Amount Covered. When filing a loan for enrollment, the Lender may specify an amount to be covered under the Program that is less than the total amount of the loan. Unless the context clearly requires otherwise, when used in this Agreement in connection with a loan or loans, the words “amount” and “proceeds” shall refer only to the amount covered under this Agreement.
Appears in 3 contracts
Samples: Agreement, Participation Agreement, Lender Participation Agreement
Amount Covered. When filing a loan an Eligible Loan for enrollment, the Lender may specify an amount to be covered under the Program that is less than the total amount of the loanEligible Loan. Unless the context clearly requires otherwise, when used in this Agreement in connection with a loan or loansan Eligible Loan, the words “amount” and “proceeds” shall refer only to the amount portion of the Eligible Loan covered under this Agreement.
Appears in 2 contracts
Samples: Lender Participation Agreement, Lender Participation Agreement
Amount Covered. When filing a loan an Eligible Loan for enrollment, the Lender may specify an amount to be covered under the Program that is less than the total amount of the loanEligible Loan. Unless the context clearly requires otherwise, when used in this Agreement in connection with a loan or loansan Eligible Loan, the words “amount” and “proceeds” shall refer only to the amount covered under this Agreement.and
Appears in 1 contract
Samples: Bank Participation Agreement