Common use of Substantial Relationship Clause in Contracts

Substantial Relationship. It is understood and agreed that this [TI/Cap Ex/Covered/Repositioning] Note were negotiated, executed and delivered in the State of ___________, which State the parties agree has a substantial relationship to the parties and to the underlying transactions embodied hereby.

Substantial Relationship. It is understood and agreed that this [TI/Cap Ex/Covered/Repositioning] Note were negotiated, executed and delivered in the State of ___________, which State the parties agree has a substantial relationship to the parties and to the underlying transactions embodied hereby.