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. 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 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. 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 lD of Title 79, Texas Rev. Civ. Stats. 1925, as amended. CARROLS CORPORATION, a Delaware corporation By:___________________ Name:_________________ Title:________________ EXHIBIT C to Loan Agreement REVOLVING NOTE Houston, Texas $_______ __________,199_ FOR VALUE RECEIVED, CARROLS CORPORATION (together with its permitted successors, herein called "Maker"), a Delaware corporation, promises to pay to the order ___________________________________ ("Payee"), at the principal office of Chase Bank of Texas, National Association, a national banking association, 000 Xxxx Xxxxxx, Xxxxxxx, Xxxxxx Xxxxxx. Texas 77002, in immediately available funds and in lawful money of the United States of America, the principal sum of _____________________________ Dollars ($______ (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 Loan Agreement (as amended, supplemented, restated or replaced from time to time, the "Loan Agreement") dated as of February _____, 1999 among Maker, certain signatory banks named therein (including the Payee) and Chase Bank of Texas, National Association, as Agent; 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 Loan Agreement which is used in this note and which is not otherwise defined in this note shall have the meaning ascribed to it in the Loan Agreement.
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. 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. 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. 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 PULP CHEMICALS, LTD. By: __________________________ Name:_________________________ Title:________________________ EXHIBIT C to Credit Agreement Page 4 ASSIGNMENT AND ACCEPTANCE ------------------------- Dated: ___________________, 199___ Reference is made to the Credit Agreement dated as of September 28, 1995 (as restated, amended, modified, supplemented and in effect from time to time, the "Credit Agreement"), among Sterling Pulp Chemicals, Ltd., a corporation organized under the laws of the Province of Ontario, Canada (the "Borrower"), the Lenders a party thereto, and Texas Commerce Bank National Association, as Agent (the "Agent"). Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the Credit Agreement. This Assignment and Acceptance, between the Assignor (as defined and set forth on Schedule I hereto and made a part hereof) and the Assignee (as defined and set forth on Schedule I hereto and made a part hereof) is dated as of the Effective Date (as set forth on Schedule I hereto and made a part hereof).
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.
