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Common use of Financing Agreement Clause in Contracts

Financing Agreement. THIS AGREEMENT IS SOLELY A FINANCING AGREEMENT. BORROWER ACKNOWLEDGES THAT THE EQUIPMENT HAS BEEN OR WILL BE SELECTED AND ACQUIRED SOLELY BY BORROWER AND THAT LENDER HAS NOT AND DOES NOT MAKE ANY WARRANTY WITH RESPECT TO ITS CONDITION, MERCHANTABILITY, SUITABILITY, CAPACITY OR FITNESS FOR ANY PARTICULAR PURPOSE.

Appears in 6 contracts

Samples: Master Loan and Security Agreement (Techprecision Corp), Master Loan and Security Agreement (Document Security Systems Inc), Loan and Security Agreement (Sma Real Time Inc)

Financing Agreement. THIS AGREEMENT IS SOLELY A FINANCING AGREEMENT. ------------------- BORROWER ACKNOWLEDGES THAT THE EQUIPMENT HAS BEEN OR WILL BE SELECTED AND ACQUIRED SOLELY BY BORROWER AND THAT LENDER HAS NOT AND DOES NOT MAKE ANY WARRANTY WITH RESPECT TO ITS CONDITION, MERCHANTABILITY, SUITABILITY, CAPACITY OR FITNESS FOR ANY PARTICULAR PURPOSE.

Appears in 1 contract

Samples: Master Loan and Security Agreement (3 Dimensional Pharmaceuticals Inc)