Program Agreements Clause Samples

Program Agreements. The Program Agreements (including, without limitation, the Guaranty and a Custodial Agreement in a form acceptable to Buyer) duly executed and delivered by the parties thereto and being in full force and effect, free of any modification, breach or waiver.

Program Agreements. A community college may enter into an agreement with an employer in the community college’s merged area to establish an accelerated career education program. The program shall be developed by an employer, a community college, and any employee of an employer who represents a program job. If a bargaining agreement is in place, a representative of the employee bargaining unit shall also take part in the development of the program.

Program Agreements. The Program Agreements duly executed and delivered by the parties thereto and being in full force and effect, free of any modification, breach or waiver, except with respect to the Electronic Tracking Agreement, which shall be duly executed and delivered by the parties thereto and shall be in full force and effect, free of any modification, breach or waiver within thirty (30) days of the Effective Date.

Program Agreements. All Program Agreements are hereby amended to include the above definition of "Corporate Advantage Loan Programs" and in each Program Agreement, the definitions of "Education One Program" and "Program" shall include Corporate Advantage Loan Programs, with the modifications herein that apply to such programs. Each definition of "Loans" or "Education One Loans" in the Program Agreements shall include loans made under the Corporate Advantage Loan Programs, as specified herein.

Program Agreements. The Program Agreements and a notice to the master servicer and trustee of the Eligible Securitization Transactions and the Servicing Contracts, as applicable, set forth on Schedule 2, in all instances duly executed and delivered by the parties thereto and being in full force and effect, free of any modification, breach or waiver.

Program Agreements. Borrower has provided the Administrative Agent and Initial Class B Lender with true, correct and complete copies of each Program Agreement, together with all amendments, supplements or other modifications thereto and each such Program Agreement is in full force and effect. To the best of ▇▇▇▇▇▇▇▇’s knowledge, neither the Seller nor any Originator is in default of its respective obligations under any Program Agreement.

Program Agreements. (a) The Administrative Agent will administer on behalf of and for the account of the Trust the activities of the Trust in connection with the direct or indirect acquisition, administration and management by the Trust of Purchased Assets, and, in this regard, it will: (i) negotiate and settle the terms of Program Agreements and any documents related thereto; (ii) when necessary or desirable, arrange for liquidity coverage of Program Agreements or any Securities, negotiate and settle liquidity agreements and administer on behalf of the Trust the activities of the Trust in connection with such liquidity agreements; (iii) when necessary or desirable, arrange for Securities Credit Enhancement or for Purchased Asset Credit Enhancement of Purchased Assets to be acquired pursuant to Program Agreements, negotiate and settle Securities Credit Enhancement Agreements or Purchased Asset Credit Enhancement Agreements with Securities Credit Enhancers or Purchased Asset Credit Enhancers, as applicable, and administer on behalf of the Trust the activities of the Trust in connection with such Securities Credit Enhancement Agreements or Purchased Asset Credit Enhancement Agreements; (iv) ensure that all registrations necessary to perfect the interest of the Trust in the Purchased Assets are effected; (v) obtain the written approval of each Rating Agency under Program Agreements if and when required; (vi) monitor compliance by other parties thereto with the provisions of the relevant Program Agreements; (vii) monitor the recording, accounting for and enforcement of payment of amounts distributable or payable by or to the Trust in connection with any Program Agreement; (viii) maintain accounts, banking records and other Records of the Trust; (ix) notify the Trust, each Rating Agency and, if required, the relevant Creditor, of the occurrence of a Significant Event; (x) invest money in Eligible Investments in accordance with the terms of the Program Agreements; (xi) take all other necessary and appropriate action to enable the Trust to exercise its rights and perform its obligations in accordance with the provisions of any Program Agreement, including, without limitation, exercising rights of termination under Program Agreements and the enforcement of security granted thereunder or related thereto; (xii) ensure that all statements made in any document used by the Trust in connection with offering Securities for sale or entering into credit agreements or loan agreements are at al...

Program Agreements. All Program Agreements are hereby amended to include the above definition of “Bank One Campus Loan Program “ and in each Program Agreement, the definitions of “Education One Program” and “Program” shall include Bank One Campus Loan Program, with the modifications herein that apply to such program, and the definition of “Loans” or “Education One Loans” shall include loans made under the Bank One Campus Loan Program, as specified herein.; provided, however, that notwithstanding anything to the contrary in the Program Agreements or any other agreement between or among the parties, it is understood and agreed that while this Amendment requires Bank One to sell to FMC all loans branded as Bank One Campus Loan Program Loans that are originated pursuant to and in accordance with the Program Agreements, it does not establish an exclusive arrangement between or among the parties hereto with respect to the origination, purchase and sale, marketing or servicing of loans branded or originated as Bank One Campus Loan Program loans other than pursuant to the Program Agreements. In the event of any inconsistency between the terms and conditions of this Amendment and the terms and conditions of the Program Agreements, the terms and conditions of this Amendment shall control. The parties acknowledge and agree that as of the date of execution of this Amendment, the Program Guidelines (other than the pricing reflected in Exhibit A hereto and the borrower benefits reflected in Exhibit E hereto to which the parties hereby agree), have not yet been fully developed. The parties further agree to use their respective commercially reasonable best efforts to: (i) implement the Bank One Campus Loan Program for the 2005-06 Program Year, pending completion of the Program Guidelines; and (ii) to finalize the Program Guidelines, including the related credit agreements, in a form and substance mutually acceptable to the parties, by no later than February 1, 2005. The completed Program Guidelines shall be reflected as the Seventh Amendment to the Program Agreements.

Program Agreements. The Program Agreements (including without limitation a Custodial Agreement in a form acceptable to Buyer) duly executed and delivered by the parties thereto.