Common use of Commercial Accounts Clause in Contracts

Commercial Accounts. Commercial accounts (including accounts of a small business) include those established by a sole proprietor, joint venture, partnership, corporation, association, limited liability company, limited liability partnership, business trust, governmental unit, or other entity. Commercial accounts also include those established primarily for religious, philanthropic, charitable, educational, fraternal or similar purposes and not operated for a profit. Commercial accounts do not include accounts established by one or more natural persons opening the account primarily for personal, family or household purposes.

Commercial Accounts. Commercial accounts (including accounts of a small business) include those established by a sole proprietor, joint venture, partnership, corporation, association, limited liability company, limited liability partnership, business trust, governmental unit, or other entity. Commercial accounts also include those established primarily for religious, philanthropic, charitable, educational, fraternal or similar purposes and not operated for a profitprofit. Commercial accounts do not include accounts established by one or more natural persons opening the account primarily for personal, family or household purposes.