Common use of CSO Program Clause in Contracts

CSO Program. The parties agree that CSO’s responsibility under the Program shall be to act as a “credit services organization” and/or a “credit access business” on behalf of Borrowers in accordance with the Rules and Program Guidelines and as such CSO shall have the right to charge each Borrower a fee (a “CSO Fee”) for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensation, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions (each “CSO Disclosure Statement”) and a Credit Services Agreement between CSO and each Borrower (each a “CSO Contract”). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and the terms and conditions of each CSO Contract. CSO shall determine, in its sole discretion, whether or not it is appropriate to offer a Credit Enhancement in connection with an Applicant. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants for Loans, and CSO makes no representation, warranty or covenant as to the number of Loan applications CSO will submit to Lender on behalf of Applicants. Unless otherwise required by the Rules, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancement.

CSO Program. The parties agree that CSO’s responsibility under the Program shall be to act as a “credit services organization” and/or a “credit access business” on behalf of Borrowers in accordance with the Rules and the Program Guidelines and as such CSO shall have the right to charge each Borrower a fee (a “CSO Fee”) for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensation, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions (each “CSO Disclosure Statement”) and a Credit Services Agreement between CSO and each Borrower (each a “CSO Contract”). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and the terms and conditions of each CSO Contract. CSO shall determine, in its sole discretion, whether or not it is appropriate to offer a Credit Enhancement in connection with an Applicant. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants for Loans, and CSO makes no representation, warranty or covenant as to the number of Loan applications CSO will submit to Lender on behalf of Applicants. Unless otherwise required by the Rules, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancement.

CSO Program. The parties agree that CSO’s responsibility under the Program shall be to act as a “credit services organization” and/or a “credit access business” on behalf of Borrowers in accordance with the Rules and Program Guidelines and as such CSO shall have the right to charge each Borrower a fee (a “CSO Fee”) for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensation, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party Third-Party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions (each “CSO Disclosure Statement”) and a Credit Services Agreement between CSO and each Borrower (each a “CSO Contract”). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and the terms and conditions of each CSO Contract. CSO shall determine, in its sole discretion, whether or not it is appropriate to offer a Credit Enhancement in connection with an Applicant. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants for Loans, and CSO makes no representation, warranty or covenant as to the number of Loan applications CSO will submit to Lender on behalf of Applicants. Unless otherwise required by the Rules, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancement.

CSO Program. The parties agree that CSO’s responsibility under the CSO Program shall be to act as a “credit services organization” and/or a “credit access business” on behalf of Borrowers consumers in accordance with the Rules and Program Guidelines Ohio Credit Services Organization Act (Ohio Revised Code Chapter 4712) (the “CSOA”), and as such CSO shall have the right to charge each a Borrower a fee (a “CSO Fee”) for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for brokering a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensationaccept, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The credit services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions credit services information statement (each a “CSO Disclosure Information Statement”) and ), a Credit Services Agreement credit services contract between CSO and each Borrower (each a “CSO Contract”), and a notice of cancellation to be provided by CSO to each Borrower that may be executed and delivered by each Borrower to CSO (each a “CSO Notice of Cancellation”). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and Information Statement, the terms and conditions of each CSO Contract. , the disclosures contained in the CSO shall determine, in its sole discretion, Notice of Cancellation and whether or not it is appropriate to offer any particular consumer the opportunity to apply for a Credit Enhancement in connection with an ApplicantLoan. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants applicants for Loans, and CSO makes no representation, warranty or covenant representation as to the number of Loan applications CSO will submit to Lender on behalf of Applicantsprospective Borrowers. Unless otherwise required by the RulesFurthermore, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancementservices.

CSO Program. The parties agree that CSO’s 's responsibility under the CSO Program shall be to act as a “"credit services organization” and/or a “credit access business” " (as defined under Chapter 393 of the Texas Finance Code) on behalf of Borrowers consumers in accordance with the Rules and Program Guidelines laws of the State of Texas and as such CSO shall have the right to charge each Borrower a fee (a “"CSO Fee”") for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for brokering a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensationaccept, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions Disclosure Statement (each “"CSO Disclosure Statement”") and a Credit Services Agreement between CSO and each Borrower (each a “"CSO Contract”"). CSO, in CSO’s 's sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and the terms and conditions of each CSO Contract. Contract and CSO shall determine, in its CSO's sole discretion, whether or not it is appropriate to offer any particular consumer the opportunity to apply for a Credit Enhancement in connection with an ApplicantLoan. Nothing Additionally, nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants applicants for Loans, Loans and CSO makes no representation, warranty or covenant representation as to the number of Loan applications CSO will submit to Lender on behalf of Applicantsprospective Borrowers. Unless otherwise required by the RulesFurthermore, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancementstand-by letter of credit.

