Commercial Loan. Borrower warrants that the Loan evidenced by this Note is being made solely to acquire or carry on a business or commercial enterprise, and/or Borrower is a business or commercial organization. Borrower further warrants that all of the proceeds of this Note shall be used for commercial purposes and stipulates that the Loan evidenced by this Note shall be construed for all purposes as a commercial loan, and is made for other than personal, family or household purposes.
Appears in 5 contracts
Samples: Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.), Promissory Note (Cole Credit Property Trust III, Inc.)
Commercial Loan. Borrower warrants that the Loan loan evidenced by this Note is being made solely to acquire or carry on a business or commercial enterprise, and/or Borrower is a business or commercial organization. Borrower further warrants that all of the proceeds of this the Note shall be used for commercial purposes and stipulates that the Loan loan evidenced by this the Note shall be construed for all purposes as a commercial loan, and is made for other than personal, family or household purposes.
Appears in 1 contract
Samples: Modification Agreement (Manufactured Home Communities Inc)
Commercial Loan. Borrower warrants that the Loan loan evidenced by this Note is being made solely to acquire or carry on a business or commercial enterprise, and/or Borrower is a business or commercial organization. Borrower further warrants that all of the proceeds of this Note shall be used for commercial purposes and stipulates that the Loan loan evidenced by this Note shall be construed for all purposes as a commercial loan, and is made for other than personal, family or household purposes.
Appears in 1 contract
Samples: Mortgage and Security Agreement (KBS Real Estate Investment Trust, Inc.)
