Creditor Agency Clause Samples
The Creditor Agency clause designates a specific agency or entity to act on behalf of the creditor in matters related to the agreement. This clause typically outlines the agency's authority to receive payments, send notices, or take actions necessary to enforce the creditor's rights under the contract. By clearly identifying the responsible agency, the clause ensures efficient communication and administration, reducing confusion and streamlining the management of creditor-related obligations.
Creditor Agency. “Creditor Agency” is the Federal agency whose name has been populated on the top of page 1 of this Certification Agreement. To the extent this Certification Agreement refers to actions the Creditor Agency must take, those actions include actions taken on behalf of the Creditor Agency.
Creditor Agency. “Creditor Agency” means (a) the Federal agency that is owed a Debt, or (b) the Federal agency that submits a debt to Fiscal Service on behalf of another Federal agency.