Business Loan. The Borrower hereby represents that: (a) the proceeds of the Loan will be used for business purposes as set forth in the Construction Loan Agreement and (b) the proceeds of the purchase of this Note will not be used for the purchase of registered equity securities within the purview of Regulation “U” issued by the Board of Governors of the Federal Reserve System.
Appears in 3 contracts
Samples: Prime Group Realty Trust, Prime Group Realty Trust, Prime Group Realty Trust
Business Loan. The Borrower hereby represents that: (a) the proceeds of the Loan will be used for business purposes as set forth in the Construction construction Loan Agreement and (b) the proceeds of the purchase of this Note will not be used for the purchase of registered equity securities within the purview of Regulation “U” issued by the Board of Governors of the Federal Reserve System.
Appears in 1 contract
Samples: Prime Group Realty Trust
