Common use of Limited Agency Relationship Clause in Contracts

Limited Agency Relationship. Notwithstanding the Section of the Master Terms entitled "Independent Parties," Licensee agrees that, in obtaining Consumer Reports via the Licensed Application and in the processing and evaluation of Consumer Data from Consumer Reports by the Licensed Application for purposes of performing a Prequalification Analysis or making an underwriting recommendation, Xxxxxx Xxx, as owner of the Licensed Application, is the agent of Licensee, as that term is defined in the FCRA. As Licensee’s limited agent, Xxxxxx Mae will, and is expressly authorized by Licensee to a. obtain Consumer Data for purposes of performing a Prequalification Analysis or making an underwriting recommendation and b. disclose or require Licensee to disclose (through reasonable, prescribed means) to Third- Party Data Sources, including consumer reporting agencies, any secondary use of such Consumer Data facilitated by Licensee’s use of the Licensed Application (including information relating to the identity of the secondary user). Licensee also agrees that Xxxxxx Mae's role as Licensee's limited agent does not extend beyond the limited purposes set forth in this Section, and, for all other purposes, there is no such principal and agent relationship. Moreover, Licensee will in no way misrepresent to any third party the limited extent of this principal/agent relationship.

Limited Agency Relationship. Notwithstanding the Section of the Master Terms entitled captioned "Independent Parties," of the Agreement, Licensee hereby expressly acknowledges, understands and agrees that, in obtaining Consumer Reports consumer reports via the Licensed Application Credit Retrieval Module and in the processing and evaluation of Consumer Credit Data from Consumer Reports by the Licensed Application for purposes of performing a Prequalification Analysis or and/or making an underwriting recommendation, Xxxxxx Xxx, as owner of the Licensed Application, is (a) shall be the agent of Licensee, as that term is defined in the FCRA. As Licensee’s FCRA and, (b) in its role as limited agent, Xxxxxx Mae will, and is expressly authorized by Licensee to a. obtain Consumer Data for purposes of performing a Prequalification Analysis or making an underwriting recommendation and b. may disclose or require Licensee to disclose (through reasonable, prescribed means) to Third- Party Data Sources, including consumer reporting agencies, agencies any secondary use of such Consumer Credit Data facilitated by Licensee’s use of the Licensed Application (including information relating to the identity of the secondary user). As Licensee's agent, Xxxxxx Xxx shall, and is hereby expressly authorized by Licensee to, obtain Consumer Credit Data for the sole purpose of performing a Prequalification Analysis and/or making an underwriting recommendation. Licensee also expressly acknowledges, understands and agrees that Xxxxxx Fannie Mae's role as Licensee's limited agent does shall not extend beyond the limited purposes set forth in this Section, and, for all other purposes, there is shall be no such principal and agent relationship. Moreover, Licensee will shall in no way misrepresent to any third party the limited extent of this principal/agent relationship.

Limited Agency Relationship. Notwithstanding the Section of the Master Terms entitled "Independent Parties," Licensee agrees that, in obtaining Consumer Reports via the Licensed Application and in the processing and evaluation of Consumer Data from Consumer Reports by the Licensed Application for purposes of performing a Prequalification Analysis or making an underwriting recommendation, Xxxxxx XxxMae, as owner of the Licensed Application, is the agent of Licensee, as that term is defined in the FCRA. As Licensee’s limited agent, Xxxxxx Mae Xxx will, and is expressly authorized by Licensee to a. obtain Consumer Data for purposes of performing a Prequalification Analysis or making an underwriting recommendation and b. disclose or require Licensee to disclose (through reasonable, prescribed means) to Third- Party Data Sources, including consumer reporting agencies, any secondary use of such Consumer Data facilitated by Licensee’s use of the Licensed Application (including information relating to the identity of the secondary user). Licensee also agrees that Xxxxxx Mae's role as Licensee's limited agent does not extend beyond the limited purposes set forth in this Section, and, for all other purposes, there is no such principal and agent relationship. Moreover, Licensee will in no way misrepresent to any third party the limited extent of this principal/agent relationship.

Limited Agency Relationship. Notwithstanding the Section of the Master Terms entitled "Independent Parties," Licensee agrees that, in obtaining Consumer Reports via the Licensed Application and in the processing and evaluation of Consumer Data from Consumer Reports by the Licensed Application for purposes of performing a Prequalification Analysis or making an underwriting recommendation, Xxxxxx XxxMae, as owner of the Licensed Application, is the agent of Licensee, as that term is defined in the FCRA. As Licensee’s limited agent, Xxxxxx Mae Xxx will, and is expressly authorized by Licensee to a. obtain Consumer Data for purposes the sole purpose of performing a Prequalification Analysis or making an underwriting recommendation and b. disclose or require Licensee to disclose (through reasonable, prescribed means) to Third- Party Data Sources, including consumer reporting agencies, any secondary use of such Consumer Data facilitated by Licensee’s use of the Licensed Application (including information relating to the identity of the secondary user). Licensee also agrees that Xxxxxx Mae's role as Licensee's limited agent does not extend beyond the limited purposes set forth in this Section, and, for all other purposes, there is no such principal and agent relationship. Moreover, Licensee will in no way misrepresent to any third party the limited extent of this principal/agent relationship.

Limited Agency Relationship. Notwithstanding the Section of the Master Terms entitled "Independent Parties," Licensee agrees that, in obtaining Consumer Reports via the Licensed Application and in the processing and evaluation of Consumer Data from Consumer Reports by the Licensed Application for purposes of performing a Prequalification Analysis or making an underwriting recommendation, Xxxxxx Xxx, as owner of the Licensed Application, is the agent of Licensee, as that term is defined in the FCRA. As Licensee’s limited agent, Xxxxxx Mae will, and is expressly authorized by Licensee to a. obtain Consumer Data for purposes the sole purpose of performing a Prequalification Analysis or making an underwriting recommendation and b. disclose or require Licensee to disclose (through reasonable, prescribed means) to Third- Party Data Sources, including consumer reporting agencies, any secondary use of such Consumer Data facilitated by Licensee’s use of the Licensed Application (including information relating to the identity of the secondary user). Licensee also agrees that Xxxxxx Mae's role as Licensee's limited agent does not extend beyond the limited purposes set forth in this Section, and, for all other purposes, there is no such principal and agent relationship. Moreover, Licensee will in no way misrepresent to any third party the limited extent of this principal/agent relationship.

Limited Agency Relationship. Notwithstanding the Section of the Master Terms entitled "Independent Parties," Licensee agrees that, in obtaining Consumer Reports via the Licensed Application and in the processing and evaluation of Consumer Data from Consumer Reports by the Licensed Application for purposes of performing a Prequalification Analysis or making an underwriting recommendation, Xxxxxx Xxx, as owner of the Licensed Application, is the agent of Licensee, as that term is defined in the FCRA. As Licensee’s limited agent, Xxxxxx Mae Xxx will, and is expressly authorized by Licensee to a. obtain Consumer Data for purposes the sole purpose of performing a Prequalification Analysis or making an underwriting recommendation and b. disclose or require Licensee to disclose (through reasonable, prescribed means) to Third- Party Data Sources, including consumer reporting agencies, any secondary use of such Consumer Data facilitated by Licensee’s use of the Licensed Application (including information relating to the identity of the secondary user). Licensee also agrees that Xxxxxx Fannie Mae's role as Licensee's limited agent does not extend beyond the limited purposes set forth in this Section, and, for all other purposes, there is no such principal and agent relationship. Moreover, Licensee will in no way misrepresent to any third party the limited extent of this principal/agent relationship.