Commercial Loan. Borrower acknowledges and warrants that this Note evidences a "commercial loan" and that the proceeds of the Note will be used for the sole purpose of carrying on a business or commercial enterprise and not for personal, family, household or agricultural purposes.
Appears in 6 contracts
Samples: Loan Agreement, Revolving Credit Loan Agreement (SPYR, Inc.), Credit Loan Agreement (Kestrel Energy Inc)
Commercial Loan. Borrower acknowledges and warrants that this Note evidences a "commercial loan" and that the proceeds of the Note will be used for the sole purpose of carrying on a supplying the working capital required for Borrower's business or commercial enterprise and not for personal, family, household or agricultural purposes.
Appears in 1 contract
Samples: Revolving Credit Loan Agreement (Nevtah Capital Management Corp)
