Common use of Use of the Collateral Clause in Contracts

Use of the Collateral. The Collateral will not be used for personal, family, household or farming use. The Collateral shall be used solely for the purposes of the City Purpose Covenant and as otherwise authorized by the Funding Agreement.

Appears in 6 contracts

Samples: Security Agreement, Security Agreement, City Purpose Security Agreement

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Use of the Collateral. The Collateral will not be used for personal, family, household or farming use. The Collateral shall be used solely only for the purposes of set forth in the City Purpose Covenant and as otherwise authorized by the Funding Agreement.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement

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