Common use of Material Suppliers Clause in Contracts

Material Suppliers. Section 2.23 of the Company Disclosure Schedule sets forth with respect to the Business (i) each supplier to whom the Company or an Asset Seller (with respect to the Business or the Purchased Assets) has paid consideration for goods or services rendered in an amount greater than or equal to $50,000 for the period from January 1, 2017 to the Interim Balance Sheet Date (collectively, the “Material Suppliers”); and (ii) the approximate amount of purchases from each Material Supplier during such period. Neither the Company, nor any Asset Seller (with respect to the Business or the Purchased Assets) has received any written notice that any of the Material Suppliers has ceased, or intends to cease, to supply goods or services to the Business or to otherwise terminate or materially reduce its relationship with the Business.

Appears in 3 contracts

Sources: Purchase Agreement, Purchase Agreement (Red Lion Hotels CORP), Purchase Agreement (Red Lion Hotels CORP)