agreement
