Purchase by Holder. The guaranteed protion purchased by the Holder will always be a portion of the loan which is guaranteed. The Holder will hereby succeed to all rights of the Lender under the Loan Note Guar- ▇▇▇▇▇ to the extent of the assigned portion of the loan. The Lender, however, will remain bound by all the obligations under the Loan Note Guarantee and the program regulations found in the applicable Subpart of 7 CFR Part 1980 now in effect and future FmHA or its successor agency under Public Law 103– 354 program regulations not inconsistent with the provisions hereof.
Appears in 8 contracts
Sources: Loan Note Guarantee Agreement, Loan Note Guarantee, Loan Note Guarantee Agreement
Purchase by Holder. The guaranteed protion portion purchased by the Holder will always be a portion of the loan which is guaranteed. The Holder will hereby succeed to all rights of the Lender under the Loan Note Guar- ▇▇▇▇▇ Guarantee to the extent of the assigned portion of the loan. The Lender, however, will remain bound by all the obligations under the Loan Note Guarantee and the program regulations found in the applicable Subpart subpart of 7 CFR Part C.F.R. part 1980 now in effect and future FmHA or its successor agency under Public Law 103– 354 program regulations not inconsistent with the provisions hereof.
Appears in 2 contracts
Sources: Assignment Guarantee Agreement, Assignment Guarantee Agreement