Agreement for Payment on Guarantee of Consolidation Loans With Federal Reinsurance Sample Contracts
AGREEMENT FOR PAYMENT ON GUARANTEE OF CONSOLIDATION LOANS WITH FEDERAL REINSURANCE (for loans to students and parents of students pursuant to the Higher Education Act of 1965, as amended)Agreement for Payment on Guarantee of Consolidation Loans With Federal Reinsurance • June 13th, 2007 • Goal Capital Funding, LLC • Asset-backed securities • Minnesota
(the “Lender”) wishes to be able to secure Loan guarantees on “Consolidation Loans” (as defined in the Higher Education Act of 1965 as amended and regulations thereto, hereinafter “Act”) made to “Eligible Borrowers” (as defined in the Act) for the purpose of discharging amounts owed by those Eligible borrowers on “Eligible Loans” (as defined in the Act), and
