Prohibited Fees. Other than a fixed interest rate of 1.0% on the covered loan, Lender is not permitted to charge or receive any bonus, fee, prepayment penalty, commission or other payment or benefit from a borrower in connection with the making or servicing of any covered loan under the Paycheck Protection Program.
Prohibited Fees. A representation fee shall not be used for matters not permitted by law. If the Association shall materially violate this provision, the employer shall have the right, on thirty (30) days written notice to the Association, to terminate any further deductions.
Prohibited Fees. Lender must not require certificates of deposit or compensating balances and must not directly or indirectly charge or receive any bonus, fee, commission or other payment or benefit in connection with making or servicing any loan, except as permitted under the Loan Program Requirements. In addition, Lender must not require the Applicant to pay the Lender, a Lender’s Associate, or any party designated by either, any fees or charges for goods or services, including insurance, as a condition for obtaining an SBA-guaranteed loan.
Prohibited Fees. The charging or collection of any fee under this section that is not in accordance with the fee system established under subparagraph (B)(iv) of this paragraph shall be deemed to be a burden on interstate commerce. The MCA applies to entities engaged in interstate commerce only to the extent it is consistent with federal law. MCL 476.12. MCL 478.2(2) provides, in pertinent part, "A motor carrier licensed in this state shall pay an annual fee of $100.00 for each vehicle operated by the motor carrier which is registered in this state and operating entirely in interstate commerce."3 3 The subsection also provides that the fee is only $50 if the motor carrier begins operations after June 30th of the year. The other provisions in the subsection are not at issue in this appeal. Plaintiffs contend that the interstate fee was preempted both before and after the implementation of the Single State Registration System (SSRS) on January 1, 1994. With the implementation of the SSRS, § 11506 was amended and significant language changes were made. We will first address plaintiffs' preemption argument regarding § 11506 after January 1, 1994. However, before we do so, an understanding of the evolution of this federal law is helpful. The United States Supreme Court has summarized this evolution in Yellow Transportation, Inc v Michigan, 537 US , ; 123 S Ct 371, 374-375; 154 L Ed 2d 377, 383-384 (2002): Beginning in 1965, Congress authorized States to require interstate motor carriers operating within their borders to register with the State proof of their Interstate Commerce Commission (ICC) interstate operating permits. Pub L 89- 170, 79 Stat 648, 49 USC § 302(b)(2) (1970 ed). Congress provided that state registration requirements would not constitute an undue burden on interstate commerce so long as they were consistent with regulations promulgated by the ICC. Ibid. Prior to 1994, the ICC allowed States to charge interstate motor carriers annual registration fees of up to $10 per vehicle. See 49 CFR § 1023.33 (1992). As proof of registration, participating States would issue a stamp for each of the carrier's vehicles. § 1023.32. The stamp was affixed on a "uniform identification cab car[d]" carried in each vehicle, within the square bearing the name of the issuing State. § 1023.32(d)-(e). This system came to be known as the "bingo card" system. Single-State Insurance Registration, 9 ICC2d 610, 610 (1993). The "bingo card" regime proved unsatisfactory to many who felt that ...
Prohibited Fees. A representation fee shall not include any amount which is intended, or is used directly or indirectly for political activities, or for engaging in or supporting a "strike" as defined by this Agreement or by law, or for any illegal activity. If the Association shall materially violate this provision, the Employer shall have the right, on thirty (30) days written notice to the Association, to terminate any further deductions.
Prohibited Fees. Lender must not require certificates of deposit or compensating balances and must not directly or indirectly charge or receive any bonus, fee, commission or other payment or benefit in connection with making or servicing any loan, except as permitted under the CA Loan Program Requirements.
Prohibited Fees. Prohibited fees include:
Prohibited Fees. Unless the Company’s management provides the ISO with express written authorization indicating otherwise, the ISO is prohibited from charging any fee to a merchant or collecting any payment from a merchant for introducing the merchant to the Company or for the procurement of an MCA Contract between a merchant and the Company. The ISO agrees that unless the Company’s management provides the ISO with express written authorization indicating otherwise, the ISO will be compensated only by the Company for introducing a merchant to the Company.
