Common use of Use of Collateral Clause in Contracts

Use of Collateral. Debtor represents, warrants and covenants that the Collateral will be used by the Debtor primarily for business use.

Appears in 4 contracts

Samples: Commercial Security Agreement (Visual Numerics Inc), Commercial Security Agreement (Visual Numerics Inc), Commercial Security Agreement (Visual Numerics Inc)

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Use of Collateral. Debtor represents, warrants and covenants that the Collateral will be used by the Debtor primarily for business use, unless otherwise specified as follows: ______ Personal, family or household purposes; ______ Farming operations.

Appears in 4 contracts

Samples: Security Agreement (Wireless International Inc), Wireless International Inc, Wireless International Inc

Use of Collateral. Debtor represents, warrants and covenants that the Collateral will be used by the Debtor primarily for business usepurposes.

Appears in 2 contracts

Samples: Security Agreement (Catalyst Energy Services Inc), Loan Agreement (Catalyst Energy Services Inc)

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Use of Collateral. Debtor represents, warrants and covenants that the Collateral will be used by the Debtor primarily for business usebusiness, commercial, or other similar purposes.

Appears in 1 contract

Samples: Loan Agreement (WORTHPOINT Corp)

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