Adverse Action Notices Sample Clauses

Adverse Action Notices. Company agrees that upon declining a Contract with respect to a Credit Application submitted by Dealer on behalf of an applicant (or the occurrence of another adverse action as defined under the ECOA, or the FCRA), Company will provide that applicant its own written notice of adverse action, which notice will comply with all applicable federal and state laws, regulations and rules, including but not limited to, the ECOA, and the FCRA.
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Adverse Action Notices. Company agrees that upon declining a Contract with respect to a Credit Application submitted by Dealer on behalf of an applicant (or the occurrence of another adverse action as defined under the Equal Credit Opportunity Act and Regulation B, or the Fair Credit Reporting Act), Company shall provide that applicant its own written notice of adverse action, which notice shall comply with all applicable federal, state and local laws, regulations and rules, including but not limited to, the Equal Credit Opportunity Act and Regulation B, and the Fair Credit Reporting Act.
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Adverse Action Notices. HSBC Bank shall (a) transmit a notice of adverse action to Applicants as required by Regulation B as promulgated by the Board of Governors of the Federal Reserve System (12 C.F.R. Part 202), or any successor regulation, or (b) direct the Agents to transmit such notice to Settlement Products Clients.
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Adverse Action Notices. WFS shall comply with and send any required adverse action notices and any other notices to the applicant of an Application as may be required by applicable Law as a result of its review of an Application.
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Adverse Action Notices. CPS will provide adverse action notices as described in the Credit Policy and Procedure.
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Adverse Action Notices. Agent will not deliver to any loan applicant an “adverse action” notice required by Federal Reserve Board Regulation B, 12 C.F.R. §202.9 when Agent determines that an applicant does not qualify for a particular loan. Rather, Agent shall deliver notice to Principal specifying the reasons Agent has declined to approve a Loan. Principal shall forward an adverse action notice to the applicant no later than thirty (30) days following the date Agent received a “completed application” (as defined loan unless, within the thirty (30) day period, the loan has been approved by the Agent or another lender.
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Adverse Action Notices a. Sterling Infosystems will mail Pre-Adverse (for employment purposes) and/or Adverse Action notices on behalf of Subscriber to individuals in compliance with the FCRA.
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Adverse Action Notices. Each party shall send any required adverse action notices and any other notices to Buyers (as set forth above, the term Buyer includes applicant) as may be required by applicable law, including, but not limited to, the ECOA, Regulation B, and the FCRA, as a result of its respective credit evaluation of a credit application.
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Related to Adverse Action Notices

  • Adverse Actions Take any action or fail to take any action that is intended or is reasonably likely to result in (i) any of its representations and warranties set forth in this Agreement being or becoming untrue in any material respect at any time at or prior to the Effective Time, (ii) any of the conditions to the Merger set forth in Article VI not being satisfied or (iii) a material violation of any provision of this Agreement, except, in each case, as may be required by applicable law or regulation.

  • Adverse Action The Indenture Trustee need not take an action that it determines might have a material adverse effect on the rights of the Noteholders not consenting to the action.

  • Legal Action Notice A prompt report of any legal actions pending or threatened in writing against Borrower or any of its Subsidiaries that could result in damages or costs to Borrower or any of its Subsidiaries of, individually or in the aggregate, One Hundred Thousand Dollars ($100,000) or more; and

  • Notification of Threatened Action Each Party will immediately notify the other Party of any information it receives regarding any threatened or pending action, inspection or communication by any Regulatory Authority, which may affect the safety or efficacy claims of any Licensed Product or the continued marketing of any Licensed Product. Upon receipt of such information, the Parties will consult with each other in an effort to arrive at a mutually acceptable procedure for taking appropriate action.

  • Adverse Proceedings, etc There are no Adverse Proceedings, individually or in the aggregate, that could reasonably be expected to have a Material Adverse Effect. Neither Holdings nor any of its Subsidiaries (a) is in violation of any applicable laws (including Environmental Laws) that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect, or (b) is subject to or in default with respect to any final judgments, writs, injunctions, decrees, rules or regulations of any court or any federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

  • Adverse Proceedings No action or proceeding by or before any court or other governmental body shall have been instituted or threatened by any governmental body or person whatsoever which shall seek to restrain, prohibit or invalidate the transactions contemplated by this Agreement.

  • Collection Notices The Collateral Agent is authorized at any time after the occurrence and during the continuance of an Amortization Event to date and to deliver to the Collection Banks the Collection Notices. Seller hereby transfers to the Collateral Agent for the benefit of the Purchasers, effective when the Collateral Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts. In case any authorized signatory of Seller whose signature appears on a Collection Account Agreement shall cease to have such authority before the delivery of such notice, such Collection Notice shall nevertheless be valid as if such authority had remained in force. After the occurrence and during the continuance of an Amortization Event, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to (i) endorse Seller’s name on checks and other instruments representing Collections and (ii) take such action as shall be necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Collateral Agent rather than Seller. Following the Amortization Date, Seller hereby authorizes the Collateral Agent, and agrees that the Collateral Agent shall be entitled, to enforce the Receivables, the related Contracts and the Related Security.

  • Governmental and Third-Party Notices and Consents (a) Each Party shall use its Reasonable Best Efforts to obtain, at its expense, all waivers, permits, consents, approvals or other authorizations from Governmental Entities, and to effect all registrations, filings and notices with or to Governmental Entities, as may be required for such Party to consummate the transactions contemplated by this Agreement and to otherwise comply with all applicable laws and regulations in connection with the consummation of the transactions contemplated by this Agreement.

  • Sending Notices Any notice required or permitted to be given under this Security Agreement shall be sent in accordance with Section 9.01 of the Credit Agreement.

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