UNIPAC definition

UNIPAC means UNIPAC Servicing Corporation, or its successors or assigns.

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UNIPAC means the United Nations Children’s Fund Procurement and Assembly Center;

UNIPAC dated as of January 1, 1995 as amended by the parties thereto on March 1, 1996 and June 19, 1996 (the "UNIPAC Subservicing Agreement") pursuant to which UNIPAC will act as subservicer or, upon inability of the Bank to do so, as servicer with respect to certain of the Financed Eligible Loans and (ii) InTuition, Inc. ("InTuition"), dated as of December 22, 1998 (the "InTuition Subservicing Agreement"), pursuant to which InTuition will act as subservicer with respect to certain of the Financed Eligible Loans.

Examples of UNIPAC in a sentence

There shall be no charge for loans already on the UNIPAC full servicing system.
Upon sale of the Eligible Loans to the Purchaser, the Seller shall relinquish all power and control over the original promissory notes relating to such Eligible Loans, and the Purchaser shall relinquish all power and control over such original promissory notes upon delivery to UNIPAC as custodian pursuant to the provisions of that certain Custodian Agreement among the Purchaser, between UNIPAC and the Trustee dated as of March 1, 1996.
Student/parent borrowers will make all loan payments to a third party lockbox established by UNIPAC.
Loans transferred off the UNIPAC Servicing System prior to termination of this Agreement will be assessed a fee of Fifteen Dollars ($15.00) per account.
Loans transferred off the UNIPAC Servicing System on or after termination of this Agreement will be assessed a fee of Twelve Dollars ($12.00) per account.

More Definitions of UNIPAC

UNIPAC means the United Nations Children’s Fund Procurement and Assembly Center; and

UNIPAC utilizing Cure Procedures approved by the Guarantor, will use its best efforts to cure all defects caused by NHELP. UNIPAC makes no representation or warranty that the guarantee on each Financed Loan will be reinstated regardless of UNIPAC following the Cure Procedures as approved by the Guarantor. NHELP agrees to pay UNIPAC those fees for Cure Services described in Schedule A under the topic entitled "Additional Servicing Activity".

UNIPAC has serviced certain Education Loans (as defined in the Servicing Agreement) for Lender, some of which have been rejected by guarantors for guarantee claim.

UNIPAC means the United Nations Fund Procurement and Assembly Center; and

UNIPAC. United Nations International Procurement Agency Copenhagen; and

UNIPAC dated as of January 1, 1995 (the "UNIPAC Servicing Agreement") as amended by the parties thereto on March 1, 1996 and June 19, 1996(the "UNIPAC Servicing Amendment" and, along with the UNIPAC Servicing Agreement, the "UNIPAC Subservicing Agreement") pursuant to which UNIPAC will act as subservicer or, upon inability of the Servicer to do so, as servicer with respect to certain of the Financed Eligible Loans and (ii) InTuition, Inc. ("InTuition"), dated as of December 22, 1998 (the "InTuition Subservicing Agreement"), pursuant to which InTuition will act as subservicer with respect to certain of the Financed Eligible Loans. This Agreement, the Loan Sale and Commitment Agreement, dated as of December 1, 1998, between Union Bank and Trust Company, in its own right and in its capacity as trustee, and the Company, the Loan Sale and Commitment Agreement, dated as of December 22, 1998, between NEBHELP INC. and the Company and the Loan Sale Agreement, dated as of December 22, 1998, among Union Bank and Trust Company, as trustee, InTuition Holdings, Inc. ("IHI") and the Company (collective, the "Sale Agreements"), the Servicing Agreement, the UNIPAC Subservicing Agreement, the InTuition Servicing Agreement and the Indenture shall collectively hereinafter be referred to as the "Basic Documents." Capitalized terms used herein without definition shall have the meanings ascribed to them in the Indenture or the Prospectus. The Company proposes, upon the terms and conditions set forth herein, to sell to each of the Underwriters on the Closing Date (as hereinafter defined) the aggregate principal amount of each Class of Notes set forth next to the name of each Underwriter on Schedule A hereto. The Company wishes to confirm as follows this agreement with the Underwriters in connection with the purchase and resale of the Notes.

UNIPAC shall have the meaning set forth in the preamble hereto.