Common use of Bank’s Making and Ownership of Loans Clause in Contracts

Bank’s Making and Ownership of Loans. (a) The Bank in its sole discretion shall determine all of the conditions, terms and features of the Loans, including, without limitation, loan amounts, fees and charges, interest rates, credit limits, credit standards and all other terms and conditions of the Loans. The Bank shall make Loans to all Applicants (as that term is defined in Section 2(a) below) who meet such credit standards. Neither the Bank, nor Advance America, nor their respective employees shall suggest to Applicants that Loans are made or approved by Advance America or that Advance America (or any employee of Advance America) can improve an Applicant’s prospect of obtaining a Loan.

Appears in 5 contracts

Samples: Marketing and Servicing Agreement, Marketing and Servicing Agreement (First Community Financial Group Inc), Marketing and Servicing Agreement (Advance America, Cash Advance Centers, Inc.)

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Bank’s Making and Ownership of Loans. (a) The Bank in its sole discretion shall determine all of the conditions, terms and features of the Loans, including, without limitation, loan amounts, fees and charges, interest rates, credit limits, credit standards and all other terms and conditions of the Loans. The Bank shall make Loans to all Applicants (as that term is defined in Section 2(a) below) who meet such credit standards. Neither the Bank, nor Advance America, nor their respective employees shall suggest to Applicants that Loans are made or approved by Advance America or that Advance America (or any employee of Advance America) can improve an Applicant’s prospect of obtaining a Loan.

Appears in 1 contract

Samples: Marketing and Service Agreement Advance America (First Community Financial Group Inc)

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