Common use of SIGNIFICANT CUSTOMERS; MATERIAL CONTRACTS AND COMMITMENTS Clause in Contracts

SIGNIFICANT CUSTOMERS; MATERIAL CONTRACTS AND COMMITMENTS. Company has delivered to Parent an accurate list (which is set forth on Schedule 6.13) of all significant customers, or persons or entities that are sources of a significant number of customers, it being understood and agreed that a "significant customer," for purposes of this Section 6.13, means a customer (or person or entity) (i) representing 5% or more of Company's annual revenues as of the Balance Sheet Date or (ii) reasonably expected to represent 5% or more of Company's revenues during the twelve-month period ending December 31, 1998. Except to the extent set forth on Schedule 6.13, none of Company's significant customers (or persons or entities that are sources of a significant number of customers) have canceled or substantially reduced or, to the knowledge of Company, are currently attempting or threatening to cancel a contract or substantially reduce utilization of the services provided by Company. Company has listed on Schedule 6.13 all material contracts, commitments and similar agreements to which the Company is a party or by which it or any of its properties are bound (including, but not limited to, contracts with significant customers, joint venture or partnership agreements, contracts with any labor organizations, strategic alliances and options to purchase land), other than agreements listed on Schedule 6.8, 6.12 or 6.14, (x) in existence as of the Balance Sheet Date and (y) entered into since the Balance Sheet Date, and in each case has delivered true, complete and correct copies of such agreements to Parent. Company has complied with all commitments and obligations pertaining to it, and is not in default under any contract or agreement listed on Schedule 6.13 and no notice of default under any such contract or agreement has been received. Company has also indicated on Schedule 6.13 a summary description of all plans or projects involving the acquisition of any personal property, business or assets requiring, in any event, the payment of more than $5,000 by Company.

Appears in 8 contracts

Samples: Agreement and Plan of Merger (Alliance Group Inc), Agreement and Plan of Merger (Alliance Group Inc), Agreement and Plan of Merger (Alliance Group Inc)

AutoNDA by SimpleDocs

SIGNIFICANT CUSTOMERS; MATERIAL CONTRACTS AND COMMITMENTS. Company has delivered to and Parent mutually agree Schedule 6.13 contains an accurate list (which is set forth on Schedule 6.13) of all significant customers, or persons or entities that are sources of a significant number of customers, it being understood and agreed that a "significant customer," for purposes of this Section 6.13, means a customer (or person or entity) (i) representing 5% or more of Company's annual revenues as of the Balance Sheet Date or (ii) reasonably expected to represent 5% or more of Company's revenues during the twelve-month period ending December 31, 1998. Except to the extent set forth on Schedule 6.13, to Company's best knowledge, none of Company's significant customers (or persons or entities that are sources of a significant number of customers) have canceled or substantially reduced or, to the knowledge of Company, are currently attempting or threatening to cancel a contract or substantially reduce utilization of the services provided by Company. Company has listed on and Parent mutually agree Schedule 6.13 contains an accurate list of all material contracts, commitments and similar agreements to which the Company is a party or by which it or any of its properties are bound (including, but not limited to, contracts with significant customers, joint venture or partnership agreements, contracts with any labor organizations, strategic alliances and options to purchase land), other than agreements listed on Schedule 6.8, 6.12 or 6.14, (x) in existence as of the Balance Sheet Date and (y) entered into since the Balance Sheet Date, and in each case has delivered true, complete and correct copies of such agreements to Parent. Company has complied with all commitments and obligations pertaining to it, and is not in default under any contract or agreement listed on Schedule 6.13 and no notice of default under any such contract or agreement has been received. Company has also indicated on Schedule 6.13 a summary description of all plans or projects involving the acquisition of any personal property, business or assets requiring, in any event, the payment of more than $5,000 by Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance Group Inc)

