PRICE OF EQUIPMENT. To the Borrower's knowledge, the cost of each item of Equipment does not exceed the fair and usual price for such type of equipment purchased in like quantity and reflects all discounts, rebates and allowances for the Equipment (including, without limitation, discounts for advertising, prompt payment, testing, or other services) given to the Borrower by the manufacturer, supplier, or any other person.
Appears in 3 contracts
Samples: Loan Agreement (Pilot Network Services Inc), Loan Agreement (Pilot Network Services Inc), Master Loan and Security Agreement (Sonoma Systems)
PRICE OF EQUIPMENT. To the Borrower's knowledge, the cost The price of each item of Equipment paid by Borrower does not exceed the fair and usual price for such type of equipment purchased in like quantity and and, to the Borrower's knowledge after inquiry, reflects all discounts, rebates and allowances for the Equipment (including, without limitation, discounts for advertising, prompt payment, testing, or other services) given to the Borrower by the manufacturer, supplier, or any other person.
Appears in 1 contract
Samples: Master Loan and Security Agreement (Aclara Biosciences Inc)
PRICE OF EQUIPMENT. To the knowledge of Borrower's knowledge, the cost of each item of Equipment does not exceed the fair and usual price for such type of equipment purchased in like quantity and reflects all discounts, rebates and allowances for the Equipment (including, without limitation, discounts for advertising, prompt payment, testing, or other services) given to the Borrower by the manufacturer, manufacturer or supplier, or any other person.
Appears in 1 contract
Samples: Master Loan and Security Agreement (Lynx Therapeutics Inc)