Common use of Relief for applications meeting certain school criteria Clause in Contracts

Relief for applications meeting certain school criteria. 10 1. No later than one year after the Effective Date, Defendants will effectuate 11 Full Settlement Relief for each and every Class Member whose Relevant 12 Loan Debt is associated with the schools, programs, and School Groups 13 listed in Exhibit C hereto. If any such Class Member receiving relief under 14 this Paragraph IV.A previously received a Form Denial Notice, the 15 provision of Full Settlement Relief will be deemed to rescind that Form 16 Denial Notice. 17 2. Class Members shall be eligible for this form of relief regardless of whether 18 the Class Member is a member of the § 555(e) Subclass. 19 3. Defendants shall provide Written Notice of this relief to each qualifying 20 Class Member no later than 90 calendar days after the Effective Date. The 21 notice shall specify that the Class Member will receive Full Settlement 22 Relief, as defined in this Agreement, and need not take any additional action 23 to receive this relief. The notice shall also specify that the Class Member’s 24 Relevant Loan Debt will remain in forbearance or stopped collection status 25 pending the effectuation of relief. If the notice is sent by email and it 26 bounces back, Defendants will have an additional 90 calendar days to send 27 the notice by first class mail to the last known mailing address. 28 1 4. The Parties acknowledge that some Class Members may be eligible for 2 discharges of their loans, outside of this Agreement, based on the 3 misconduct of schools they attended, and that nothing in this Agreement 4 shall prevent the Department from effectuating such relief outside this 5 Agreement. The Department agrees, however, that any such Class Members 6 who are deemed eligible for such relief outside this Agreement shall receive