Common use of Substantial Relationship Clause in Contracts

Substantial Relationship. The parties understand and agree that the payment obligations of Borrower are to be performed in the State of Arizona, which state the parties agree has a substantial relationship to the parties and to the underlying transactions embodied by this Agreement and the Loan Documents.

Appears in 2 contracts

Sources: Loan Agreement (Iron Bridge Mortgage Fund LLC), Loan and Security Agreement (Iron Bridge Mortgage Fund LLC)

Substantial Relationship. The parties understand and agree that the payment obligations of Borrower are to be performed in the State of Arizona, which state the parties agree has a substantial relationship to the parties and to the underlying transactions transaction embodied by this Agreement and the Loan Documents.

Appears in 1 contract

Sources: Loan and Security Agreement (InPoint Commercial Real Estate Income, Inc.)