Referral Loans definition

Referral Loans means loans resulting from a solicitation made by Marketer to a prospective borrower or cross-sold by CFS or Bank, in either case as evidenced by (a) the borrower's call to a toll free number established exclusively for use in connection with applications for CFS Loans or (b) the borrower's use of a web site, the URL for which is assigned exclusively to Marketer, or (c) the use of written Marketing Materials to apply for a CFS Loan.

Examples of Referral Loans in a sentence

  • Compensation shall be payable only with respect to Referral Loans that have been purchased in a Securitization Transaction.