Accounts Payable and Inventory. Since December 31, 2003, the Company has (i) discharged its material accounts payable and other material current liabilities and obligations in accordance with past practice, and (ii) purchased and maintained inventory in an amount which it reasonably believes to be appropriate for normal requirements of the Company’s business and current business conditions consistent with its past practices.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Hollywood Entertainment Corp), Agreement and Plan of Merger (Movie Gallery Inc)
Accounts Payable and Inventory. Since December 31, 2003, the Company has (i) discharged its material accounts payable and other material current liabilities and obligations in accordance with past practice, and (ii) purchased and maintained inventory in an amount which it reasonably believes to be appropriate for normal requirements of the Company’s 's business and current business conditions consistent with its past practices.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Hollywood Entertainment Corp), Agreement and Plan of Merger (Hollywood Entertainment Corp)