Common use of SETTLEMENT TERMS AND CONDITIONS Clause in Contracts

SETTLEMENT TERMS AND CONDITIONS. The Licensee is willing to resolve the violations cited herein by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598 on such violations. Therefore, in consideration of the promises and covenants set forth herein, the Settling Parties agree, as follows: 1. The Licensee agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, and supervisory requirements relating to its mortgage business. 2. The Licensee agrees to pay a fine of $5,000 payable upon execution of this Agreement. 3. The Licensee further agrees that such payment will be made in immediately available funds in accordance with the Department’s payment instructions.

SETTLEMENT TERMS AND CONDITIONS. The Licensee is willing to resolve the violations violation cited herein by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598 on such violations. Therefore, in consideration of the promises and covenants set forth herein, the Settling Parties agree, as follows: 1. The Licensee agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, and supervisory requirements relating to its mortgage business. 2. The Licensee agrees to pay a fine in the amount of $5,000 payable 10,000 upon the execution of this Agreement. 3. The Licensee further agrees that such payment will be made in immediately available funds in accordance with the Department’s payment instructions. 4. Licensee agrees to file the 2020 VOOR no later than October 15, 2021.

SETTLEMENT TERMS AND CONDITIONS. The Licensee is willing to resolve the violations cited herein by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598 on such violations. Therefore, in consideration of the promises and covenants set forth herein, the Settling Parties agree, as follows: 1. The Licensee agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, and supervisory requirements relating to its mortgage business. 2. The Licensee agrees to pay a fine of $5,000 payable upon execution of this Agreement. 35,000. The Licensee further agrees that such payment will be made in immediately available funds in accordance with the Department’s payment instructions.

SETTLEMENT TERMS AND CONDITIONS. The Licensee is willing to resolve the violations violation cited herein by entering into this Agreement and freely and voluntarily waives its right to a hearing under Banking Law Sections 44 and 598 on such violations. Therefore, in consideration of the promises and covenants set forth herein, the Settling Parties agree, as follows: 1. The Licensee agrees to take all necessary steps to ensure its compliance with all applicable federal and state laws, regulations, and supervisory requirements relating to its mortgage business. 2. The Licensee agrees to pay a fine in the amount of $5,000 payable 10,000 upon the execution of this Agreement. 3. The Licensee further agrees that such payment will be made in immediately available funds in accordance with the Department’s Department payment instructions. 4. Licensee agrees to file the 2014 VOOR no later than October 30, 2015.