Incentive Programs. Subject to compliance by the Administrator with Section 2(i) of the Administration Agreement, the Trust shall offer each Incentive Program to all qualified Borrowers except any Incentive Program which the Administrator terminates pursuant to Section 2(i) of the Administration Agreement. Upon the effective date specified in the notice of termination required by Section 2(i) of the Administration Agreement, the Trust shall cease offering the terminated Incentive Program to Borrowers affected by the termination.
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Sources: Trust Agreement (Usa Group Secondary Market Services Inc), Trust Agreement (Usa Group Secondary Market Services Inc), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)
Incentive Programs. Subject to compliance by the Administrator with Section 2(i) of the Administration Agreement, the Trust shall offer each the Incentive Program to all qualified eligible Borrowers except any Incentive Program which the Administrator terminates pursuant to Section 2(i) of the Administration Agreement. Upon the effective date specified in the notice of termination required by Section 2(i) of the Administration Agreement, the Trust shall cease offering the terminated Incentive Program to Borrowers affected by the termination.
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