Blanket Guarantee definition
Examples of Blanket Guarantee in a sentence
In the event these parties are unable to adjust the matter, the Union may proceed with economic action against such employer provided such employer does not appear on the current lists of Members of the MCA covered by the MCA Blanket Guarantee.
If an Eligible Institution requests that Loans no longer be originated under the Blanket Guarantee Program, Lender agrees to cease, within ten (10) business days of receiving such Eligible Institution's request, origination of new Loans under the Blanket Guaranty Program for students or parents of students enrolled or accepted for enrollment at the Eligible Institution.
This Note is secured by a security agreement and Blanket Guarantee issued pursuant to the terms of the Asset Purchase Agreement and the documents, agreements, certificates and instruments contemplated therein creating a lien and/or security interest on certain real and personal property rights and interests of ONCM hereof; all as contemplated in the said Asset Purchase Agreement and ancillary documents, as they may be modified or amended from time to time.
Lender shall also submit such other data and reports to NELA or to the U.S. Department of Education as each may reasonably require to evaluate the Blanket Guarantee Program, or that NELA may require to carry out its responsibilities under the Act and Regulations.
Lender wishes to participate in the Blanket Guarantee Program and NELA has determined that it is appropriate to allow Lender to participate in this program under the terms and conditions of this Certificate.
Lender will cooperate with any reasonable request from NELA for the purpose of evaluating the Certificate's impact on ineligible borrowers receiving loans made under the Blanket Guarantee Program.
This Note is secured by a security agreement and Blanket Guarantee issued pursuant to the terms of the Asset Purchase Agreement and the documents, agreements, certificates and instruments contemplated therein creating a lien and/or security interest on certain real and personal property rights and interests of ONCM hereof, all as contemplated in the said Asset Purchase Agreement and ancillary documents, as they may be modified or amended from time to time.
National Gold agrees that MSA or its Assignees may grant extensions of time or other indulgences and otherwise deal with ONCM and others as MSA and its Assignees may see fit without prejudice to or in any way limiting or lessening the liability of National Gold under this Blanket Guarantee, and MSA and its Assignees shall not be bound to exhaust their recourses against ONCM or others before being entitled to payment from National Gold under this guarantee and the Blanket Guarantee.