Consumer Credit. If any Collateral or proceeds includes obligations of third parties to Debtor, the transactions giving rise to the Collateral shall conform in all respects to the applicable state or federal law including but not limited to consumer credit law. Debtor shall hold harmless and indemnify Bank against any cost, loss or expense arising from Debtor's breach of this covenant.
Consumer Credit. Where applicable to you the statutory notices required by the Consumer Credit Xxx 0000 (“the Act”) contained in this agreement refer to your rights but do not extend them. If you are a body corporate or you are not an individual as defined in that Act then this agreement will not be regulated by the Act.
Consumer Credit. Equipment or the design or colour of any impression approved by Royal Mail; for example so as to affect the franking or revenue recording mechanism.
Consumer Credit. No Loan constitutes consumer credit as defined under the federal Truth in Lending Act, 15 USC 1601 et seq. (“TILA”), and its promulgating regulation, Regulation Z, 12 CFR Part 1026. Each Loan will only be used for commercial or business purposes as defined in Section 104(1) of TILA, 15 USC 1063(1), and Section 1026.3(a)(1) Regulation Z, 12 CFR 1026.3(a)(1). Further, none of the Loans are subject to any federal, state or local laws governing consumer credit, including, but not limited to, TILA and Regulation Z, the federal Real Estate Settlement Procedures Act and its promulgating regulation, Regulation X, the Home Ownership and Equity Protection Act and any state laws applicable to “high cost,” “predatory,” threshold” or similar loans.
Consumer Credit. Notwithstanding anything in this Mortgage to the contrary, this Mortgage shall not secure any portion of the Indebtedness which is deemed to be consumer credit under the Truth in Lending Act.
Consumer Credit. The Borrower will comply at all times with the requirements of the Regulated Activities Order in funding any Disbursements on behalf of its clients.
Consumer Credit. These are loans for the purpose of acquiring goods or services which are not intended for the production or marketing of such goods or services. It is expressly understood that this type of loan shall be deemed to include occasional personal overdrafts, loans granted via credit cards, leasing arrangements, loans granted with a mortgage guarantee and all others intended for the aforementioned purpose.
Consumer Credit. All loans which relate to consumer credit, with or without guarantees in rem, including occasional personal overdrafts, shall be classified in accordance with the following criteria:
Consumer Credit. Except as set forth in Item --------------- 6.15 ("Consumer Matters") of the Disclosure Schedule, and without limiting the generality of Section 6.7 or Section 6.16, there has been no past, and there is no pending or threatened, litigation, action, proceeding or controversy affecting the Borrower or any of its Subsidiaries, and no pending or threatened complaint, notice or inquiry to the Borrower or any of its Subsidiaries, regarding potential liability of the Borrower, any Subsidiary or Affiliate of the Borrower or any officer, director, agent or employee of the Borrower, or any Subsidiary or Affiliate of the Borrower under or arising from any Consumer Credit Law which is reasonably likely to have a material adverse effect on the financial condition, operations, assets, business or properties of the Borrower or any of its Subsidiaries; and, to the knowledge of the Borrower, no fact or situation exists that could form the basis for any such litigation, action, proceeding, controversy, complaint, notice or inquiry. The Borrower and each of its Subsidiaries is in compliance with all applicable requirements or conditions imposed by all applicable Consumer Credit Laws, except where the failure to so be in compliance would not have a material adverse effect on the financial condition, operations, assets, business or properties of the Borrower or any of its Subsidiaries.
Consumer Credit. 1.1 information we collect and hold about individuals when providing credit to those individuals for services (such as advertising services) which are acquired for personal, family or household purposes; and
