Common use of Private and Commercial Acts Clause in Contracts

Private and Commercial Acts. Its execution of this Loan Agreement constitutes, and its exercise of its rights and performance of its obligations hereunder will constitute, private and commercial acts done and performed for private and commercial purposes.

Appears in 2 contracts

Samples: Term Loan Agreement, Term Loan Agreement

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Private and Commercial Acts. Its execution The execution, delivery and performance by each Borrower and each Subsidiary of this Agreement and the other Loan Agreement constitutesDocuments constitute, and its the respective exercise of its rights and performance of its obligations hereunder hereunder, will constitute, private and commercial acts done and performed for private and commercial purposes.

Appears in 2 contracts

Samples: Credit Agreement (Allied Motion Technologies Inc), Credit Agreement (Allied Motion Technologies Inc)

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