Commercial Purpose of Loan. The purpose of the Loan is a commercial business purpose and not a personal, family, or household purpose. No portion of the Collateral is being used by Borrower or any other Person for any personal, family or household purposes.
Appears in 5 contracts
Samples: Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Lodging Fund REIT III, Inc.), Loan Agreement (Condor Hospitality Trust, Inc.)
Commercial Purpose of Loan. The purpose of the Loan is a commercial business purpose and not a personal, family, or household purpose. No portion of the Collateral Loan is being used by Borrower or any other Person for any personal, family or household purposes.. β
Appears in 1 contract
Samples: Lodging Fund REIT III, Inc.
