Consolidation Loans definition

Consolidation Loans means Student Loans made in accordance with the Section 428C of the Higher Education Act.
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Consolidation Loans means Student Loans made in accordance with Section 428C of the Higher Education Act.
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Consolidation Loans means Federal Consolidation Loans and Private Consolidation Loans, collectively.
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Examples of Consolidation Loans in a sentence

  • Ford Federal Direct Loan (Direct Loan) Program includes Federal Direct Stafford/Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Stafford/Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.

  • The Servicer shall also cause the related Schedule of Trust Student Loans to be revised to reflect the addition of any Add-On Consolidation Loans to the Trust Estate.

  • For new borrowers, the Secretary repays the amount specified in this paragraph on the borrower’s subsidized and un- subsidized Federal Stafford Loans, Di- rect Subsidized Loans, Direct Unsub- sidized Loans, and in certain cases, Federal Consolidation Loans or Direct Consolidation Loans.

  • Xxxx Federal Direct Loan (Direct Loan) Program includes Federal Direct Xxxxxxxx/ Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Xxxxxxxx/Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.

  • The Purchaser and the Eligible Lender Trustee on behalf of the Purchaser shall be entitled to all Special Allowance Payments and Interest Subsidy Payments accruing from the related Subsequent Cutoff Date with respect to the Additional Loans or Substituted Loans, and shall be responsible for the payment of any rebate fees applicable to the Additional Loans which are Consolidation Loans subject to the related Xxxx of Sale accruing from the date of the related Subsequent Cutoff Date.

  • On the Closing Date, Xxxxxx Xxx shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on the Loans and shall be responsible for the payment of any rebate fees applicable to the Consolidation Loans subject to each Xxxx of Sale accruing up to but not including the Closing Date.

  • Direct Loans include the following: Direct Subsidized Loans, Direct Unsubsidized Loans, Direct PLUS Loans, and Direct Consolidation Loans.

  • Each Financed Student Loan that is a Financed Federal Loan qualifies the holder thereof to receive Interest Subsidy Payments (other than SLS Loans, unsubsidized Xxxxxxxx Loans and certain Consolidation Loans) and Special Allowance Payments from the Department and Guarantee Payments from the applicable Guarantor and qualifies the applicable Guarantor to receive reinsurance payments thereon from the Department.

  • During the Consolidation Loan Add-On Period, the Servicer, upon receiving a Request to include Add-On Consolidation Loan(s) with an existing Trust Student Loan shall cause the Indenture Trustee to remit payment for such Add-On Consolidation Loan(s) to the applicable lender(s) in an amount equal to the outstanding principal balance of such Add-On Consolidation Loan(s), plus accrued and unpaid interest, if any, to the extent of sufficient amounts on deposit in the Add-On Consolidation Loan Account.

  • Ford Federal Direct Loan (Direct Loan) Program includes Federal Direct Stafford/Ford (Direct Subsidized) Loans, Federal Direct Unsubsidized Stafford/ Ford (Direct Unsubsidized) Loans, Federal Direct PLUS (Direct PLUS) Loans, and Federal Direct Consolidation (Direct Consolidation) Loans.


More Definitions of Consolidation Loans

Consolidation Loans means the Student Loans made in accordance with the Section 428C of the Higher Education Act.
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Consolidation Loans means Student Loans governed by Section 428C of the Higher Education Act which are Financed by the Issuer, but excluding any such loans which are made by a Seller and purchased by the Issuer.
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Consolidation Loans means the Financed Student Loans authorized under Section 428C of the Higher Education Act of 1965, as amended, or any successor provision.
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Consolidation Loans means Federal Consolidation.
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Related to Consolidation Loans

  • Consolidation Loan means a Loan made pursuant to and in full compliance with Section 428C of the Higher Education Act.

  • Acquisition Loan means a loan or other extension of credit, including an installment obligation to a “party in interest” (as defined in Section 3(14) of ERISA) incurred by the Trustee in connection with the purchase of Company Stock.

  • Permitted Loans means:

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Loans means the loans made by the Lenders to the Borrower pursuant to this Agreement.

  • Domestic Loans means CD Loans or Base Rate Loans or both.

  • or "Loans means and includes without limitation any and all commercial loans and financial accommodations from Lender to Borrower, whether now or hereafter existing, and however evidenced, including without limitation those loans and financial accommodations described herein or described on any exhibit or schedule attached to this Agreement from time to time.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • Second Lien Loans means the “Loans” as defined in the Second Lien Credit Agreement and shall, for the avoidance of doubt, include Incremental Second Lien Loans.

  • Existing Loans has the meaning specified in Section 2.19(a).

  • Subordinated Loans means any loan incurred by the Issuer or any of its Subsidiaries, if such loan (i) according to its terms (or pursuant to a subordination agreement on terms and conditions satisfactory to the Trustee) is subordinated to the obligations of the Issuer under the Terms and Conditions; (ii) according to its terms have a final redemption date or, when applicable, early redemption dates or instalment dates which occur after the Final Redemption Date; and (iii) according to its terms yield only payment-in-kind interest.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Loan Combination shall include any successor REO Mortgage Loan and the related successor REO Companion Loan(s) (or the related deemed Companion Loan(s), if applicable)). The only Loan Combinations related to the Trust as of the Closing Date are identified in the Loan Combination Table.

  • Bridge Loans means the “Loans” as defined in the Bridge Credit Agreement.

  • Revolving Loans as defined in Section 2.4(a).

  • Subject Loans has the meaning assigned to such term in Section 2.11(b)(ii).

  • Related Loans has the meaning set forth in Section 3.1. “Restructuring Loss” means the loss on a modified or restructured loan measured by the difference between (a) the principal, Accrued Interest, tax and insurance advances, third party or other fees due on a loan prior to the modification or restructuring, and

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Initial Loans means the Eligible Loans evidenced by the Notes sold on the Closing Date pursuant to the Initial Purchase Agreement and related documentation, together with any guaranties and other rights relating thereto including, without limitation, Interest Subsidy Payments and Special Allowance Payments.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Non-Ratable Loans have the meanings specified in Section 1.2(h).

  • Fixed Rate Loans means Euro-Dollar Loans or Money Market Loans (excluding Money Market LIBOR Loans bearing interest at the Base Rate pursuant to Section 8.01(a)) or any combination of the foregoing.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • Existing Revolving Loans has the meaning specified in Section 2.16(a).