Common use of Orders, Commitments and Returns Clause in Contracts

Orders, Commitments and Returns. As of the date of this Agreement, there are no claims against the Company or any of its subsidiaries to return in excess of an aggregate of $25,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of merchandise in the hands of customers under an understanding that such merchandise would be returnable.

Appears in 3 contracts

Sources: Merger Agreement (Sl Industries Inc), Merger Agreement (Sl Industries Inc), Merger Agreement (Ault Inc)

Orders, Commitments and Returns. As of the date of this Agreement, there are no claims against the Company or any of its subsidiaries to return in excess of an aggregate of $25,000 300,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of merchandise in the hands of customers under an understanding that such merchandise would be returnable.

Appears in 3 contracts

Sources: Merger Agreement (Emulex Corp /De/), Merger Agreement (Vixel Corp), Merger Agreement (Emulex Corp /De/)

Orders, Commitments and Returns. As of the date of this Agreement, there are no claims against the Company or any of its subsidiaries to return in excess of an aggregate of $25,000 100,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of merchandise in the hands of customers under an understanding that such merchandise would be returnable.

Appears in 2 contracts

Sources: Merger Agreement (Safenet Inc), Merger Agreement (Safenet Inc)