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Common use of SERIAL LOANS Clause in Contracts

SERIAL LOANS. The Eligible Loans to be purchased pursuant to this Agreement include all Eligible Loans of any one borrower held by Seller.

Appears in 5 contracts

Sources: Loan Sale and Commitment Agreement (Nelnet Inc), Loan Sale and Commitment Agreement (Union Financial Services I Inc), Loan Purchase Agreement (Nelnet Inc)

Related Clauses

  • Initial Loans
  • Repayment of Loans; Evidence of Debt
  • Mandatory Prepayment of Loans
  • Ratable Loans
  • Incremental Loans

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES OF SELLER WITH RESPECT TO STUDENT LOANS
  • Miscellaneous
  • Representations Warranties and Covenants
  • WAIVER OF JURY TRIAL
  • Term Life of Loan Servicing Removal Serial Loans

Sub-Clauses

  • RIGHT TO OFFSET
  • DISBURSEMENT SERVICES
  • Special Reports
  • Daily Monetary
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