Common use of Charitable organization Clause in Contracts

Charitable organization. No Canadian Loan Party is a charity registered with the Canada Revenue Agency and it does not solicit charitable financial donations from the public and none of the Loans under this Agreement and none of the other services and products, if any, to be provided by the Lender under or in connection with this Agreement will be used by, on behalf of, or for the benefit of any Person other than the Borrowers or any other Loan Party.

Appears in 1 contract

Sources: Floor Plan First Lien Credit Agreement (Alta Equipment Group Inc.)

Charitable organization. No Canadian Loan Party is a charity registered with the Canada Revenue Agency and it does not solicit charitable financial donations from the public and none of the Loans under this Agreement and none of the other services and products, if any, to be provided by the Lender under or in connection with this Agreement will be used by, on behalf of, or for the benefit of any Person other than the Borrowers or any other Loan Party. ARTICLE IV Conditions

Appears in 1 contract

Sources: Floor Plan First Lien Credit Agreement (Alta Equipment Group Inc.)