Obligations of the Lender Sample Clauses

Obligations of the Lender. 3.1 In originating, servicing, disbursing, and collecting Loans, the LENDER will comply, and cause its servicer and others acting on its behalf to comply, at all times with all Program Guidelines (including Due Diligence requirements) and all applicable requirements of federal and state laws and regulations.
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Obligations of the Lender. It shall be a condition precedent to the obligation of the Company to register any Common Stock pursuant to Sections 8.1 and 8.2 hereof that the Lender shall (i) furnish to the Company such information regarding the Common Stock held by him and the intended method of disposition thereof and other information concerning the Lender as the Company shall reasonably request and as shall be required in connection with the registration statement to be filed by the Company; (ii) agree to abide by such additional or customary terms affecting the proposed offering as reasonably may be requested by the managing underwriter of such offering, including a requirement, if applicable, to withhold (on a pro-rata basis) from the public market for a period of at least one hundred twenty (120) days after any such offering, any shares excluded from the offering at the instance of the underwriter as permitted under Sections 8.1 and 8.2 hereof; and (iii) agree in writing in form satisfactory to the Company to pay the underwriting discounts and commissions applicable to the Common Stock being sold by the Lender.
Obligations of the Lender. (a) The lender shall be an eligible lender under the Act and federal regulations. (b) The lender shall exercise due diligence as defined under the Act and federal regulations and within the meaning of the Corporation Rules and Regulations. (c) The lender shall comply with all applicable federal statutes and regulations. (d) The lender shall notify the Corporation promptly of any change of name by the lender, or assignment of the lender's interest under this guaranty. (e) Any assignments of any interest of the lender under this guaranty shall be only to appropriate eligible lenders and shall be in compliance with all applicable provisions of federal statutes and regulations and Corporation Rules and Regulations. (f) The lender shall cooperate with the Corporation, the department of education and any other appropriate federal agency in the collection of any defaulted student or parent loan. (g) The lender shall assist eligible borrowers in securing reductions on obligations to pay interest on loans made by, or assigned to, the lender which reductions the borrowers may be eligible to receive under applicable federal statutes and regulations and the Corporation Rules and Regulations.
Obligations of the Lender. 1. The Lender shall grant the loan to the Borrower on the terms and conditions set forth herein;
Obligations of the Lender. 1) To grant loans to the Borrower as agreed in this contract;
Obligations of the Lender. If a Beneficiary satisfies all requirements of a Credit Support Document regarding payment under the Credit Support Document, the Lender must pay the Beneficiary despite:
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Obligations of the Lender a. At least five (5) Business Days prior to the first anticipated filing date of a Registration Statement, the Company shall notify the Lender in writing of the information the Company requires from the Lender if the Lender elects to have any of the Lender’s Registrable Securities included in such Registration Statement. It shall be a condition precedent to the obligations of the Company to complete the registration pursuant to this Agreement with respect to the Registrable Securities of the Lender that the Lender shall furnish to the Company such information regarding itself, the Registrable Securities held by it and the intended method of disposition of the Registrable Securities held by it, as shall be reasonably required to effect and maintain the effectiveness of the registration of such Registrable Securities and shall execute such documents in connection with such registration as the Company may reasonably request.
Obligations of the Lender. In connection with the registration of the Registrable Securities, the Lender shall have the following obligations:
Obligations of the Lender. Lender is entitled to get the information such as Borrower’s operation, financial activities, inventory and loan usage. Lender could require disclosure of Borrower’s financial status. • When withdrawing the principal and relevant fees on due or before the due date, Lender could obtain the money from Borrower’s account directly. • In the event of breaches of the agreement by Borrower, Lender can disclose Borrower’s breaches of the agreement publicly when the Borrower do not performance his (her) obligations. • Lender shall disburse the loan in a timely manner pursuant to the agreement. • Prepayment of the Loan: • Lender’s consent should be obtained if Borrower is willing to prepay the loan. The interest rate of prepayment shall accord with the agreement. • Liabilities of Breach of Contract: • Damages, penalty interest for delayed repayment; penalty interest for embezzlement of loan proceeds; imposition of compound interest; withdrawal of loan, prepayment of principal and interest before maturity, attachment of assets; lawyer’s fee and travel cost in case of litigation or arbitration due to the Borrower ’s breach of contract etc. • Headlines of the articles omitted • Clearing of the loan interestCondition precedent to the drawing of the loanDispute settlement • Miscellaneous • Effectiveness • Validity • Attention
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