RELEASE OF GUARANTEE AGENCY OR SECRETARY. Seller will not, with respect to any Eligible Loan subject to this Agreement, agree to release the Guarantee Agency or the Secretary from any of its contractual obligations to Guarantee or Insure such loan, or agree to otherwise alter, amend or renegotiate any terms or conditions under which such Eligible Loan is Guaranteed or Insured, without the express prior written consent of Purchaser and the Trustee.
Appears in 2 contracts
Samples: Loan Sale and Commitment Agreement (Union Financial Services I Inc), Loan Purchase Agreement (Nelnet Inc)
RELEASE OF GUARANTEE AGENCY OR SECRETARY. Seller will not, with respect to any Eligible Loan subject to this Agreement, agree to release the Guarantee Agency or the Secretary from any of its contractual obligations to Guarantee or Insure such loan, or agree to otherwise alter, amend or renegotiate any terms or conditions under which such Eligible Loan is Guaranteed or Insured, without the express prior written consent of Purchaser and the TrusteeSecured Creditors.
Appears in 1 contract
RELEASE OF GUARANTEE AGENCY OR SECRETARY. Seller will not, with respect to any Eligible Loan subject to this Agreement, agree to release the Guarantee Agency or the Secretary from any of its contractual obligations to Guarantee or Insure such loan, or agree to otherwise alter, amend 55 or renegotiate any terms or conditions under which such Eligible Loan is Guaranteed or Insured, without the express prior written consent of Purchaser and the Trustee.
Appears in 1 contract
Samples: Loan Sale and Commitment Agreement (Union Financial Services I Inc)
