Application for and Approval of Loans Sample Clauses

Application for and Approval of Loans. Dealer shall assist Customers in completion of applications for Loans. Dealer shall send, transmit or otherwise provide completed applications, and any supporting materials required by Finance, to such office of Finance as Finance may designate for approval. Finance may conduct such credit investigation of any applicant as Finance, in its sole discretion, shall deem necessary and proper. Finance shall have the sole authority and responsibility for making all credit decisions concerning the granting of a Loan and the terms upon which any Loan will be made, except to the extent that Finance authorizes Dealer to negotiate with the Customer any portion of the interest rate in connection with any Loan, which authorization may be provided in rate sheets provided to Dealer by Finance or otherwise in writing as Finance may determine, and, if Finance so authorizes Dealer, Dealer shall be solely responsible for any liability arising out of any claim, demand, or litigation in connection with such negotiation of such rate by Dealer. Dealer shall not represent to any Customer that any interest rate, or other term offered to the Customer in connection with any Loan is the "best available" or similar terminology. Dealer shall not represent, directly or indirectly, to any person that Dealer has the ability to approve any Loan on behalf of Finance. Finance shall notify Dealer of the action taken by Finance with respect to the application. Finance shall provide to the applicant the notices with respect to action taken and use of a consumer reporting agency required by the federal Equal Credit Opportunity Act, the Fair Credit Reporting Act and other applicable law solely for itself and not on behalf of Dealer. Dealer shall be responsible for any notices with respect to action taken and use of a consumer reporting agency required by the federal Equal Credit Opportunity Act, the Fair Credit Reporting Act and other applicable law to be given by Dealer, and Dealer shall only obtain a consumer report on any Customer from a consumer reporting agency if Dealer has a permissible purpose to do so under the Fair Credit Reporting Act and other applicable law. Any approval by Finance of an application for a Loan shall be conditional and shall be subject to Finance's subsequent acceptance of such Loan as provided in this Agreement. If Finance approves the application for such Loan, Dealer shall complete and have such approved Customers execute applicable Finance Documents in accordance w...
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Related to Application for and Approval of Loans

  • NOTICE, APPLICATION, AND APPROVALS 12.1 - Any notice to Lessor or Lessee required by this Lease shall be complete if submitted in writing and transmitted by personal delivery (with signed delivery receipt), or certified or registered mail return receipt request, or by a nationally recognized overnight delivery service. Unless either party notifies the other in writing of a different mailing address, notice to the Lessor and/or Lessee shall be transmitted to:

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  • Application and Selection (1) Application for professional development leave shall contain an appropriate outline of the project or work to be accomplished during the leave.

  • Application for Promotion Employees who have successfully completed their initial probationary period may make application for any Job Posting provided they meet the minimum, stated qualifications for the involved position; provided, however, that employees who have failed a promotional probationary period in a classification shall not be permitted to take an examination for promotion to that classification within twelve (12) months of the date of such failure.

  • Application for Use a. The Employer agrees to accept properly executed leave applications within six (6) months of the first day of the period of leave being requested.

  • New Application for Licensure Any time after the three-month period has lapsed from the Effective Date of this Agreement and Respondent has paid the Administrative Penalty set forth in Section III, Paragraph 1 of this Order, Respondent may apply for a new mortgage loan originator license or, as applicable, petition for the reinstatement of an MLO Activity Endorsement in any or all of the Participating States with the understanding that each State Mortgage Regulator reserves the rights to fully investigate such application for licensure or petition for reinstatement of an MLO Activity Endorsement and may either approve or deny such application or petition pursuant to the normal process for such licensing or endorsement investigations. No license application or petition described in this paragraph will be denied solely based on the facts, circumstances, or consensual resolution provided for in this Agreement. Respondent further agrees that Respondent must satisfy the Administrative Penalty provision prior to submitting an application for a new mortgage loan originator license or, as applicable, petition for the reinstatement of an MLO Activity Endorsement.

  • Withdrawal of Licensed Materials The Publisher reserves the right to withdraw from the Licensed Materials any item or part of an item for which it no longer retains the right to publish, or which it has reasonable grounds to believe infringes copyright or is defamatory, obscene, unlawful, or otherwise objectionable. The Distributor shall ensure that the Publisher will give prior written notice of the withdrawal to the Licensee and the Participating Institutions as soon as is practicable, but in no event less than thirty (30) days in advance of such withdrawal, specifying the item or items to be withdrawn.

  • State Approval of Replacement Personnel The Engineer may not replace the project manager or key personnel without prior consent of the State. The State must be satisfied that the new project manager or other key personnel is qualified to provide the authorized services. If the State determines that the new project manager or key personnel is not acceptable, the Engineer may not use that person in that capacity and shall replace him or her with one satisfactory to the State within forty-five (45) days.

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