Examples of Money Transmitter License in a sentence
The Company has not been denied a Money Transmitter License by any Governmental Entity nor has any such Money Transmitter License been revoked, suspended or materially limited.
Without limiting the generality of the foregoing, as of the Closing Date, Purchaser agrees that it will be able to meet the requirements imposed, as of the date hereof, on Dolex Dollar by each state in the United States in which Dolex Dollar has a Money Transmitter License in connection with such state’s issuance of a Money Transmitter License to Dolex Dollar described on Schedule 4.7 or of which Purchaser has actual knowledge.
At the Buyer’s expense, the Company shall promptly apply for or otherwise promptly seek and use its commercially reasonable efforts to promptly obtain all consents, waivers and approvals required with state banking departments or similar agencies in connection with a transfer, surrender or change of control of any Money Transmitter License held by the Company.
Since the Applicable Date, neither the Company nor any of its Subsidiaries has been denied a Money Transmitter License by any Governmental Entity nor has any such Money Transmitter License been revoked, suspended or materially limited.