Examples of Loan Transactions in a sentence
The Authority covenants that all E-loans that are or have been made pursuant to the Higher Education Act comply with the Department Standards for Electronic Signatures in Electronic Student Loan Transactions, dated as of April 30, 2001, as amended and revised.
In addition, each party hereto acknowledges that it has no proprietary or exclusive rights to any tax concept, tax matter or tax idea related to the Loan Transactions.
The Administrative Agent shall have received evidence satisfactory to it that the Subsidiary Loan Transactions shall have been, or shall be concurrently with the Closing Date, consummated in accordance with the terms of the Subsidiary Loan Documents.
In addition, if ELSC is the holder of any authoritative copy of any such electronically signed electronic record or promissory note, it shall hold the same in accordance with the United States Department of Education Standards for Electronic Signatures in Electronic Student Loan Transactions, as revised or supplemented from time to time and any applicable Guarantor regulations.
The Loan Transactions entered into and to be entered into by each Loan Party are within such Loan Party's powers and have been duly authorized by all necessary action.