EB Loans definition

EB Loans or “Experimental Brand Loans” are Non-Referral Start Loans, with the exception that the loans are marketed and branded under a different name pursuant to Section 2.02.

Examples of EB Loans in a sentence

  • Without limiting the foregoing, Lender specifically agrees that, upon sale of Non-Referral Start Education Loans or EB Loans in a Securitization Transaction pursuant to the Program Agreements, Lender shall have no further interest in the customer relationship with the borrowers thereunder (hereinafter the “Borrowers”) and shall not use information obtained under this Agreement to solicit such Borrowers for any purpose.

  • Lender acknowledges that, upon sale of Non-Referral Start Education Loans or EB Loans in a Securitization Transaction pursuant to the Program Agreements, Program Manager shall have a customer relationship with the Borrowers and restrictions upon Program Manager’s use of Customer Information pursuant to this Section 10 shall no longer apply with respect to such Borrowers.

  • Program Manager covenants that it will use its best efforts to cause all Marketing Materials developed pursuant to the EB Program Plan to comply with Applicable Law and to fairly and accurately present the EB Loans.