Engage in the business definition

Engage in the business means the dissemination to the public, or any part of the public, by means of written, printed, or electronic communication or any communication by means of recorded telephone messages or spoken on radio, television, or similar communications media, of any information relating to the making of residential mortgage loans, the servicing of residential mortgage loans, or both. “Engage in the business” also means, without limitation, making residential mortgage loans or servicing residential mortgage loans, or both.
Engage in the business means conducting activities regulated under this chapter more than ten times in any calendar year for compensation or in the expectation of compensation. For purposes of this paragraph, "compensation" means any fee, commission or other benefit.
Engage in the business means, without limitation, servicing student loans.

Examples of Engage in the business in a sentence

  • Engage in the business of collecting, transporting, processing, or disposing of refuse within the city without a contract with the city, or possessing a city solid waste hauler permit.

  • Engage in the business of collecting, transporting, processing or disposing of refuse within the city without a contract therefor with the city or a valid permit therefor.

  • Engage in the business of underwriting securities issued by others.

  • Compliance with Laws and Court Orders......................................18 Section 4.12.

  • Engage in the business conducted by the Borrower and its Subsidiaries as of the Closing Date or any other business reasonably related to the foregoing.


More Definitions of Engage in the business

Engage in the business means that the person engages in the business for the purpose of compensation or profit;
Engage in the business means conducting activities regulated under this chapter for compensation or in the expectation of compensation. For purposes of this paragraph, ‘compensation’ means a fee, commission, or other benefit.
Engage in the business means conducting activities regulated under this chapter more than ten times in any calendar year for compensation or in the expectation of compensation. For purposes of this paragraph, “compensation” means any fee, commission or other benefit.
Engage in the business means the dissemination to the public, or any
Engage in the business means to engage for compensation more than 10 times in any twelve consecutive months in activities regulated under this [Act].
Engage in the business also means, without limitation, making residential mortgage loans or servicing residential mortgage loans, or both.
Engage in the business has the meaning set forth in Section 5.10(b).