The Company and its subsidiaries are in material compliance with the Applicable Consumer Finance Laws. The syntax for PEEK is $PEEK: where is DYAD, INDI or GRUP. Within 30 days after the date of this Amendment (or such longer time period as approved by Agent), Borrowers shall provide to Agent a written opinion of counsel, in form and substance and by a law firm satisfactory to Agent, with respect to the compliance of Borrowers’ form Contracts (in each state where such Contract is used) with the applicable Consumer Finance Laws. The petition seeks a declaratory statement from the Office on whether Petitioner’s proposed business activity of originating, servicing and collecting loans (from eligible consumers) at interest rates of 4-18% per annum requires licensure under Florida’s Consumer Finance Laws, Chapter 516, Florida Statutes. Examples of Consumer Finance Laws in a sentenceĮach of Parent and its Subsidiaries has duly complied, and its Properties and business operations are in compliance, in all material respects with all Applicable Law (including all Consumer Finance Laws), except where noncompliance could not reasonably be expected to have a Material Adverse Effect.īorrowers’ Credit Guidelines shall at all times comply in all material respects with all requirements of Applicable Law (including, but not limited to, Consumer Finance Laws and laws relating to usury, truth-in-lending, fair lending, predatory and abusive lending, consumer credit protection, fair credit reporting, equal credit opportunity, unfair and deceptive practices and disclosure obligations related thereto).
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