Educational Institute definition

Educational Institute refers to any institute that imparts education or training, such as school, college, university, online education course, Vocational Training classes, coaching classes or competitive exam preparation course as is acceptable to the Lender and where the Borrower or his/her relative (as mentioned in Loan Term Sheet) has secured his/ her admission;
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Educational Institute means the entity specified in the Policy Certificate.
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Educational Institute means those institutes, which run full-time Bachelor’s or higher degree programmes.
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Examples of Educational Institute in a sentence

  • That in the event the Borrower is entitled to receive any amount of money from the Educational Institute either by way of a refund (including but not limited to the student dropping out of the course midway), reimbursement or any in other manner during the pendency of any Outstanding Amount, such amount shall be payable by the Borrower /Educational Institute to the Lender towards satisfaction of an equivalent portion of the Outstanding Amount.

  • The service charges, processing fee and/or any other charges or fee set out in the Second Schedule may be adjusted against the Loan to the Educational Institute, payable in accordance with the Second Schedule.

  • The Borrower hereby grants approval and no objection to the Lender to disburse the Loan directly to the Educational Institute on its behalf.

  • That the obligation of the Borrower to repay the Outstanding Amount is independent of the arrangement between the Borrower or the student/xxxx and the Educational Institute.

  • The Borrower authorizes employees & associates/group entities of the Lender and any of its service providers representing the Lender to communicate with the Borrower, his immediate family members, the Educational Institute, employer’s/employees of the Borrower for the purpose of information verification during credit appraisal as well as any other purposes while the loan is outstanding.

  • The Borrower agrees that the Lender shall not be responsible or liable for any services / course to be provided by the Educational Institute to the Borrower or his immediate relative and whether or not such services / course were satisfactory to the beneficiary, the obligation to pay the Outstanding Amount shall continue to subsist on the Borrower in accordance with this Agreement.

  • The credentials or affiliations of the Educational Institute shall not affect the repayment of the Outstanding Amount.

  • Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15.

  • Purpose or End Use of the Loan Towards payment of Educational Fees to the Educational Institute 3.

  • As per the arrangement with the Educational Institute, the Lender will receive a discount on total fee from the Educational Institute for upfront lumpsum payment.


More Definitions of Educational Institute

Educational Institute means the University of the West Indies or any other institute of learning designated by the Board as an educational institute for the purposes of this Act;
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Educational Institute means the University of the West Indies or any other institute of learning prescribed by the Board;
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Related to Educational Institute

  • Medical institution means an organization in which several medical disciplines are practiced.

  • UK Financial Institution means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Financial Institutions has the meaning set forth in the preamble in this Agreement.

  • UK Financial Institutions means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms.

  • Home Health Care Agency means an agency or organization which provides a program of home health care and which: