Tier Two Arrangement definition

Tier Two Arrangement means that an institution located in a State has a contract with a financial institution, or entity that offers financial accounts through a financial institution, under which financial accounts are offered and marketed directly to students enrolled at the institution.

Examples of Tier Two Arrangement in a sentence

  • The parties agree that certain services specified in this Agreement create a Tier Two Arrangement, pursuant to U.S. Department of Education(“ED”)cash management regulations at Subpart K of 34 CFR, Part 668(the “Cash Management Regulations”).

  • If the parties cannot agree to a Plan or if the Plan is not satisfactorily completed within the Plan Implementation Period, then the University may terminate the Tier Two Arrangement portion of the Agreement upon ninety (90) days written notice to Bank.

  • The Universityagrees that, prior to terminating the Tier Two Arrangement portion of the Agreement under this Section, the University shall enter into a sixty (60)-day discussion period with Bank, or such longer period of time as the parties mutually agree in writing (the "Discussion Period").

  • If the parties mutually agree that the findings of the Review are inaccurate or non-conclusive, the Tier Two Arrangement portion of the Agreement shall remain in full force and effect.

Related to Tier Two Arrangement

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • legal arrangement means a trust or other similar arrangement;

  • Ridesharing arrangement means the transportation of persons in a motor vehicle where the transportation is incidental to another purpose of a volunteer driver and includes ridesharing arrangements known as carpools, vanpools, and buspools.

  • Continuing Arrangements means those arrangements set forth on Schedule 1.1(24) and such other commercial arrangements among the Parties that are intended to survive and continue following the Effective Time; provided, however, that for the avoidance of doubt, Continuing Arrangements shall not be Third Party Agreements.

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;