Common use of Business Loan Clause in Contracts

Business Loan. The Loan is solely for business and/or investment purposes, and is not intended for personal, family, household or agricultural purposes. Borrower warrants that the proceeds of the Loan shall be used for commercial purposes and stipulates that the Loan shall be construed for all purposes as a commercial loan.

Appears in 3 contracts

Samples: Facility Loan Program Agreement and Security Agreement (Seven Hills Realty Trust), Real Estate Term Loan Agreement (Alexander & Baldwin, Inc.), Term Loan Agreement (Alexander & Baldwin, Inc.)

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Business Loan. The Loan is intended solely for business and/or investment purposes, and is not intended for personal, family, household or agricultural purposes. Borrower warrants that the no proceeds of the Loan shall be used for commercial purposes and stipulates that the Loan shall be construed for all purposes as a commercial loanpersonal, family or household purposes.

Appears in 1 contract

Samples: Loan Agreement (Sunworks, Inc.)

Business Loan. The Loan is solely for business and/or investment purposes, and is not intended for personal, family, household or agricultural purposes. Borrower warrants that the proceeds of the Loan Note shall be used for commercial purposes and stipulates that the Loan shall be construed for all purposes as a commercial loan.

Appears in 1 contract

Samples: Promissory Note (S&W Seed Co)

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Business Loan. The Loan is solely for business and/or investment purposes, and is not intended for personal, family, household or agricultural purposes. The Borrower warrants that the proceeds of the Loan shall be used for commercial purposes and stipulates that the Loan shall be construed for all purposes as a commercial loan.

Appears in 1 contract

Samples: Loan Agreement (IMH Financial Corp)

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