California Financial Lender Sample Clauses

California Financial Lender. Aquarius Financial is a California Finance Lender with a Finance Lender License issued by the California Department of Business Oversight (“CDBO”). Since the issuance of such Finance Lender License and prior to the Closing Date and as of the Closing Date, Aquarius Financial has conducted the Finance Business in compliance and in accordance with California Financing Law, and the regulations contained in Chapter 3, Title 10 of the California Code of Regulations and any other applicable Laws (the “Finance Laws”), including (a) the timely filing of the annual report with the CDBO, (b) payment of any annual assessments assessed by CDBO, (c) maintained a surety bond in a minimum amount required under the Finance Law, and (d) maintaining a net worth of at least $25,000. Except as set forth in Schedule 5.34, Aquarius Financial has not been subject to a review, audit, or examination by the CDBO or any penalty or fine resulting from a violation of any Finance Law. Aquarius Financial’s Finance Lender License has never been suspended or revoked (for any period of time) by the CDBO.
Sample 1
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Related to California Financial Lender

  • Bank Holding Company Borrower is not a “bank holding company” or a direct or indirect subsidiary of a “bank holding company” as defined in the Bank Holding Company Act of 1956, as amended, and Regulation Y thereunder of the Board of Governors of the Federal Reserve System.

  • EEA Financial Institution No Loan Party is an EEA Financial Institution.

  • EEA Financial Institutions No Loan Party is an EEA Financial Institution.

  • Bank The Buyer (a) is a national bank or banking institution organized under the laws of any State, territory or the District of Columbia, the business of which is substantially confined to banking and is supervised by the State or territorial banking commission or similar official or is a foreign bank or equivalent institution, and (b) has an audited net worth of at least $25,000,000 as demonstrated in its latest annual financial statements, a copy of which is attached hereto.

  • THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1, as Lenders;

  • Affected Financial Institution No Loan Party is an Affected Financial Institution.

  • Wachovia Wachovia Mortgage Corporation, a North Carolina corporation, and its successors and assigns.

  • Affected Financial Institutions No Loan Party is an Affected Financial Institution.

  • Borrower’s Financial Condition BTC has delivered to BFA, the investment adviser to the Funds, each Borrower’s most recent statements required to be furnished to customers by Rule 17a-5(c) of the Securities and Exchange Commission under the Securities Exchange Act of 1934, or such other documents as may be required, as have been made available to BTC pursuant to the Securities Lending Agreements. BTC shall promptly deliver to any investment adviser for the Funds all statements and financial information subsequently delivered to BTC and required to be furnished to BTC under the Securities Lending Agreements.

  • Reliance by Financial Institution The Financial Institution is not obligated to investigate or inquire whether the Secured Party may deliver a Secured Party Order. The Financial Institution may rely on communications (including Secured Party Orders) believed by it in good faith to be genuine and given by the proper party.

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