Common use of General Purpose of Loan Clause in Contracts

General Purpose of Loan. Maker warrants and represents to Payee, all other Holders and the Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in the Texas Finance Code.

Appears in 8 contracts

Samples: Senior Credit Note (Homebanc Corp), Senior Credit Note (Homebanc Corp), Senior Credit Note (Homebanc Corp)

AutoNDA by SimpleDocs

General Purpose of Loan. Maker warrants and represents to Payee, all other Holders and the Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in the Texas Finance Code.. HOMEBANC MORTGAGE CORPORATION, as maker By: Name: Title: 12/03 [Lender’s name] Senior Credit Note $80,000,000 Houston, Texas December 3, 2003

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Homebanc Corp)

General Purpose of Loan. Maker warrants Makers warrant and represents represent to Payee, Payee and all other Holders and the Agent that all loans Loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter 1D of Title 79, Texas Rev. Civ. Stats. 1925, as amended, or in the Texas Finance Code.

Appears in 1 contract

Samples: Temporary Additional Warehouse Note (Firstcity Financial Corp)

AutoNDA by SimpleDocs

General Purpose of Loan. Maker warrants and represents to Payee, all other Holders and the Agent that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter 1D or in the Texas Finance Code.. LONG BEACH MORTGAGE COMPANY, as maker By: Name: Title: 108 ANNEX 1 to $50,000,000 Long Beach Mortgage Company 4/98 Swing Line Note LOANS AND PAYMENTS OF PRINCIPAL AND INTEREST

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Long Beach Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!