Common use of Use of Borrowed Funds Clause in Contracts

Use of Borrowed Funds. Trustor hereby represents and --------------------- warrants to Beneficiary that it intends to use the funds it is borrowing from Beneficiary under the terms of the Note primarily for other than personal, family or household purposes.

Appears in 4 contracts

Samples: Inco Homes Corp, Inco Homes Corp, Inco Homes Corp

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