Credit Reporting Agency Sample Clauses

Credit Reporting Agency. 2.1 The Lender, any Assign, a Service Provider, a Broker or Financial Adviser acting on behalf of the Borrower or the Guarantor may give a credit reporting agency personal information about the Borrower and the Guarantor. The information which may be given to an agency is covered by the Privacy Act and includes, to the extent applicable: (a) permitted information about the Borrower or the Guarantor which will allow the Borrower or the Guarantor to be identified; (b) details of any cheques drawn by the Borrower or the Guarantor for an amount not less than $100 which have been dishonoured more than once; (c) where in the Lender’s opinion, the Borrower or the Guarantor has committed a serious credit infringement; (d) the fact that the Borrower: i has applied for credit and the amount of credit applied for; and ii the Lender is a current credit provider to the Borrower; (e) payments which are overdue by the Borrower for more than 60 days and for which collection action has commenced; (f) advice that payments by the Borrower are no longer overdue; (g) whether credit provided to the Borrower by the Lender has been paid or otherwise discharged; and (h) the fact that: i the Guarantor has offered to act as guarantor in respect of credit or an Application; and ii the fact that the Guarantor has failed to pay an amount due by it as guarantor where, amongst other things: A it has received notice of default by the Borrower and has not paid for 60 days after that notice; and B the Lender has in addition to that notice, commenced action to recover the amount due from the Guarantor. 2.2 The information in Clause 2 of this Part 8 may be given before, during or after the assessment is made whether to accept an Application. 2.3 Each of the Borrower and the Guarantor agrees to the Lender, for the purpose of assessing the Application (and any other application or request the Borrower or the Guarantor may make to the Lender in relation to the Agreement) and assessing whether to provide credit to the Borrower or accept the Guarantor as guarantor in respect of credit applied for, or provided to, the Borrower: (a) obtaining from a credit reporting agency a credit report containing information about its personal credit worthiness for the purpose of assessing the application of the Borrower and/or the application by the Guarantor to act as guarantor for the Borrower and for the purpose of assisting in collecting overdue payments in respect of any credit the Lender provides as a resu...
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Credit Reporting Agency. The Bank, as part of its procedures in granting or continuing to grant banking and/or credit facilities and services to its customers, may obtain credit reports, conduct credit and other financial checks and verify information on the Borrower, including on its directors and/or shareholders, guarantors and/or security party (collectively, “Data Subjects”) from time to time, from various selected sources, such as CCRIS, the Credit Bureau Malaysia and any registered credit reporting agency. The Borrower hereby consents to: (i) the Bank carrying out credit checks and obtaining credit reports and information from time to time on the Borrower and the Data Subjects from the Credit Bureau Malaysia and any credit reporting agencies registered under the Credit Reporting Agencies Xxx 0000 (as listed on the Bank’s website at xxx.xxxx.xxx.xx); and (ii) the Credit Bureau Malaysia and any other credit reporting agencies registered under the Credit Reporting Agencies Xxx 0000 (as listed on the Bank’s website at xxx.xxxx.xxx.xx) sourcing and retaining information on the Borrower and all Data Subjects from any available data source, and disclosing to the Bank any such information as may be requested by the Bank. The Borrower warrants that the Borrower has been irrevocably authorised by the Data Subjects to give this consent on their behalf.
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Credit Reporting Agency. Bank authorizes DCS to obtain information froth credit reporting agencies for the purpose of evaluating merchant credit worthiness under Bank’s subscriber number or other identification number identifying, Bank as the user of the information.
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Credit Reporting Agency. Agencies that engage in assembling and evaluating consumer credit information or other information on consumers for the purpose of furnishing consumer reports to third parties.
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Credit Reporting Agency. Notwithstanding any other provision of this Agreement, neither Party nor any of its Affiliates shall be required hereunder to engage in any action or omission that would cause it to become a “consumer reporting agency” under the federal Fair Credit Reporting Act or similar law as amended from time to time. To the best of the Parties’ understanding as of the Effective Date, the foregoing does not prohibit compliance with Section (c) of Schedule 2.4 as of the Effective Date.
Sample 1

Related to Credit Reporting Agency

  • Credit Reports With your consent, in dealing with you we may obtain and consult credit reports on you prepared by credit reporting agencies. You have rights of access and correction in relation to the files held on you by these agencies by contacting them. Please write to us at the address shown at the end of this booklet to the attention of the Compliance Department, Protection of Personal Information if you wish to obtain the name and address of the agency or agencies from whom we have obtained a credit report about you.

  • Credit Reporting For each Mortgage Loan, the Company shall accurately and fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information on its borrower credit files to each of the following credit repositories: Equifax Credit Information Services, Inc., TransUnion, LLC and Experian Information Solution, Inc. on a monthly basis.

  • Credit Reporting; Gramm-Leach-Bliley Act (a) With respect to each Mortgage Loan, each Sexxxxxx xxxxxx xx xully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and TransUnion Credit Information Company (three of the credit repositories), on a monthly basis. (b) Each Servicer shall comply with Title V of the Gramm-Leach-Bliley Act of 1999 and all applicable regulations promulgatxx xxxxxxxxxx, xxxating to the Mortgage Loans required to be serviced by it and the related borrowers and shall provide all required notices thereunder.

  • Fair Credit Reporting Act The Servicer has fully furnished, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company (three of the credit repositories) on a monthly basis.

  • Letter of Credit Reports Each Issuing Bank shall furnish (A) to the Agent on the first Business Day of each month a written report summarizing issuance and expiration dates of Letters of Credit issued by such Issuing Bank during the preceding month and drawings during such month under all such Letters of Credit and (B) to the Agent on the first Business Day of each calendar quarter a written report setting forth the average daily aggregate Available Amount during the preceding calendar quarter of all Letters of Credit issued by such Issuing Bank.

  • Audit Reports Promptly upon receipt thereof, one copy of each interim or special audit made by independent accountants of the books of the Company or any Subsidiary;

  • Audit Report Audits will be conducted as provided by the Single Audit Act Amendments of 1996 and OMB Circular A-133. The Department of Justice and Department of the Treasury reserve the right to conduct periodic random audits. Under penalty of perjury, the undersigned officials certify that they have read and understand their obligations under the Equitable Sharing Agreement and that the information submitted in conjunction with this Document is an accurate accounting of funds received and spent by the Agency under the Justice and/or Treasury Guides during the reporting period and that the recipient Agency is in compliance with the National Code of Professional Conduct for Asset Forfeiture. The undersigned certify that the recipient Agency is in compliance with the nondiscrimination requirements of the following laws and their Department of Justice implementing regulations: Title VI of the Civil Rights Act of 1964 (42 U.S.C. § 2000d et seq.), Title IX of the Education Amendments of 1972 (20 U.S.C. § 1681 et seq.), Section 504 of the Rehabilitation Act of 1973 (29 U.S.C. § 794), and the Age Discrimination Act of 1975 (42 U.S.C. § 6101 et seq.), which prohibit discrimination on the basis of race, color, national origin, disability, or age in any federally assisted program or activity, or on the basis of sex in any federally assisted education program or activity. The Agency agrees that it will comply with all federal statutes and regulations permitting federal investigators access to records and any other sources of information as may be necessary to determine compliance with civil rights and other applicable statutes and regulations. judgment, or determination that the Agency discriminated against any person or group in violation of any of the federal civil rights statutes listed above; or (2) has the Agency entered into any settlement agreement with respect to any complaint filed with a court or administrative agency alleging that the Agency discriminated against any person or group in Signature: Name: XXXX XXXX XXXXXX Title: COMMANDER Date: E-mail: xxxx.xxxxxx@xxx.xx.xxx

  • Collection Practices The collection practices used by the Servicer with respect to each Mortgage Note and Mortgage have been in all respects legal, proper and prudent in the mortgage servicing business;

  • Compliance with Securities Regulations and Commission Requests The Company, subject to Section 3(b), will comply with the requirements of Rule 430B of the 1933 Act Regulations and will notify the Representatives immediately, and confirm the notice in writing, of (i) the effectiveness of any post-effective amendment to the Registration Statement or any new registration statement relating to the Securities or the filing of any supplement or amendment to the Prospectus, (ii) the receipt of any comments from the Commission with respect to the Registration Statement, (iii) any request by the Commission for any amendment to the Registration Statement or any amendment or supplement to the Prospectus or for additional information, (iv) the issuance by the Commission of any stop order suspending the effectiveness of the Registration Statement or such new registration statement or of any order preventing or suspending the use of any preliminary prospectus relating to the Securities, or of the suspension of the qualification of the Securities for offering or sale in any jurisdiction, or of the initiation or threatening of any proceedings for any of such purposes or of any examination pursuant to Section 8(e) of the 1933 Act concerning the Registration Statement and (v) if the Company becomes the subject of a proceeding under Section 8A of the 1933 Act in connection with the offering of the Securities. The Company will promptly effect the filings required under Rule 424(b), in the manner and within the time period required by Rule 424(b) (without reliance on Rule 424(b)(8)), and will take such steps as it deems necessary to ascertain promptly whether the Prospectus transmitted for filing under Rule 424 was received for filing by the Commission and, in the event that it was not, it will promptly file the Prospectus. The Company will make every reasonable effort to prevent the issuance of any stop order and, if any stop order is issued, to obtain the lifting thereof at the earliest possible moment.

  • Community Reinvestment Act Compliance The Company and each of its Subsidiaries that is an insured depositary institution is in compliance with the applicable provisions of the Community Reinvestment Act of 1977 and the regulations promulgated thereunder and has received a Community Reinvestment Act rating of at least “satisfactory” in its most recently completed exam, and to the Knowledge of the Company, there does not exist any fact or circumstance or set of facts or circumstances which would reasonably be expected to result in the Company or any such Subsidiary having its current rating lowered.

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