CSO Program. The parties agree that CSO’s responsibility under the Program shall be to act as a “credit services organization” and/or a “credit access business” on behalf of Borrowers in accordance with the Rules and the Program Guidelines and as such CSO shall have the right to charge each Borrower a fee (a “CSO Fee”) for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensation, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions (each “CSO Disclosure Statement”) and a Credit Services Agreement between CSO and each Borrower (each a “CSO Contract”). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and the terms and conditions of each CSO Contract. CSO shall determine, in its sole discretion, whether or not it is appropriate to offer a Credit Enhancement in connection with an Applicant. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants for Loans, and CSO makes no representation, warranty or covenant as to the number of Loan applications CSO will submit to Lender on behalf of Applicants. Unless otherwise required by the Rules, FIRST FINANCIAL LOAN COMPANY LLC - RISE CREDIT SERVICE OF TEXAS, LLC [****] = “CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.” nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancement.

CSO Program. The parties agree that CSO’s responsibility under the CSO Program shall be to act as a “credit services organization” and/or a “credit access business” on behalf of Borrowers consumers in accordance with the Rules and Program Guidelines Ohio Credit Services Organization Act (Ohio Revised Code Chapter 4712) (the “CSOA”), and as such CSO shall have the right to charge each a Borrower a fee (a “CSO Fee”) for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for brokering a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensationaccept, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The credit services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions credit services information statement (each a “CSO Disclosure Statement”) and ), a Credit Services Agreement credit services contract between CSO and each Borrower (each a “CSO Contract”), and a notice of cancellation to be provided by CSO to each Borrower that may be executed and delivered by each Borrower to CSO (each a “CSO Notice of Cancellation”). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and Statement, the terms and conditions of each CSO Contract. , the disclosures contained in the CSO shall determine, in its sole discretion, Notice of Cancellation and whether or not it is appropriate to offer any particular consumer the opportunity to apply for a Credit Enhancement in connection with an ApplicantLoan. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants applicants for Loans, and CSO makes no representation, warranty or covenant representation as to the number of Loan applications CSO will submit to Lender on behalf of Applicantsprospective Borrowers. Unless otherwise required by the RulesFurthermore, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancementservices.

CSO Program. The parties agree that CSO’s responsibility under the CSO Program shall be to act as a “"credit services organization” and/or a “credit access business” " on behalf of Borrowers consumers in accordance with the Rules and Program Guidelines CSOA, and as such CSO shall have the right to charge each a Borrower a fee (a “"CSO Fee”") for providing credit services to each such Borrower (including issuing the Credit Enhancement for such Borrower) and arranging for brokering a Loan on behalf of such Borrower. CSO shall not share with Lender, and Lender shall not accept as compensationaccept, any portion of any CSO Fee obtained from a Borrower. If required by applicable Rules, CSO also shall act as a “third party debt collector” (as defined under Chapter 392 of the Texas Finance Code) on behalf of Lender with respect to the Loans in accordance with the Program Guidelines. The credit services CSO provides to each Borrower shall be governed by a Credit Services Disclosures, Terms and Conditions credit services information statement (each “a "CSO Disclosure Information Statement”) and "), a Credit Services Agreement credit services contract between CSO and each Borrower (each a “"CSO Contract”"), and a notice of cancellation to be provided by CSO to each Borrower that may be executed and delivered by each Borrower to CSO (each a "CSO Notice of Cancellation"). CSO, in CSO’s sole discretion, shall be solely responsible for determining the amount of the CSO Fee, the disclosures set forth in the CSO Disclosure Statement and Information Statement, the terms and conditions of each CSO Contract. , the disclosures contained in the CSO shall determine, in its sole discretion, Notice of Cancellation and whether or not it is appropriate to offer any particular consumer the opportunity to apply for a Credit Enhancement in connection with an ApplicantLoan. Nothing herein shall be deemed to commit CSO to broker any particular level or number of Applicants applicants for Loans, and CSO makes no representation, warranty or covenant representation as to the number of Loan applications CSO will submit to Lender on behalf of Applicantsprospective Borrowers. Unless otherwise required by the RulesFurthermore, nothing herein shall be deemed to require CSO to submit to Lender the application of any prospective Borrower to whom CSO has determined not to provide credit services or for whom CSO has determined not to issue a Credit Enhancementservices.