BUSINESS PURPOSE DECLARATION Clause Samples

A Business Purpose Declaration clause defines the specific commercial or operational objectives for which an agreement or transaction is being entered into. Typically, it outlines the intended use of goods, services, or funds provided under the contract, such as specifying that a loan will be used for business expansion or that purchased equipment will be used solely for company operations. By clearly stating the business intent, this clause helps prevent misuse of resources and ensures that all parties are aligned on the contract’s objectives, thereby reducing the risk of disputes over improper use.
BUSINESS PURPOSE DECLARATION. I/We declare that the goods to be hired by me/us from the lessor are to be hired wholly or predominantly for business purposes.
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BUSINESS PURPOSE DECLARATION home owner (If Yes, property value) Mortgage (If Yes, mortgage value) D.o.B Mobile Suburb Suburb Mortgage (If Yes, mortgage value) D/Licence State State renter Postcode Postcode renter I/We declare that the goods to be hired by me/us from the lessor are to be hired wholly or predominantly for business purposes.
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BUSINESS PURPOSE DECLARATION. By the execution of this schedule, the renter declares that the equipment is to be rented wholly and predominantly for business purposes. this declaration you may lose your protection under the National Consumer Credit Protection Act 2009 (Cth).
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BUSINESS PURPOSE DECLARATION. 21.1 The Customer and its signatory hereby acknowledges that the credit (if any) which is to be provided under the Agreement is to be applied wholly or predominantly for business purposes and not for personal, domestic or household purposes
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BUSINESS PURPOSE DECLARATION. The Customer hereby acknowledges, for the purposes of section 13 National Consumer Credit Code (“Code”), having made this declaration before entering into the Agreement, and that the credit (if any) which is to be provided under the Agreement (if entered into) is to be applied for not either wholly or predominantly for a personal, household or domestic purpose. Accepted in agreement with our Conditions of Contract On behalf of ABN: Name: Title: Signature: Date: / / On behalf of Border Express Pty Ltd ABN: 82 000 533 880 Name: Title: Signature: Date: / / Item 1. Commencement date 2. Primary Customer 3. Special conditions 1. Do hereby jointly and severally guarantee the due and punctual payment of all obligations (including payment of monies) which may now or in the future be or become due and payable to Border Express by the Customer on any account whatsoever. 2. DECLARE that this Guarantee shall be a continuing guarantee and shall remain in full force and effect and the Guarantor/s shall remain liable hereunder notwithstanding the granting by Border Express of time, credit or any other indulgence or concession to the Customer or the Guarantor/s or the waiver by Border Express of any breach by the Customer of its obligations to Border Express or the liquidation of the Customer or the bankruptcy or death of the Guarantor/s or all of them (as the case may be) or the liability of the Customer ceasing or becoming extinguished for any reason other than payment in full, or due to any variation in the Customer’s Agreement with Border Express or any changes in the Customer’s corporate structure. 3. DECLARE that I/We will make due and punctual payment to Border Express upon demand being made by notice or letter given to the Guarantor/s and such demand or notice or letter shall be deemed to be duly made or given if the same shall be in writing and left at or sent by pre-paid post to the address of the Guarantor (and if more than one Guarantor, the address of each of them) as set out above. 4. DECLARE that the Guarantor/s shall pay all costs, fees, charges and expenses including (but not limited to) legal costs on a solicitor and own client basis incurred by Border Express of and incidental to this Guarantee or any matter arising out of or incidental to this Guarantee or the performance of or failure to perform by the Guarantor/s of the covenants contained herein. 5. DECLARE that if any of the obligations hereby guaranteed shall not be enforceable against the Customer...
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BUSINESS PURPOSE DECLARATION for BOQEF lending only
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Related to BUSINESS PURPOSE DECLARATION

  • Business Purpose The Company may conduct any and all lawful business appropriate in carrying out the Company’s objectives, as permitted under Section ▇▇-▇▇-▇▇▇ of the Act.

  • Business Purposes The Loan is solely for the business purpose of Borrower, and is not for personal, family, household, or agricultural purposes.

  • Partnership Agreements Each of the partnership agreements, declarations of trust or trust agreements, limited liability company agreements (or other similar agreements) and, if applicable, joint venture agreements to which the Company or any of its subsidiaries is a party has been duly authorized, executed and delivered by the Company or the relevant subsidiary, as the case may be, and constitutes the valid and binding agreement of the Company or such subsidiary, as the case may be, enforceable in accordance with its terms, except as the enforcement thereof may be limited by (A) the effect of bankruptcy, insolvency or other similar laws now or hereafter in effect relating to or affecting creditors’ rights generally or (B) the effect of general principles of equity, and the execution, delivery and performance of such agreements did not, at the time of execution and delivery, and does not constitute a breach of or default under the charter or bylaws, partnership agreement, declaration of trust or trust agreement, or limited liability company agreement (or other similar agreement), as the case may be, of the Company or any of its subsidiaries or any of the Agreements and Instruments or any law, administrative regulation or administrative or court order or decree.

  • Certification Regarding Prohibition of Boycotting Israel (Tex Gov. Code 2271)

  • Outside Activities of Limited Partners Subject to any agreements entered into by a Limited Partner or its Affiliates with the General Partner, Partnership or a Subsidiary, any Limited Partner and any officer, director, employee, agent, trustee, Affiliate or stockholder of any Limited Partner shall be entitled to and may have business interests and engage in business activities in addition to those relating to the Partnership, including business interests and activities in direct competition with the Partnership or that are enhanced by the activities of the Partnership. Neither the Partnership nor any Partners shall have any rights by virtue of this Agreement in any business ventures of any Limited Partner or Assignee. Subject to such agreements, none of the Limited Partners nor any other Person shall have any rights by virtue of this Agreement or the partnership relationship established hereby in any business ventures of any other Person, other than the Limited Partners benefiting from the business conducted by the General Partner, and such Person shall have no obligation pursuant to this Agreement to offer any interest in any such business ventures to the Partnership, any Limited Partner or any such other Person, even if such opportunity is of a character which, if presented to the Partnership, any Limited Partner or such other Person, could be taken by such Person.