Common use of Enrollment of Loans in Program Clause in Contracts

Enrollment of Loans in Program. A Filed Loan may be made with such interest rate, fees, and other terms and conditions as the Lender and Borrower may agree. In the event a Filed Loan is in the form of a line of credit, the amount of the loan shall be considered to be the maximum amount that can be drawn down under such line of credit.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement