Common use of Commercial Purpose Clause in Contracts

Commercial Purpose. The Loan(s) are not “consumer transactions”, as defined in the Florida Uniform Commercial Code, and none of the collateral was or will be purchased or held primarily for personal, family or household purposes.

Appears in 10 contracts

Samples: Security Agreement, Security Agreement (Patriot Transportation Holding, Inc.), Master Loan Agreement (Goldfield Corp)

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Commercial Purpose. The Loan(s) are not “consumer transactions”, ,” as defined in the Florida Uniform Commercial Code, and none of the collateral was or will be purchased or held primarily for personal, family or household purposes.

Appears in 4 contracts

Samples: Master Loan Agreement (Goldfield Corp), Master Loan Agreement (Goldfield Corp), Master Loan Agreement (Goldfield Corp)

Commercial Purpose. The Loan(s) are not “consumer transactions”, as defined in the Florida Uniform Commercial Code, and none of the collateral was or will be he purchased or held primarily for personal, family or household purposes.

Appears in 3 contracts

Samples: Loan Agreement (Goldfield Corp), Loan Agreement (Goldfield Corp), Loan Agreement (Goldfield Corp)

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Commercial Purpose. The Loan(s) are not “consumer transactions”, as defined in the Florida Texas Uniform Commercial Code, and none of the collateral was or will be purchased or held primarily for personal, family or household purposes.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Hallwood Group Inc), Loan Agreement (Hallwood Group Inc)

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