Wind-Down Procedures. After notice of termination or expiration of this Agreement is given (including, without limitation, notice under section 10.02), the parties shall meet to develop a transition plan to deal with applications and approved loans that have not been fully processed and/or funded. Such plan shall require all parties to fulfill any legal commitments already made to borrowers or applicants.
Appears in 2 contracts
Sources: Note Purchase Agreement (National Collegiate Student Loan Trust 2007-3), Note Purchase Agreement (National Collegiate Funding LLC)