Common use of Purchase Transaction Clause in Contracts

Purchase Transaction. Each purchase transaction to be financed with any Loan represents a bona fide and undisputed transaction between Borrower and the Vendor (or other applicable vendor of Financed Products) entered into in compliance with all applicable laws and regulations.

Appears in 4 contracts

Sources: Credit Agreement (Cbeyond Communications Inc), Credit Agreement (Cogent Communications Group Inc), Credit Agreement (Cogent Communications Group Inc)

Purchase Transaction. Each purchase transaction to be financed --------------------- with any Loan represents a bona fide and undisputed transaction between Borrower and the Vendor (or other applicable vendor of Financed Products) entered into in compliance in all material respects with all applicable laws and regulations.

Appears in 1 contract

Sources: Credit Facility Agreement (Cais Internet Inc)