Common use of Substantial Customers and Suppliers Clause in Contracts

Substantial Customers and Suppliers. Section 2.22(a) of the Disclosure Schedule lists the twenty (20) largest customers of the Business, on the basis of revenues for goods sold or services provided for the most recently-completed fiscal year. Section 2.22(b) of the Disclosure Schedule lists the ten (10) largest suppliers of the Business, on the basis of cost of goods or services purchased for the most recently-completed fiscal year. Except as disclosed in Section 2.22(c) of the Disclosure Schedule, no such customer or supplier has ceased or materially reduced its purchases from, use of the services of, sales to or provision of services to the Business since the Quarterly Financial Statement Date, or to the Knowledge of Seller, has threatened to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in Section 2.22(d) of the Disclosure Schedule, to the Knowledge of Seller, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (MFC Development Corp)

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Substantial Customers and Suppliers. Section 2.22(a3.24(a) of the Disclosure Schedule lists will list the twenty (20) 10 largest customers of the Business, Company and the Subsidiaries on the basis of revenues for goods sold or services provided for the most recently-completed recent fiscal year. Section 2.22(b3.24(b) of the Disclosure Schedule lists will list the ten (10) 10 largest suppliers of the Business, Company and the Subsidiaries on the basis of cost of goods or services purchased for the most recently-completed recent fiscal year. Except as will be disclosed in Section 2.22(c3.24(c) of the Disclosure Schedule, no such customer or supplier has ceased or materially reduced its purchases from, use of the services of, from or sales to or provision of services to the Business Company or any Subsidiary since the Quarterly Financial Statement DateDecember 31, 1997, or to the Knowledge of Sellerthe Company, has threatened to cease or materially reduce such purchases, use, purchases or sales or provision of services after the date hereofClosing Date. Except as will be disclosed in Section 2.22(d3.24(d) of the Disclosure Schedule, to the Knowledge of Sellerthe Company, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Purchase Agreement (Flo Fill Co Inc)

Substantial Customers and Suppliers. Section 2.22(a5.25(a) of the Disclosure Schedule lists the twenty (20) )] largest customers of the BusinessCompany, on the basis of revenues for goods sold or services provided for the most recently-completed fiscal year. Section 2.22(b5.28(b) of the Disclosure Schedule lists the ten twenty (1020) largest suppliers of the BusinessCompany, on the basis of cost of goods or services purchased for the most recently-recently completed fiscal year. Except as disclosed in Section 2.22(c5.25(c) of the Disclosure Schedule, no such customer or supplier has ceased or materially reduced its purchases from, use of the services of, or sales to or provision of services to the Business Company since the Quarterly Financial Statement DateDecember 31, 1996, or to the Knowledge of Sellerthe Shareholders, has threatened to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in Section 2.22(d5.25(d) of the Disclosure Schedule, to the Knowledge of Sellerthe Shareholders, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Graham Field Health Products Inc)

Substantial Customers and Suppliers. Section 2.22(a2.25(a) of the Disclosure Schedule lists the twenty ten (2010) largest customers of the Business, on the basis of revenues for goods sold or services provided for the most recently-completed fiscal year. Section 2.22(b2.25(b) of the Disclosure Schedule lists the ten (10) largest suppliers of the Business, on the basis of cost of goods or services purchased for the most recently-recently- completed fiscal year. Except as disclosed in Section 2.22(c2.25(c) of the Disclosure Schedule, no such customer or supplier has ceased or materially reduced its purchases from, use of the services of, sales to or provision of services to the Business since the Quarterly Financial Statement DateDecember 31, 1995, or to the Knowledge of SellerSellers, has threatened to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in Section 2.22(d2.25(d) of the Disclosure Schedule, to the Knowledge of SellerSellers, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Asset Purchase Agreement (Graham Field Health Products Inc)

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Substantial Customers and Suppliers. Section 2.22(a2.20(a) of the Company Disclosure Schedule lists the twenty (20) fifteen largest customers of the Business, collectively, on the basis of revenues for goods sold collected or services provided accrued for the most recently-completed recent complete fiscal year. Section 2.22(b2.20(b) of the Company Disclosure Schedule lists the ten (10) fifteen largest suppliers of the Business, Business on the basis of cost of goods or services purchased for the most recently-completed recent complete fiscal year. Except as disclosed in Section 2.22(c2.20(c) of the Company Disclosure Schedule, there has been no material adverse change in the business relationship of the Company with any customer or supplier and no such customer or supplier has ceased or materially reduced its purchases from, use of the services of, from or sales to or provision of services to the Business Company since the Quarterly Financial Statement DateJanuary 1, 2010, or to the Knowledge of Seller, has threatened to cease or materially reduce such purchases, use, purchases or sales or provision of services after the date hereof. Except as disclosed in Section 2.22(d2.20(d) of the Company Disclosure Schedule, to the Knowledge knowledge of Sellerthe Company, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commtouch Software LTD)

Substantial Customers and Suppliers. Section 2.22(a) of the Disclosure Schedule lists the twenty ten (2010) largest invoiced customers of the Business, on the basis of revenues for goods sold or services provided for the most recently-completed fiscal year. Section 2.22(b) of the Disclosure Schedule lists the ten (10) largest suppliers of the Business, on the basis of cost of goods or services purchased for the most recently-completed fiscal year. Except as disclosed in Section 2.22(c) of the Disclosure Schedule, no such customer or supplier has ceased or materially reduced its purchases from, use of the services of, sales to or provision of services to the Business since the Quarterly Financial Statement Balance Sheet Date, or to the Knowledge of Sellerthe Sellers, has threatened to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in Section 2.22(d2.22(c) of the Disclosure Schedule, to the Knowledge of Sellerthe Sellers, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Asset Purchase Agreement (Radiant Systems Inc)

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