Common use of Business Loan Clause in Contracts

Business Loan. The (i) Loans constitute business loans ------------- transaction and (ii) proceeds of such Loans are to be utilized solely for the purpose of carrying on the business of Trustor.

Appears in 2 contracts

Samples: Mikohn Gaming Corp, Mikohn Gaming Corp

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Business Loan. The (i) Loans constitute a business loans ------------- loan transaction and (ii) proceeds of such Loans are to be utilized solely for the purpose of carrying on the business of TrustorMortgagor.

Appears in 2 contracts

Samples: General Housing Inc, General Housing Inc

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Business Loan. The (i) Loans constitute a business loans loan ------------- transaction and (ii) proceeds of such Loans are to be utilized solely for the purpose of carrying on the business of TrustorMortgagor.

Appears in 1 contract

Samples: Rents and Security Agreement (Mikohn Gaming Corp)

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