Common use of Material Breaches Clause in Contracts

Material Breaches. Without limiting the foregoing, the following shall all be deemed material breaches of this Agreement: 17.2.1. Student's failure to timely remit a Payment to the Funder. 17.2.2. Student's failure to timely remit required financial documents or updated Tax Return/required information. 17.2.3. Student's failure to timely notify Funder of a change in employment status. 17.2.4. Student's failure to provide accurate and truthful information to Funder, all such information being warranted and represented as truthful, not misleading, and accurate. 17.2.5. Student's failure to present information to perform a reconciliation or to remit the Reconciliation Payment. 17.2.6. Student's failure to provide updated contact information. 17.2.7. Student’s failure to provide documentation, when requested, to determine a Student’s eligibility for a Hardship Forbearance, discretionary forbearance, or unemployment.

Appears in 2 contracts

Sources: Income Share Agreement, Income Share Agreement

Material Breaches. Without limiting the foregoing, the following shall all be deemed material breaches of this Agreement: 17.2.119.2.1. Student's failure to timely remit a Payment to the Funder. 17.2.219.2.2. Student's failure to timely remit required financial documents or updated Tax ReturnReturn or other required tax documents/required informationforms. 17.2.319.2.3. Student's failure to timely notify Funder of a change in employment status. 17.2.419.2.4. Student's failure to provide accurate and truthful information to Funder, all such information being warranted and represented as truthful, not misleading, and accurate. 17.2.519.2.5. Student's failure to present information to perform a reconciliation or to remit the Reconciliation Payment. 17.2.619.2.6. Student's failure to provide updated contact information. 17.2.719.2.7. Student’s failure to provide documentation, when requested, related to determine a Student’s eligibility for a Hardship Forbearance, discretionary forbearance, or unemployment.

Appears in 1 contract

Sources: Income Share Agreement