P2P Agreement definition
Examples of P2P Agreement in a sentence
In the event of missed payments on a P2P Loan, the Security Trustee may take the administrative steps set out in the P2P Agreement on your behalf, although we will determine in our discretion how best to pursue the debt in the circumstances so that we may act outside and/or ahead of those processes to pursue missed payments on P2P Loans (whether or not in formal default) where we consider this to be in the best interests of Lenders across all P2P Loans with the Borrower.
This means that we may enter into a P2P Agreement with an interest rate below the target, but where we do so, we shall try to match it with a corresponding P2P Agreement that balances out the rate.
The Borrower and you provide us with authority to enter into a Contract of Transfer, which creates a direct P2P Agreement between the Borrower and you.
Use the Statewide P2P Agreement Search to find P2P degrees and colleges that interest you.
If the Security Trustee is still unable to collect the debt and the security held in respect of the Borrower is not sufficient to recover all of the debt, it may transfer your P2P Agreement to itself in order to pursue the debt on your behalf.
You will have a cooling off period which will end 14 days after the date on which you enter into your first P2P Agreement.