Business Loans. The Borrower warrants and represents that the Loans evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.
Business Loans. The Borrower warrants and represents that the Advances are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.
Business Loans. Maker warrants and represents to Payee and all other holders of this note that all loans evidenced by this note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter One. STERLING CHEMICALS, INC. By:___________________________________ Name:_________________________________ Title:________________________________ EXHIBIT D to Credit Agreement XXXXXXXXX XXXX Xxxxxxx, Xxxxx $__________ ________________, 199_ FOR VALUE RECEIVED, STERLING CHEMICALS, INC. ("Maker"), a Delaware corporation, promises to pay to the order of _________________________________ ("Payee"), a _______________, at the principal office of Texas Commerce Bank National Association, a national banking association, 000 Xxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx, Texas 77002, in immediately available funds and in lawful money of the United States of America, the principal sum of_____________________ ___________________ Dollars ($____________) (or the unpaid balance of all principal advanced against this note, if that amount is less), together with interest on the unpaid principal balance of this note from time to time outstanding at the rate or rates provided in that certain Interest Rate Agreement (as amended, supplemented, restated or replaced from time to time, the "Interest Rate Agreement") attached as Schedule 1 to the Credit Agreement (hereinafter defined); provided, that for the full term of this note the interest rate produced by the aggregate of all sums paid or agreed to be paid to the holder of this note for the use, forbearance or detention of the debt evidenced hereby (including, but not limited to, all interest on this note at the Stated Rate plus the Additional Interest) shall not exceed the Ceiling Rate. Any term defined in the Interest Rate Agreement or in that certain Credit Agreement (as amended, supplemented, restated or replaced from time to time, the "Credit Agreement") dated as of April 13, 1995 among Maker, certain signatory financial institutions named therein, The Bank of Nova Scotia, as Documentation Agent, ABN AMRO Bank, N.V., Houston Agency, Bank of Scotland and Credit Lyonnais, New York Branch, as Co-Agents, and Texas Commerce Bank National Association, as Agent, which is used in this note and which is not otherwise defined in this note shall have the meaning ascribed to it in the Credit Agreement or the Interest Rate Agreement, as the case may be...
Business Loans. Borrower warrants and represents to Lender, and to all other holders of any debt evidenced by the Notes, that the loan evidenced by the Notes are and shall be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use.
Business Loans. Each Credit Party warrants and represents that the Obligations are and shall be for business, commercial, investment or other similar purposes and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter One (“Chapter One”) of the Texas Credit Code. At all such times, if any, as Chapter One shall establish a Maximum Rate, the Maximum Rate shall be the “indicated rate ceiling” (as such term is defined in Chapter One) from time to time in effect.
Business Loans. The Borrower warrants and represents that the Loan and Advances evidenced by the Notes are and shall be for business, commercial, investment, or other similar purposes and not primarily for personal, family, household, or agricultural use, as such terms are used in Chapter 306 of the Texas Finance Code. At all such times, if any, as Chapter 303 of the Texas Finance Code shall establish a Maximum Rate, the Maximum Rate shall be determined in accordance with Chapter 303 of the Texas Finance Code based on the “weekly ceiling” (as such term is defined in Chapter 303 of the Texas Finance Code) from time to time in effect.
Business Loans. The Borrower acknowledges that all of the Loans are business loans and no portion of the proceeds of the Loans will be used for personal, family or household purposes.
Business Loans. Borrower warrants and represents to Lender and all other holders of the Note that all loans evidenced by the Note are and will be for business, commercial, investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in the Texas Finance Code.
Business Loans. Borrower warrants and represents to Administrative Agent and Lenders that all Loans are and will be for business, commercial, Investment or other similar purpose and not primarily for personal, family, household or agricultural use, as such terms are used in Chapter 1D.
Business Loans. Each Borrower warrants and represents that the Credit Extensions evidenced by the Note are and shall be for commercial purposes as provided in Section 306 of the Texas Finance Code. At all such times, if any, as the Texas Finance Code shall establish a Maximum Rate, the Maximum Rate shall be the indicated rate ceiling for the weekly ceiling, as provided in Section 303.003 of the Texas Finance Code, from time to time in effect.
