Common use of Business Purposes Clause in Contracts

Business Purposes. The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 185 contracts

Samples: Loan Agreement (Wheeler Real Estate Investment Trust, Inc.), Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Orion Office REIT Inc.)

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Business Purposes. The Loan loan evidenced by the Note is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 22 contracts

Samples: Deed of Trust and Security Agreement, Deed of Trust and Security Agreement (American Assets Trust, Inc.), Deed of Trust and Security Agreement (American Assets Trust, Inc.)

Business Purposes. The Loan is solely for the business purpose of BorrowerXxxxxxxx, and is not for personal, family, household, or agricultural purposes.

Appears in 16 contracts

Samples: Loan Agreement (SITE Centers Corp.), Loan Agreement (Clipper Realty Inc.), Loan Agreement (City Office REIT, Inc.)

Business Purposes. The Loan is solely for the business purpose of Borrower (including distributions to Borrower’s constituent entity and all subsequent upstream distributions), and is not for personal, family, household, or agricultural purposes.

Appears in 6 contracts

Samples: Loan Agreement (MPG Office Trust, Inc.), Loan Agreement (Maguire Properties Inc), Loan Agreement (Maguire Properties Inc)

Business Purposes. The Loan is solely for the business purpose of Borrower (including distributions to Borrower's constituent entity and all subsequent upstream distributions), and is not for personal, family, household, or agricultural purposes.

Appears in 6 contracts

Samples: Mezzanine Loan Agreement (Maguire Properties Inc), Senior Mezzanine Loan Agreement (Maguire Properties Inc), Junior Mezzanine Loan Agreement (Maguire Properties Inc)

Business Purposes. The Loan is solely for the business purpose of Borrowerpurposes, and is not for personal, family, household, or agricultural purposes.

Appears in 5 contracts

Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc), Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

Business Purposes. The Loan is solely for the business purpose purposes of BorrowerBorrowers, and is not for personal, family, household, or agricultural purposes.

Appears in 3 contracts

Samples: Credit Agreement (FelCor Lodging Trust Inc), Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Extra Space Storage Inc.)

Business Purposes. The Loan is solely for the business purpose purposes of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 2 contracts

Samples: Loan Agreement (Reading International Inc), Loan Agreement (Extra Space Storage Inc.)

Business Purposes. The Loan is solely for the business purpose of Borrowercarrying on or acquiring a business of Borrower and Land (Parking) Owner including the development, ownership, management, etc. of an apartment community or project, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

Business Purposes. The Loan is solely for the business purpose of BorrowerBorrower and its Affiliates, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Gaia, Inc)

Business Purposes. The Loan is solely for the business purpose of the Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Dupont Fabros Technology, Inc.)

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Business Purposes. The Loan is solely for the business purpose ----------------- of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Deed of Trust and Security Agreement (Archon Corp)

Business Purposes. The Loan is solely for the business purpose of each Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Business Purposes. The Loan is solely for the business ----------------- purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Variable Interest Rate Deed of Trust (Kilroy Realty Corp)

Business Purposes. The Loan is solely for the business purpose of BorrowerBorrowers, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

Business Purposes. The Loan is solely for the business purpose of Individual Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

Business Purposes. The Loan is solely for the general business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (GMH Communities Trust)

Business Purposes. The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.. 00000000.0.XXXXXXXX

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Ashford Hospitality Trust Inc)

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