Common use of Business Purposes Clause in Contracts

Business Purposes. The loan evidenced by the Note secured by the Security Instrument and the Other Security Documents (the "Loan") is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 23 contracts

Samples: Convertible Promissory Notes        Agreement (Minrad International, Inc.), Mortgage and Security Agreement (Corporate Property Associates 15 Inc), Trust and Security Agreement (Corporate Property Associates 15 Inc)

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Business Purposes. The loan evidenced by the Note secured by the Security Instrument and the Other Security Documents (the "Loan") is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 2 contracts

Samples: Mortgage And (Resource Real Estate Opportunity REIT, Inc.), Trust and Security Agreement (Innovative Micro Technology Inc)

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Business Purposes. The loan evidenced by the Note secured by the Security Instrument and the Other Security Documents (the "LoanLOAN") is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

Appears in 1 contract

Samples: And Consolidated Mortgage and Security Agreement (Alexanders Inc)

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