Examples of Financed Student Loan in a sentence
Each Financed Student Loan is accruing interest (whether or not such interest is being paid currently, by the borrower or by the Department, or is being capitalized), except as otherwise expressly permitted by the Basic Documents.
No right of rescission, setoff, counterclaim or defense has been asserted or threatened or exists with respect to any Financed Student Loan.
There is only one original executed copy of the promissory note evidencing each Financed Student Loan.
The Holders of the Notes shall not in any circumstances be deemed to be the owner or holder of the Financed Student Loan.
The Master Servicer, as custodian, shall be deemed to have received proper instructions with respect to the Financed Student Loan Files upon its receipt of written instructions signed by a Responsible Officer of the Indenture Trustee.