Common use of Business Loan Clause in Contracts

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 36 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.)

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Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 14 contracts

Samples: Mezzanine Loan Agreement (Brookfield DTLA Fund Office Trust Investor Inc.), Building Loan Agreement (IMH Financial Corp), Loan Agreement (Hines Global Reit Ii, Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business businesses of Borrower Borrowers and none of the proceeds of the Loan will be used for the personal, family family, household or agricultural purposes of the any Borrower.

Appears in 4 contracts

Samples: Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc), Loan Agreement (Stratus Properties Inc)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrowerwhatsoever.

Appears in 3 contracts

Samples: Loan Agreement (Strategic Hotels & Resorts, Inc), Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Strategic Hotels & Resorts, Inc)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of the Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 3 contracts

Samples: Construction Loan Agreement, Construction Loan Agreement (Global Growth Trust, Inc.), Construction Loan Agreement (Global Growth Trust, Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of Borrower. No portion of the BorrowerProperty is used or will be used as a dwelling.

Appears in 2 contracts

Samples: Building Loan Agreement, Building Loan Agreement (Global Growth Trust, Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrowerwhatsoever.

Appears in 2 contracts

Samples: Loan Agreement (Ryman Hospitality Properties, Inc.), Loan Agreement (Taubman Centers Inc)

Business Loan. The Loan is Loans are a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan Loans will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Consonus Technologies, Inc.), Credit Agreement (Consonus Technologies, Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower Borrowers and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the any Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (DC Industrial Liquidating Trust)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family family, household or agricultural purposes of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Industrial Income Trust Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower Borrowers and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrowerany kind whatsoever.

Appears in 1 contract

Samples: Loan Agreement (Hudson Pacific Properties, Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount ------------- solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 1 contract

Samples: Construction Loan Agreement (Americredit Corp)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.whatsoever. Loan No. 1013507

Appears in 1 contract

Samples: Loan Agreement (Chesapeake Lodging Trust)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan have been or will be used for the personal, family or agricultural purposes of Borrower. No portion of the BorrowerProperties is used or will be used as a dwelling.

Appears in 1 contract

Samples: Loan Agreement (Sb Partners)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be are being used for the personal, family or agricultural purposes of the Borrowerwhatsoever.

Appears in 1 contract

Samples: Term Loan Agreement (Invesco Real Estate Income Trust Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of acquiring and financing the Property and carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrowerpurposes.

Appears in 1 contract

Samples: Loan Agreement (Douglas Emmett Inc)

Business Loan. The Loan is a Loans are business loan transaction transactions in the stated amount amounts solely for the purpose of carrying on the business businesses of Borrower Borrowers and none of the proceeds of the Loan Loans will be used for the personal, family family, household or agricultural purposes of the any Borrower.

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

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Business Loan. The Loan is a business loan transaction in the stated amount Loan Amount solely for the purpose of carrying on the business businesses of Borrower Borrower, and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower. LOAN AGREEMENT New Private Restaurant Properties, LLCObligor No.: 7829920036 CHAR1\1443108v12 20

Appears in 1 contract

Samples: Loan Agreement (Bloomin' Brands, Inc.)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower. No portion of the Property is used or will be used as a dwelling.

Appears in 1 contract

Samples: Loan Agreement (Howard Hughes Corp)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, personal or family or agricultural purposes of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Maui Land & Pineapple Co Inc)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family family, household or agricultural purposes of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Stratus Properties Inc)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of the Borrower and its affiliates and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (VivoPower International PLC)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.

Appears in 1 contract

Samples: Loan Agreement (Gavella Corp)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the BorrowerBorrower and/or Owner.

Appears in 1 contract

Samples: Revolving Loan Agreement (Columbia Equity Trust, Inc.)

Business Loan. The Loan is a business loan transaction in the stated -------------- amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower. ARTICLE 7.

Appears in 1 contract

Samples: Construction Loan Agreement (Pizza Inn Inc /Mo/)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes of the Borrower.. Loan No. 105093

Appears in 1 contract

Samples: Loan Agreement (Sunrise Senior Living Inc)

Business Loan. The Loan is a business loan transaction in the stated amount solely for the purpose of carrying on the business of Borrower and none of the proceeds of the Loan will be used for the personal, family or agricultural purposes whatsoever. No portion of the BorrowerProperty is used or will be used as a dwelling.

Appears in 1 contract

Samples: Construction Loan Agreement (Imax Corp)

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