Invoice Disclaimer The purchase price for payment for any Products shall be made within the accepted term described on this invoice and subject to prior credit approval. In addition to any other right or remedy it may have, Seiki Digital, Inc. shall be entitled to interest at a rate equal to the lesser of 1 1/2% per month and the maximum allowed by law on all overdue payments plus all costs and expenses of collection. Purchaser shall be responsible for all applicable taxes, duties and fees required. Prices and other terms and conditions are subject to change by Seiki Digital, Inc. upon written notice. Product may be resold only in Purchaser's normal course of business. Purchaser shall not pledge or otherwise encumber the Product until paid in full. Purchaser agrees to immediately report to Seiki Digital, Inc. (a) any seizure or attachment of the Product by Purchaser's creditors, (b) any petition in bankruptcy, insolvency receivership or similar proceeding filed by, or against, Purchaser or (c) any arrangements, composition or similar agreement for benefit of Purchaser's creditor's.