Common use of Contracts with Customers Clause in Contracts

Contracts with Customers. Schedule 4.14 sets forth (a) all Networks Contracts or other understandings or arrangements to which Networks is a party relating to the sale or furnishing by it of goods or services where the consideration for such sale is $1,000 or more, in any single case, (b) any claims by parties other than Networks with respect thereto, (c) product guarantees or warranties made by Networks relating to its goods or services, and (d) any pending claims by Networks with respect to a breach of any of the Networks Contracts. None of the customers, suppliers or other persons which is a party to any of the Contracts listed in Schedule 4.14 has notified Networks of any intention to terminate its contract or arrangement for service.

Appears in 2 contracts

Sources: Merger Agreement (Cherkas Randolph), Merger Agreement (Global Telecommunication Solutions Inc)