Tier Two Arrangement definition

Tier Two Arrangement means that an institution located in a State has a contract with a financial institution, or entity that offers financial accounts through a financial institution, under which financial accounts are offered and marketed directly to students enrolled at the institution.
View Source

Examples of Tier Two Arrangement in a sentence

  • The parties agree that certain services specified in this Agreement create a Tier Two Arrangement, pursuant to U.S. Department of Education(“ED”)cash management regulations at Subpart K of 34 CFR, Part 668(the “Cash Management Regulations”).

  • If the parties cannot agree to a Plan or if the Plan is not satisfactorily completed within the Plan Implementation Period, then the University may terminate the Tier Two Arrangement portion of the Agreement upon ninety (90) days written notice to Bank.

  • The Universityagrees that, prior to terminating the Tier Two Arrangement portion of the Agreement under this Section, the University shall enter into a sixty (60)-day discussion period with Bank, or such longer period of time as the parties mutually agree in writing (the "Discussion Period").

  • If the parties mutually agree that the findings of the Review are inaccurate or non-conclusive, the Tier Two Arrangement portion of the Agreement shall remain in full force and effect.