Common use of Business Purposes Clause in Contracts

Business Purposes. The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 183 contracts

Samples: Loan Agreement (Retail Value Inc.), Loan Agreement (Independence Realty Trust, Inc), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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Business Purposes. The Loan loan evidenced by the Note is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 21 contracts

Samples: Non Disturbance and Attornment Agreement (American Assets Trust, Inc.), Deed of Trust and Security Agreement (American Assets Trust, Inc.), Disturbance and Attornment Agreement (American Assets Trust, Inc.)

Business Purposes. The Loan is solely for the business purpose of BorrowerXxxxxxxx, and is not for personal, family, household, or agricultural purposes.

Appears in 11 contracts

Samples: Loan Agreement, Loan Agreement (City Office REIT, Inc.), Loan Agreement (City Office REIT, Inc.)

Business Purposes. The Loan is solely for the business purpose of BorrowerBxxxxxxx, and is not for personal, family, household, or agricultural purposes.

Appears in 8 contracts

Samples: Loan Agreement (Stirling Hotels & Resorts, Inc.), Mezzanine Loan Agreement (Industrial Logistics Properties Trust), Loan Agreement (Istar Inc.)

Business Purposes. The Loan is solely for the business purpose of Borrower (including distributions to Borrower's constituent entity and all subsequent upstream distributions), and is not for personal, family, household, or agricultural purposes.

Appears in 6 contracts

Samples: Loan Agreement (Maguire Properties Inc), Senior Mezzanine Loan Agreement (Maguire Properties Inc), Mezzanine Loan Agreement (Maguire Properties Inc)

Business Purposes. The Loan is solely for the business purpose of Borrower (including distributions to Borrower’s constituent entity and all subsequent upstream distributions), and is not for personal, family, household, or agricultural purposes.

Appears in 6 contracts

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

Business Purposes. The Loan is solely for the business purpose of Borrowerpurposes, and is not for personal, family, household, or agricultural purposes.

Appears in 5 contracts

Samples: Management Agreement (Ashford Hospitality Trust Inc), Letter Agreement (Ashford Hospitality Trust Inc), Management Agreement (Ashford Hospitality Trust Inc)

Business Purposes. The Loan This loan is solely a loan for business purposes and the business purpose of Borrower, and is proceeds hereof shall not be used primarily for personal, family, household, family or agricultural household purposes.

Appears in 4 contracts

Samples: GLADSTONE LAND Corp, GLADSTONE LAND Corp, GLADSTONE LAND Corp

Business Purposes. The Loan is and the proceeds thereof are to be used solely for the business purpose purposes of BorrowerBorrowers, and is not for personal, family, household, or agricultural purposes.

Appears in 4 contracts

Samples: Term Loan Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging LP)

Business Purposes. The Loan evidenced by the Note is solely for the purpose of carrying on or acquiring a business purpose of Borrower, and is not for personal, family, household, household or agricultural purposes.

Appears in 4 contracts

Samples: Construction Loan Agreement (IMH Financial Corp), Loan Agreement (TPG RE Finance Trust, Inc.), Loan Agreement (Owens Realty Mortgage, Inc.)

Business Purposes. The Loan is solely for the business purpose purposes of BorrowerBorrowers, and is not for personal, family, household, or agricultural purposes.

Appears in 3 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Credit Agreement (FelCor Lodging Trust Inc), Loan Agreement (Extra Space Storage Inc.)

Business Purposes. The Loan is solely for the business purpose of BorrowerXxxxxxxx, and is not for personal, family, household, or agricultural purposes.. Section 3.18

Appears in 2 contracts

Samples: Loan Agreement (Silver Star Properties Reit, Inc), Loan Agreement (Silver Star Properties Reit, Inc)

Business Purposes. The Loan is solely for the business purpose purposes of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 2 contracts

Samples: Loan Agreement (Extra Space Storage Inc.), Loan Agreement (Reading International Inc)

Business Purposes. The Loan is solely for the business purpose of Individual Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

Business Purposes. The Loan is solely for the business purpose of the Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Dupont Fabros Technology, Inc.)

Business Purposes. The Loan is Loans are solely for the business purpose purposes of BorrowerBorrowers, and is are not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Credit Agreement (FelCor Lodging LP)

Business Purposes. The This Loan is solely a loan for business purposes and the business purpose of Borrower, and is proceeds hereof shall not be used primarily for personal, family, household, or agricultural household purposes.

Appears in 1 contract

Samples: Green Plains Inc.

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Business Purposes. The Loan is solely for the business purpose ----------------- of BorrowerMaker, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Wyndham International Inc)

Business Purposes. The Loan is solely for the business purpose of BorrowerBorrowers, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (STAG Industrial, Inc.)

Business Purposes. The Loan is solely for the business purpose of Borrowercarrying on or acquiring a business of Borrower and Land (Parking) Owner including the development, ownership, management, etc. of an apartment community or project, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

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

Business Purposes. The Loan is solely for the business purpose of BorrowerXxxxxxxx, and is not for personal, family, household, or agricultural purposes.. Section 5.10

Appears in 1 contract

Samples: Loan Agreement (CaliberCos Inc.)

Business Purposes. The Loan is solely for the business purpose of BorrowerBorrower and its Affiliates, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Gaia, Inc)

Business Purposes. The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.. 00000000.0.XXXXXXXX

Appears in 1 contract

Samples: Mezzanine a Loan Agreement (Ashford Hospitality Trust Inc)

Business Purposes. The Loan is solely for the business purpose of each Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Business Purposes. The Loan is solely for the business ----------------- purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Kilroy Realty Corp

Business Purposes. The Loan is solely for the general business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Loan Agreement (GMH Communities Trust)

Business Purposes. The Loan is solely for the business purpose ----------------- of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: Trust and Security Agreement (Archon Corp)

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