Common use of Commercial Transaction Clause in Contracts

Commercial Transaction. The Borrower represents, warrants and acknowledges that the transaction of which this Agreement is a part is a commercial transaction and not a consumer transaction. Monies now or in the future to be advanced to or on behalf of the Borrower are not and will not be used for personal, family or household purposes.

Appears in 2 contracts

Samples: Senior Revolver Loan Agreement (Empire Petroleum Corp), Revolver Loan Agreement (Viking Energy Group, Inc.)

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Commercial Transaction. The Borrower representsBorrowers represent, warrants warrant and acknowledges acknowledge that the transaction of which this Agreement is a part is a commercial transaction and not a consumer transaction. Monies now or in the future to be advanced to or on behalf of the Borrower Borrowers are not and will not be used for personal, family or household purposes.

Appears in 2 contracts

Samples: Revolver Loan Agreement (Energy 11, L.P.), Revolver Loan Agreement (Energy Resources 12, L.P.)

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Commercial Transaction. The Borrower representsBorrowers represent, warrants warrant and acknowledges acknowledge that the transaction of which this Agreement is a part is a commercial transaction and not a consumer transaction. Monies now or in the future to be advanced to or on behalf of the Borrower Borrowers are not and will not be used for personal, family or household purposes.

Appears in 1 contract

Samples: Revolver Loan Agreement (Empire Petroleum Corp)

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