Common use of Business Loans Clause in Contracts

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 19 contracts

Samples: Credit Agreement (Alta Mesa Energy LLC), Credit Agreement (Continental Resources Inc), Credit Agreement (Resaca Exploitation, Inc.)

AutoNDA by SimpleDocs

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 13 contracts

Samples: Credit Agreement (Alta Mesa Holdings, LP), Credit Agreement (Alta Mesa Holdings, LP), Credit Agreement (Callon Petroleum Co)

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 6 contracts

Samples: Credit Agreement (Landcare Usa Inc), Credit Agreement (Advance Paradigm Inc), Credit Agreement (Homeusa Inc)

Business Loans. The Borrower warrants and represents that the Loans Advances evidenced by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 6 contracts

Samples: Credit Agreement (Arkansas Best Corp /De/), Security Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/)

Business Loans. The Each Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 4 contracts

Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Mariner Energy Inc)

Business Loans. The Each Borrower warrants and represents that the Loans evidenced by the Notes Obligations are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 4 contracts

Samples: Credit Agreement (Complete Production Services, Inc.), Credit Agreement (Complete Production Services, Inc.), Credit Agreement (Complete Production Services, Inc.)

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes Obligations are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 4 contracts

Samples: Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Rowan Companies Inc)

Business Loans. The Borrower warrants and represents that the Loans evidenced Xxxxx xxxxxxxxd by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 2 contracts

Samples: Credit Agreement (Metals Usa Inc), Credit Agreement (Metals Usa Inc)

Business Loans. The Borrower warrants and represents that the Loans Obligations evidenced by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 2 contracts

Samples: Credit Agreement (Flotek Industries Inc/Cn/), Credit Agreement (Flotek Industries Inc/Cn/)

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.. Section 9.12

Appears in 1 contract

Samples: Credit Agreement (ReoStar Energy CORP)

AutoNDA by SimpleDocs

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One (“Chapter One”"CHAPTER ONE") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 1 contract

Samples: Credit Agreement (Transportation Components Inc)

Business Loans. The Borrower warrants and represents that the Loans Loan and Advances evidenced by the Notes Note are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 1 contract

Samples: Loan Agreement (GMX Resources Inc)

Business Loans. The Borrower warrants and represents that the Loans evidenced Xxxxx xxxxxxxed by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One ("Chapter One") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 1 contract

Samples: Credit Agreement (Transportation Components Inc)

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One (“Chapter One”"CHAPTER ONE") of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the "indicated rate ceiling" (as such term is defined in Chapter One) from time to time in effect.

Appears in 1 contract

Samples: Credit Agreement (Metals Usa Inc)

Business Loans. The Borrower warrants and represents that the Loans Obligations evidenced by the Notes hereunder are and shall be for business, commercial, investment, investment or other similar purposes and not primarily for personal, family, household, household or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Drilling Co)

Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!