Declines Sample Clauses
The 'Declines' clause defines the circumstances under which a party may refuse or reject an offer, request, or proposal within the agreement. Typically, this clause outlines the process for formally notifying the other party of a decline, such as requiring written notice or specifying a timeframe for response. Its core practical function is to establish clear procedures for declining actions or obligations, thereby preventing misunderstandings and ensuring both parties are aware of their rights and responsibilities when a decline occurs.
Declines. In the event Bank declines a Loan Application, UNI shall provide notices on behalf of Bank in accordance with the FCRA and ECOA including an adverse action notice to any Loan Applicant whose Loan Application is rejected by Bank.
Declines. On behalf of Bank, Platform Agent shall provide notices in accordance with FCRA, including any adverse action notices, to the Loan Applicant if the related Loan Application is rejected by Bank.
Declines. If the applicant is not approved you will be prompted to insert the application to be franked with the following information: “NOT APPROVED”, the application reference number, the store of sale number and the date. Advise the customer that we were unable to approve their application at this time and that they will receive a letter from MCCBG within 30 days concerning their application. At this time hand the customer the courtesy card. If the customer asks why they were not approved, your only response is to advise them that they will receive a credit response letter in the mail. This letter is sent by our credit provider, MCCBG. ▪ Referrals: If you receive a CALL REF# response, you will be prompted to insert the application to be franked with the following information: the application reference number, the store of sale number and the date. A call referral is generated due to incomplete information on the applicant. When calling in a referral, please have the applicant nearby as they will be asked to verify their information. ▪ If you are unable to process applications through the Register because of a Gap systems problem, call MCCBG at ▇-▇▇▇-▇▇▇-▇▇▇▇ and have the application processed over the phone. Ensure that the application is filled out completely by the customer and sufficient ID has been verified before calling MCCBG. Applications can only be processed by phone during Register downtime. ▪ Whether approved, declined or referred, under no circumstances is the application ever given back to the customer. Once it has been processed, it becomes the property of MCCBG and must be retained as a legal document. All processed applications must be mailed daily to: EDM International PO Box 981120 El Paso, TX 79998-9912 Applications that have been completed by the customer but not processed will be mailed separately daily to the address printed on the applications.
Declines. If a monthly payment charge declines, your membership will automatically be put on hold. If payment is not resolved after one week, membership will be canceled. There is no penalty or cancellation fee for this cancellation.
Declines. Bank shall provide notice to Platform Agent of all declined Loan Applications on a daily basis. On behalf of Bank, Platform Agent shall provide notices in accordance with Applicable Law, including any adverse action notices, to the Loan Applicant if the related Loan Application is rejected by Bank.
Declines. In some cases, Mint will have to decline applications for a Card. Mint will be responsible for informing the applicant if his or her application is rejected. If an application fee has been collected from the applicant, it must be returned to the applicant.