Common use of Commercial Transaction Clause in Contracts

Commercial Transaction. The Borrowers represent, warrant and acknowledge that the transaction of which this Agreement is a part is a commercial transaction and not a consumer transaction. Monies now or in the future to be advanced to or on behalf of the Borrowers are not and will not be used for personal, family or household purposes.

Appears in 2 contracts

Samples: Revolver Loan Agreement (Energy 11, L.P.), Revolver Loan Agreement (Energy Resources 12, L.P.)

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Commercial Transaction. The Borrowers representBorrower represents, warrant warrants and acknowledge acknowledges that the transaction of which this Agreement is a part is a commercial transaction and not a consumer transaction. Monies now or in the future to be advanced to or on behalf of the Borrowers Borrower are not and will not be used for personal, family or household purposes.

Appears in 2 contracts

Samples: Revolver Loan Agreement (Viking Energy Group, Inc.), Senior Revolver Loan Agreement (Empire Petroleum Corp)

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Commercial Transaction. The Borrowers represent, warrant and acknowledge that the transaction of which this Agreement is a part is a commercial transaction and not a consumer transaction. Monies now or in the future to be advanced to or on behalf of the Borrowers are not and will not be used for personal, family or household purposes.

Appears in 1 contract

Samples: Revolver Loan Agreement (Empire Petroleum Corp)

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