Marketing of Loans. (i) The Bank hereby authorizes Advance America to market and service the Loans and to use the name, and any trade name and logo, of the Bank in connection with such marketing and servicing. Advance America may use letters, print advertisements, the Internet and television and radio commercials for such purposes. All advertising and promotions for the Loans shall appropriately identify the Bank as the lender. Advance America shall submit all advertising materials to the Bank for the Bank’s prior approval, which shall not be unreasonably withheld. (ii) Advance America shall maintain and operate stores for the purpose of marketing and servicing the Loans. (iii) In connection with Advance America’s performance of its obligations under this Agreement, it is expressly agreed that (A) the Bank shall not hold any ownership or leasehold interest in any Advance America store or any personal property located therein, except for Repayment Checks, Notes (as those terms are defined in Section 2(c) below), and cash reflecting Loan repayments as may be located at such stores from time to time, (B) no Bank employees shall work in any Advance America store, except as provided in Section 2(f), and (C) the Bank shall exercise no authority or control over Advance America’s employees or methods of operation, except as set forth in this agreement.
Appears in 3 contracts
Samples: Marketing and Servicing Agreement, Marketing and Servicing Agreement (Advance America, Cash Advance Centers, Inc.), Marketing and Servicing Agreement (Advance America, Cash Advance Centers, Inc.)
Marketing of Loans. (i) The Bank hereby authorizes Advance America to market and service the Loans and to use the name, and any trade name and logo, of the Bank in connection with such marketing and servicing. Advance America may use letters, print advertisements, the Internet and television and radio commercials for such purposes. All advertising and promotions for the Loans shall appropriately identify the Bank as the lender. Advance America shall submit all advertising materials to the Bank for the Bank’s prior approval, which shall not be unreasonably withheld.
(ii) Advance America shall maintain and operate stores for the purpose of marketing and servicing the Loans.
(iii) In connection with Advance America’s performance of its obligations under this Agreement, it is expressly agreed that (A) the Bank shall not hold any ownership or leasehold interest in any Advance America store or any personal property located therein, except for Repayment Checks, Notes (as those terms are defined in Section 2(c) below), and cash reflecting Loan repayments as may be located at such stores from time to time, (B) no Bank employees shall work in any Advance America store, except as provided in Section 2(f), and (C) the Bank shall exercise no authority or control over Advance America’s employees or methods of operation, except as set forth in this agreementAgreement.
Appears in 2 contracts
Samples: Marketing and Service Agreement (First Community Financial Group Inc), Marketing and Servicing Agreement (First Community Financial Group Inc)