Orders, Commitments and Returns. As of the date of this ------------------------------- Agreement, the aggregate of all accepted and unfulfilled orders for the sale of merchandise entered into by the Company does not exceed $200,000. As of the date of this Agreement, there are no claims against the Company 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 2 contracts
Sources: Merger Agreement (Shopping Com), Merger Agreement (Compaq Interests Inc)
Orders, Commitments and Returns. As of the date of this ------------------------------- Agreement, the aggregate of all accepted and unfulfilled orders for the sale of merchandise entered into by the Company does not exceed is approximately $200,00017,769,585 as of September 19, 1997, and all contracts or commitments for the purchase of supplies by the Company and all orders were made in the ordinary course of business. As of the date of this Agreement, there are no claims against the Company to return in excess of an aggregate of $25,000 250,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of and there is no merchandise in the hands of customers under an understanding that such merchandise would be returnable.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Danskin Inc), Securities Purchase Agreement (Danskin Investors LLC)