Common use of Changes Requiring Notification Clause in Contracts

Changes Requiring Notification. I will promptly report to ACPE in writing any change that affects the conditions of a loan or its repayment schedule, including any: a) change of name, address, or telephone number; b) change of institution, dates of attendance, or enrollment status; c) failure to enroll at the school for the period for which the loan was obtained; d) graduation, withdrawal, or dismissal from the course of study for which the loan was awarded; DO NOT COMPLETE: e) inability to make payments as scheduled; or f) Bankruptcy proceedings that are commenced by or against me (notification should occur within 20 days after the petition is filed. ▇▇▇▇▇▇▇▇, retain this copy Failure to comply with these reporting requirements may result in ACPE declaring my loan in default and demanding payment in full of my outstanding loan balance.

Appears in 1 contract

Sources: Loan Agreement

Changes Requiring Notification. I will promptly report to ACPE in writing any change that affects the conditions of a loan or its repayment schedule, including any: a) change of name, address, or telephone number; b) change of institution, dates of attendance, or enrollment status; c) failure to enroll at the school for the period for which the loan was obtained; d) graduation, withdrawal, or dismissal from the course of study for which the loan was awarded; DO NOT COMPLETE:; e) inability to make payments as scheduled; or f) Bankruptcy proceedings that are commenced by or against me (notification should occur within 20 days after the petition is filed. ▇▇▇▇▇▇▇▇, retain this copy Failure to comply with these reporting requirements may result in ACPE declaring my loan in default and demanding payment in full of my outstanding loan balance.

Appears in 1 contract

Sources: Loan Agreement