Common use of UNLAWFUL PURPOSE Clause in Contracts

UNLAWFUL PURPOSE. The Borrower(s) apply and/or utilize the Loan (a) for such purposes which are not permitted under the Loan Documents and/or (b) for any purpose which is considered and/or deemed to be unlawful, illegal or contravene the provisions of any applicable laws, rules and regulations.

UNLAWFUL PURPOSE. The Borrower(s) apply Borrower applies and/or utilize utilizes the Loan (a) for such purposes which are not permitted under the Loan Documents and/or (b) for any purpose which is considered and/or deemed to be unlawful, illegal or contravene contravenes the provisions of any applicable laws, rules and regulations.

UNLAWFUL PURPOSE. The Borrower(sBorrower apply (ies) apply and/or utilize utilize(s) the Loan (a) for such purposes which are not permitted under the Loan Documents and/or (b) for any purpose which is considered and/or deemed to be unlawful, illegal or contravene the provisions of any applicable laws, rules and regulations.

UNLAWFUL PURPOSE. The Borrower(sBorrower apply (ies) apply and/or utilize utilize(s) the Loan (a) for such purposes which are not permitted under the Loan Documents and/or (b) for any purpose Purpose which is considered and/or deemed to be unlawful, illegal or contravene the provisions of any applicable laws, rules and regulations.

UNLAWFUL PURPOSE. The Borrower(sborrower apply (ies) apply and/or utilize utilize(s) the Loan (a) for such purposes which are not permitted under the Loan Documents and/or (b) for any purpose which is considered and/or deemed to be unlawful, illegal or contravene the provisions of any applicable laws, rules and regulations.