SIGNIFICANT CUSTOMERS; MATERIAL CONTRACTS AND COMMITMENTS. The Company has delivered to Parent Purchaser an accurate list (which is set forth on Schedule 6.135.15) of all significant customers, or persons or entities that are sources of a significant number of customers, it being understood and agreed that a "significant customer," for purposes of this Section 6.135.15, means a customer (or person or entity) (i) representing 5% or more of the Company's annual revenues as of the Balance Sheet Initial Disclosure Date or (ii) reasonably expected to represent 5% or more of the Company's revenues during the twelve-month period ending December 31September 30, 19981997. Except to the extent set forth on Schedule 6.135.15, none of the Company's significant customers (or persons or entities that are sources of a significant number of customers) have canceled or substantially reduced or, to the knowledge of the Company, are currently attempting or threatening to cancel a contract or substantially reduce utilization of the services provided by the Company. The Company has listed on Schedule 6.13 5.15 all material contracts, commitments and similar agreements to which the Company is a party or by which it or any of its properties are bound (including, but not limited to, contracts with significant customers, joint venture or partnership agreements, contracts with any labor organizations, strategic alliances and options to purchase land), other than agreements listed on Schedule 6.85.10, 6.12 5.14 or 6.145.16, (x) in existence as of the Balance Sheet Initial Disclosure Date and (y) entered into since the Balance Sheet Street Date, and in each case has delivered true, complete and correct copies of such agreements to ParentPurchaser. The Company has complied with all material commitments and obligations pertaining to it, and is not in default under any contract or agreement listed on Schedule 6.13 5.15 and no notice of default under any such contract or agreement has been received. The Company has also indicated on Schedule 6.13 5.15 a summary description of all plans or projects involving the acquisition of any personal property, business or assets requiring, in any event, the payment of more than $5,000 50,000 by the Company.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

SIGNIFICANT CUSTOMERS; MATERIAL CONTRACTS AND COMMITMENTS. Company has delivered to Parent an accurate list (which is set forth on Schedule 6.136.15) of all significant customers, or persons or entities that are sources of a significant number of customers, it being understood and agreed that a "significant customer," for purposes of this Section 6.13sentence, means a customer (or person or entity) (i) representing 52% or more of Company's annual revenues as of the Balance Sheet Initial Disclosure Date or (ii) reasonably expected to represent 52% or more of Company's revenues during the twelve-month period ending December 31June 30, 1998. Except to the extent set forth on Schedule 6.136.15, none of the Company's significant customers (or persons or entities that are sources of a significant number of customers) have canceled or substantially reduced or, to the knowledge of Company, are currently attempting or threatening to cancel a contract or substantially reduce utilization of the services provided by Company. Company has listed on Schedule 6.13 6.15 all material contracts, commitments and similar agreements to which the Company is a party or by which it or any of its properties are bound (including, but not limited to, contracts with significant customers, joint venture or partnership agreements, contracts with any labor organizations, strategic alliances and options to purchase land), other than agreements listed on Schedule 6.86.10, 6.12 6.14 or 6.146.16, (x) in existence as of the Balance Sheet Initial Disclosure Date and (y) entered into since the Balance Sheet Initial Disclosure Date, and in each case has delivered true, complete and correct copies of such agreements to Parent. Company has complied with all material commitments and obligations pertaining to it, and is not in material default under any contract or agreement listed on Schedule 6.13 6.15 and no notice of default under any such contract or agreement has been received. Company has also indicated on Schedule 6.13 6.15 a summary description of all plans or projects involving the acquisition of any personal property, business or assets requiring, in any event, the payment of more than $5,000 10,000 by Company.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Advanced Communications Group Inc/De/)

AutoNDA by SimpleDocs

SIGNIFICANT CUSTOMERS; MATERIAL CONTRACTS AND COMMITMENTS. Company has delivered to Parent an accurate list (which is set forth on Schedule 6.13) of all significant customers, or persons or entities that are sources of a significant number of customers, it being understood and agreed that a "significant customer," for purposes of this Section 6.13, means a customer (or person or entity) (i) representing 5% or more of Company's annual revenues as of the Balance Sheet Date or (ii) reasonably expected to represent 5% or more of Company's =s revenues during the twelve-month period ending December 31, 1998. Except to the extent set forth on Schedule 6.13, none of Company's significant customers (or persons or entities that are sources of a significant number of customers) have canceled or substantially reduced or, to the knowledge of Company, are currently attempting or threatening to cancel a contract or substantially reduce utilization of the services provided by Company. Company has listed on Schedule 6.13 all material contracts, commitments and similar agreements to which the Company is a party or by which it or any of its properties are bound (including, but not limited to, contracts with significant customers, joint venture or partnership agreements, contracts with any labor organizations, strategic alliances and options to purchase land), other than agreements listed on Schedule 6.8, 6.12 or 6.14, (x) in existence as of the Balance Sheet Date and (y) entered into since the Balance Sheet Date, and in each case has delivered true, complete and correct copies of such agreements to Parent. Company has complied with all commitments and obligations pertaining to it, and is not in default under any contract or agreement listed on Schedule 6.13 and no notice of default under any such contract or agreement has been received. Company has also indicated on Schedule 6.13 a summary description of all plans or projects involving the acquisition of any personal property, business or assets requiring, in any event, the payment of more than $5,000 by Company.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.