Interest Accruing. 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.
Appears in 18 contracts
Samples: Sale and Servicing Agreement, Student Loan Transfer Agreement (KeyCorp Student Loan Trust 2006-A), Student Loan Transfer Agreement (KeyCorp Student Loan Trust 2005-A)
Interest Accruing. Each Financed Student Loan is accruing interest (whether or not such interest is being paid currently, by the borrower or by the Department, Obligor or is being capitalized), except as otherwise expressly permitted by the Basic Documents.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va)
