Retail Based definition

Retail Based means originated and funded by loans by employees or independent contractors acting in the name and on behalf of the lender directly to consumers. It does not include other methods of originating loans using third parties, such as mortgage brokers or loan correspondents.
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Retail Based means originated and funded by employees or independent contractors acting in the name and on behalf of the lender directly to consumers. It does not include other methods of originating loans using third parties, such as mortgage brokers or loan correspondents.
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Examples of Retail Based in a sentence

  • Prescription Drug Coverage Employees who are covered under either the PPO or HMO plan will receive prescription drug coverage according to the following schedule: Retail Based on a 30-day supply Co-payment Generic $10.00 Formulary $30.00 Non-Formulary $50.00 Specialty $100.00 Employees may obtain up to a 90-day supply of maintenance drugs.

  • As of the date hereof, each Loan Party hereby acknowledges and confirms that it has no actual knowledge of any actions, causes of action, claims, demands, damages or liabilities of whatever kind or nature, in law or in equity, against any of the Lender Group arising from any action by such Persons or failure of such Persons to act under the Loan Documents on or prior to the date hereof.

  • Employees who are covered under either the PPO or HMO plan will receive prescription drug coverage according to the following schedule: Retail Based on a 30-day supply.