Interest Subsidy Agreement definition

Interest Subsidy Agreement means an agreement between a Guarantee Agency and the Secretary of Education pursuant to Section 428(b) of the Higher Education Act, as amended, which entitles the holders of eligible loans guaranteed by the Guarantee Agency to receive Interest Subsidy Payments from the Secretary of Education.

Examples of Interest Subsidy Agreement in a sentence

  • For each loan, documentation with City (described below as the "Interest Subsidy Agreement") will contain a maximum rate of interest (the "Maximum Rate") respecting the loan from the bank to the Borrower for which City payments will be referable.Maximum Rate set in each Interest Subsidy Agreement at the time entered.

  • For each loan, City payment obligation and terms to be set under an Interest Subsidy Agreement between the City and the bank.

  • Interest Subsidy Agreement to contain pledge by City of its full faith and credit (i.e., "general obligation") to make payments to bank, up to $3,000 referable to interest for the loan.

  • City Council to pass an ordinance approving each Interest Subsidy Agreement once finalized and following Amendment 772 notice.March 23, 2020Participating Lending Institution –Attached is the City of Auburn Working Capital Loan Interest Subsidy Program Application.

  • In respect of the 2023 Provision of Interest Subsidy Agreement between Ji’nan Truck and Strong Leasing 9,000 219 (note) 35,000 In respect of the 2023 Provision of Interest Subsidy Agreement between Ji’nan Commercial Truck and Strong Leasing 6,000 12 (note) 25,000 On an aggregated basis 15,000 231 60,000 Note: This refers to the actual transaction amount under 2023 Provision of Interest Subsidy Agreements for the two months ended 28 February 2023.

  • Anyway, the day went off without a hitch and judging by the looks on people’s faces and the amount of banter between mates, I know each person had the opportunity to pay their respects, rekindle friendships, eat, drink and be merry.February 27, as per normal SOP’s was the day of the HMAS PERTH and USS HOUSTON Me- morial Service at St John’s Anglican Parish in Fremantle.

  • The 2026 Provision of Interest Subsidy Agreement is a framework agreement that substantially reflects the framework of the continuing connected transactions under the 2023 Provision of Interest Subsidy Agreements.

  • Approved applicants must enter into a construction home loan and an Interest Subsidy Agreement with Mortgageport Management Pty Ltd (Manager).

  • Reference is made to the Company’s announcement dated 31 March 2023 in respect of the 2026 Provision of Interest Subsidy Agreement.

  • Having taken into account the reasons as further elaborated in the sub-section headed “Reasons for and benefits of entering into the Supplemental Agreement to the 2026 Provision of Interest Subsidy Agreement and basis for the Revised Caps” below, the Group expects that the annual caps for the three years ending 31 December 2026 under the 2026 Provision of Interest Subsidy Agreement will be insufficient.

Related to Interest Subsidy Agreement

  • Funding Agreements means all or any of the agreements or instruments to be entered into by a Project Service Provider or any of their Associates relating to the financing of its business of providing services pursuant to the terms of any Project Agreements, excluding always the Project Agreements themselves;

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Subservicing Agreements As defined in Section 3.02(a).

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Subservicing Agreement The written contract between the Master Servicer and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Depositor.

  • Non-Lead Servicing Agreements means the PSA with respect to each Non-Lead Note (other than the Non-Lead Note that is included in the Lead Securitization).

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • the Macfarlane (Special Payments) (No. 2) Trust means the trust of that name, established on 3rd May 1991 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia and other beneficiaries;

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Mortgage Loan Agreement means the Loan Agreement, dated as of February 14, 2020, between the Borrower, as borrowers, and the Original Lenders, as lender, as the same may be further amended, restated, supplemented or otherwise modified from time to time, subject to the terms hereof.

  • Relevant Funding Agreements means the agreement or agreements entered into by the Company and the Secretary of State under section 1 of the Academies Act 2010 for the establishment of each Academy, including any variation or supplemental agreements thereof;

  • Custodial Agreements The Custodial Agreements, listed in Exhibit F hereof, as each such agreement may be amended or supplemented from time to time as permitted hereunder.

  • Project Loan Agreement means the Project Loan Agreement dated as of the date hereof among the Borrower, the Governmental Lender and the Fiscal Agent, as amended, supplemented or restated from time to time.

  • Construction Loan Agreement means the Loan Agreement to be entered into by and between the Construction Lender and the Partnership, as amended.

  • Interest Protection Agreement of any Person means any interest rate swap agreement, interest rate collar agreement, option or futures contract or other similar agreement or arrangement designed to protect such Person or any of its Subsidiaries against fluctuations in interest rates with respect to Indebtedness.

  • Basic Servicing Agreement has the meaning set forth in the Recitals.