Lender Agreement for Guarantee of Federal Consolidation Loans Sample Contracts

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LENDER AGREEMENT FOR GUARANTEE OF FEDERAL CONSOLIDATION LOANS WITH FEDERAL REINSURANCE
Lender Agreement for Guarantee of Federal Consolidation Loans • February 8th, 2005 • Higher Education Funding I • Asset-backed securities • Nebraska

WHEREAS, The Bank of New York, solely in this capacity as eligible lender trustee (Lender ID number 833872) for Student Loan Consolidation Center Student Loan Trust I (“Lender”) and without recourse to assets held by the eligible lender trustee other than those held in trust for Student Loan Consolidation Center Student Loan Trust I, wishes to secure loan guarantees with the Nebraska Student Loan Program, Inc. (“NSLP”) on federal consolidation loans made to “Eligible Borrowers” (as hereinafter defined) at eligible institutions pursuant to the Act; and

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