MOU Covered Person definition

MOU Covered Person means any person (including any individual, partnership, corporation, trust, estate, cooperative, association, or other entity) who offers or provides Consumer Financial Products or Services, other than a bank, thrift, federal credit union, or other person excluded from the FTC’s jurisdiction under the FTC Act. An MOU Covered Person includes any affiliate of such person other than a bank, thrift, federal credit union, or other person excluded from the FTC’s jurisdiction under the FTC Act, that is a service provider for any individual or entity that is itself an MOU Covered Person.
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Examples of MOU Covered Person in a sentence

  • Subject to the obligations of Section XI upon written request by the FTC to the CFBP’s General Counsel, and pursuant to 12 C.F.R. § 1070.43(a), the CFPB shall provide the FTC with an examination report, including a revised examination report, pertaining to any MOU Covered Person subject to the FTC’s jurisdiction.

  • Upon written request by the FTC to the CFPB’s General Counsel, and pursuant to CFPB regulation 12 C.F.R. § 1070.43(b) and the CFPB’s other policies and procedures, the CFPB will provide the FTC with Confidential Supervisory Information pertaining to any MOU Covered Person subject to the FTC’s jurisdiction unless it has good cause not to do so and explains to FTC staff why it will not provide the information.

  • If a state provides a party with a notice required by the Omnibus Appropriations Act of 2009 that the state intends to file an action against an MOU Covered Person for violating the Mortgage Assistance Relief Services Rule, 12 C.F.R. Part 1015, or the Mortgage Acts and Practices – Advertising Rule, 12 C.F.R. Part 1014, the party who receives the notice shall forward it to the other party as soon as practicable.

  • The agencies will not initiate court actions or administrative proceedings against the same MOU Covered Person regarding violations of MOU Consumer Financial Laws in connection with offering or providing Consumer Financial Products or Services arising from the same conduct, except in unusual circumstances and after consultation between the agencies.

  • The agencies shall notify each other prior to issuing a no action letter, warning letter, closing letter, or similar document that declines to take or defers action against an MOU Covered Person involving an MOU Consumer Financial Law, provided that no notice shall be required if an agency sends a closing letter solely for the administrative purpose of informing the MOU Covered Person that the agency has closed an investigation.

  • If a state provides a party with a notice required by the Omnibus Appropriations Act of 2009 that the state intends to file an action against an MOU Covered Person for violating the Mortgage Assistance Relief Services Rule, 12 C.F.R. Part 1015, or the Mortgage Acts and Practices- Advertising Rule, 12 C.F.R. Part 1014, the party who receives the notice shall forward it to the other party as soon as practicable.

Related to MOU Covered Person

  • Covered Person means: (a) any officer, director, shareholder, partner, member, representative, employee or agent of (i) the Trust or (ii) the Trust's Affiliates; and (b) any Holder of Securities.

  • Issuer Covered Person shall have the meaning ascribed to such term in Section 3.1(oo).

  • Covered Persons has the meaning set forth in Section 20(a).

  • Injured Person under this section means a Member covered by the EOC who sustains an injury or illness and any spouse, dependent or other person or entity that may recover on behalf of such Member including the estate of the Member and, if the Member is a minor, the guardian or parent of the Member. When referred to in this section, "KFHPWA's Medical Expenses" means the expenses incurred and the value of the benefits provided by KFHPWA under this EOC for the care or treatment of the injury or illness sustained by the Injured Person.

  • Insured Person s year” means a year from the date of commencement of the insured person’s policy, or from the anniversary date of the commencement of the insured person.

  • Covered Personnel means any Person who is or was an employee, consultant or independent contractor of the Covered Parties as of the date of the relevant act prohibited by this Section 2(a) or during the one (1) year period preceding such date.

  • Insured Persons means one or more natural persons who were, now are, or shall hereafter be duly elected or appointed directors, trustees, officers, employees, committee members or volunteers of the Insured Organization, or, with respect to a Subsidiary operating outside the United States, their functional equivalent, regardless of title. It also means one or more natural persons who were, now are, or shall hereafter be duly elected or appointed directors, trustees, officers, employees, committee members or volunteers of any Property Manager, but only if

  • Company Covered Person means, with respect to the Company as an “issuer” for purposes of Rule 506 promulgated under the Securities Act, any Person listed in the first paragraph of Rule 506(d)(1).

  • Liquidity Indemnitee means the Liquidity Provider, its directors, officers, employees and agents, and its successors and permitted assigns.

  • Director or officer means any of the following:

  • Company Indemnitee has the meaning set forth in Section 7.2(b).

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Released Person means any person who is released on bail or on his personal bond, as the case may be;

  • Insured Member means a member insured under this subdivision.

  • Unlicensed person means any person who is not a licensed dealer under this chapter.

  • Disinterested Person means a director who has not, during the period that person is a member of the Committee and for one year prior to commencing service as a member of the Committee, been granted or awarded equity securities pursuant to this Plan or any other plan of the Company or any Parent, Subsidiary or Affiliate of the Company, except in accordance with the requirements set forth in Rule 16b-3(c)(2)(i) (and any successor regulation thereto) as promulgated by the SEC under Section 16(b) of the Exchange Act, as such rule is amended from time to time and as interpreted by the SEC.

  • leprosy cured person means a person who has been cured of leprosy but is suffering from—

  • Fiduciary Indemnified Person means each of the Institutional Trustee (including in its individual capacity), the Delaware Trustee (including in its individual capacity), any Affiliate of the Institutional Trustee or the Delaware Trustee, and any officers, directors, shareholders, members, partners, employees, representatives, custodians, nominees or agents of the Institutional Trustee or the Delaware Trustee.

  • Company Indemnified Person means (a) any Administrator; (b) any Affiliate of any Administrator; (c) any officers, directors, shareholders, members, partners, employees, representatives or agents of any Administrator; or (d) any officer, employee or agent of the Trust or its Affiliates.

  • Covered Party has the meaning assigned to it in Section 9.21.

  • Exculpated Party means, collectively, and in each case in its capacity as such: (a) the Debtors;

  • Indemnified Person has the meaning set forth in Section 11.3.

  • Exposed person means any person wholly or partially in a danger zone;

  • Licensed person means an individual who is licensed or otherwise legally authorized to practice a professional service by a court, department, board, commission, or an agency of this state or another jurisdiction, any corporation or professional services corporation all of whose shareholders are licensed persons, any partnership all of whose partners are licensed persons, or any limited liability company all of whose members and managers are licensed persons.

  • Covered position means a position in which the employee must be a member of the retirement

  • Child or covered child means a child (natural, step-child, legally adopted or a minor or disabled child who is dependent on the insured for support and maintenance) who is born to or brought to a marriage or to a civil union established according to Vermont law.