Common use of Commercial Acts Clause in Contracts

Commercial Acts. The obligations of the Company under this Agreement and the Notes are commercial in nature and are subject to civil and commercial law, and the execution and performance of this Agreement constitute private and commercial acts and not governmental or public acts and the Company is subject to legal action in respect of its Obligations.

Appears in 5 contracts

Samples: Loan Agreement (Gruma Sa De Cv), Loan Agreement (Gruma Sab De Cv), Loan Agreement (Gruma Sab De Cv)

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Commercial Acts. The obligations of the Company under this Agreement and the Term Notes are commercial in nature and are subject to civil and commercial law, and the execution and performance of this Agreement constitute private and commercial acts and not governmental or public acts and the Company is subject to legal action in respect of its Obligations.

Appears in 1 contract

Samples: Loan Agreement (Gruma Sab De Cv)

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