Routine Inquiry definition
Routine Inquiry means, without limitation, any inquiry, written or otherwise, made by a competent Governmental Authority with legal authority to regulate the activities of Borrower, Holdings or their respective Affiliates with respect to the Leases, made via a form letter or otherwise in connection with the routine transmittal of a consumer complaint or an alleged failure to comply with such State’s lending licensing requirements or its deferred deposit or “payday” lending laws or similar laws that are not applicable to Borrower, Holdings or their respective Affiliates with respect to the Leases.
Routine Inquiry means any inquiry, written or otherwise, made by a Governmental Authority to any Person in connection with (i) the routine transmittal of a customer complaint, (ii) a formal or informal request for information regarding the Person’s business activities, licensing status and/or regulatory posture, other than a formal or informal inquiry that alleges any violation or wrongdoing by such Person, or (iii) a civil investigative demand by the Consumer Financial Protection Bureau or any attorney general (or any other similar proceeding by any other Governmental Authority).
Routine Inquiry means any inquiry, written or otherwise, made by any Governmental Authority to any Person in connection with (i) the routine transmittal of a customer complaint, (ii) a formal or informal request for information or documents (whether pursuant to any requirements of law or otherwise) regarding the Person’s business activities, licensing status and/or regulatory posture (other than (A) a formal or informal inquiry, (B) a request for information or documents or (C) an investigation that, in any case, alleges any material non-compliance by such Person with respect to any (x) applicable Laws or (y) requirements relating to business activities, licensing status or regulatory posture) or (iii) a formal or informal investigation or other information or document request (whether pursuant to any requirements of law or otherwise) into acts or practices that would not render the Originated Customer Loans invalid, illegal or unenforceable as a matter of law or in accordance with their terms.
More Definitions of Routine Inquiry
Routine Inquiry means any inquiry, written or otherwise, made by a Governmental Authority to any Person in connection with (i) the routine transmittal of a customer complaint, (ii) a formal or informal request for information regarding the Person’s business activities, licensing status and/or regulatory posture, other than a formal or informal inquiry that alleges any violation or wrongdoing by such Person, or (iii) a civil investigative demand, formal inquiry or investigation into acts or practices that would not render the applicable Receivables or the related Portfolio Documents invalid, illegal or unenforceable as a matter of law or in accordance with their terms.
Routine Inquiry means any inquiry, written or otherwise, made by a Governmental Authority in connection with (i) the routine transmittal of a customer complaint or (ii) a formal or informal non-adverse request for information regarding Regional Management’s business activities, licensing status and/or regulatory posture but only if such request does not contain any specific allegations or violations involving Regional Management; provided that, for purposes of this definition a “Routine Inquiry” shall include such inquiry, written or otherwise, relating to routine findings by a Governmental Authority in the ordinary course that could not be reasonably expected to (A) render the applicable Receivables or the related Contracts invalid, illegal, uncollectible or unenforceable as a matter of law or in accordance with their terms, or (B) otherwise impair the collectability (or potential collectability) of the applicable Receivables in any material respect.
Routine Inquiry means any inquiry, written or otherwise, made by a Governmental Authority in connection with (i) the routine transmittal of a customer complaint, (ii) a formal or informal request for information regarding Payoneer’s or PEPI’s business activities, licensing status and/or regulatory posture, (iii) an alleged failure to comply with a state’s deferred deposit or “payday” lending laws or similar laws that should not apply to Payoneer or PEPI in such state or (iv) a civil investigative demand, formal inquiry or investigation into acts or practices that would not render the Receivables or the related Merchant Contracts invalid, illegal or unenforceable as a matter of law or in accordance with their terms.
Routine Inquiry means any inquiry, written or otherwise, made by a Governmental Authority in connection with (i) the routine transmittal of a customer complaint, (ii) a formal or informal non-adverse request (not including a civil investigative demand or subpoena from the CFPB, a state regulator or attorney general) for information regarding the Borrower’s business activities, licensing status and/or regulatory posture but only if such request does not contain any specific allegations or violations involving the Borrower, or (iii) a regular and ordinary course audit or state exam, the results of which may include a non-material monetary penalty or settlement.
Routine Inquiry includes, without limitation, any inquiry, written or otherwise, made by a competent Governmental Authority with routine legal authority to regulate the activities of Borrower, Intermediate SPE, any Seller, any Bank Partner, any Indemnity Guarantor, Servicer, or any of Borrower’s Affiliates with respect to the Receivables, made via a form letter or otherwise which does not contain any specific allegations or violations, including, without limitation, in connection with (a) the routine transmittal of a consumer complaint or (b) a request for information that is routine in nature, is unconnected with any alleged pattern or practice of wrongdoing, or otherwise consists of a general request for information.
Routine Inquiry means any inquiry, written or otherwise, made by a Governmental Authority to any Credit Party, any third party then engaged by the Servicer as a sub-servicer, the applicable Bank Partner Originator or the Originator in connection with (i) the transmittal of a customer complaint, (ii) a formal or informal request for information regarding the Person’s [OppLoans SPV] Second A&R Credit Agreement #514109284 business activities, licensing status and/or regulatory posture, or (iii) a civil investigative demand, formal inquiry or investigation by the Consumer Financial Protection Bureau or any attorney general (or any other similar proceeding by any other Governmental Authority).
Routine Inquiry includes, without limitation, any inquiry, written or otherwise, made by a Governmental Authority with actual or purported legal authority to regulate the activities of any of the Seller, Servicer or any of their respective subsidiaries with respect to the Allocated Eligible Receivables or Eligible Participations, made via a letter or otherwise in connection with the routine transmittal of a consumer or borrower complaint or an alleged failure to comply with such Governmental Authority’s lending licensing requirements or its deferred deposit or similar lending laws or similar laws that are applicable to any of the Seller, Servicer or any of their respective subsidiaries with respect to the Allocated Eligible Receivables or Eligible Participations.