Common use of Revocation of License Clause in Contracts

Revocation of License. To the extent the Respondent engages in similar activity that was the basis for this Agreement, Respondent affirmatively consents to the immediate revocation of any impacted mortgage loan originator license. Respondent further agrees to waive his or her right to a hearing, and to any reconsideration, appeal, or other rights which may be afforded to contest the revocation of the impacted mortgage loan originator license under this provision.

Appears in 322 contracts

Samples: Settlement Agreement and Consent Order, Settlement Agreement and Consent Order, Settlement Agreement and Consent Order

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