Common use of Substantial Customers and Suppliers Clause in Contracts

Substantial Customers and Suppliers. SECTION 2.25(a) OF THE DISCLOSURE SCHEDULE lists the five (5) largest customers of the Company and the Subsidiaries, on the basis of revenues for goods sold or services provided for the most recently-completed fiscal year. SECTION 2.25(b) OF THE DISCLOSURE SCHEDULE lists the five (5) largest suppliers of the Company and the Subsidiaries, on the basis of cost of goods or services purchased for the most recently-completed fiscal year. Except as disclosed in SECTION 2.25(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 Company and the Subsidiaries since the Audited Financial Statement Date, or to the Knowledge of Love, has threatened to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in SECTION 2.25(d) OF THE DISCLOSURE SCHEDULE, to the Knowledge of Love, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 2 contracts

Samples: Investment Agreement (PDT Inc /De/), Stock Purchase Agreement (PDT Inc /De/)

AutoNDA by SimpleDocs

Substantial Customers and Suppliers. SECTION 2.25(a) OF THE DISCLOSURE SCHEDULE lists the five ten (510) largest customers of the Company and the Subsidiaries, on the basis of revenues for goods sold or services provided for the most recently-completed fiscal year. SECTION 2.25(b) OF THE DISCLOSURE SCHEDULE lists the five ten (510) largest suppliers of the Company and the Subsidiaries, on the basis of cost of goods or services purchased for the most recently-completed fiscal year. Except as disclosed in SECTION 2.25(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 Company and the Subsidiaries since the Audited Financial Statement Date, or to the Knowledge of LoveSeller, has threatened to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in SECTION 2.25(d) OF THE DISCLOSURE SCHEDULE, to the Knowledge of LoveSeller, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Stock Purchase Agreement (Steinway Musical Instruments Inc)

AutoNDA by SimpleDocs

Substantial Customers and Suppliers. SECTION 2.25(aSection 2.24(a) OF THE DISCLOSURE SCHEDULE of the Disclosure Schedule lists the five ten (510) largest customers of each of the Company Companies for the last three fiscal years and for the Subsidiarieslatest available interim period, on the basis of revenues for goods sold or services provided for provided, and the most recently-completed fiscal yearrevenues of the Companies generated by each such customer during such periods. SECTION 2.25(bSection 2.24(b) OF THE DISCLOSURE SCHEDULE of the Disclosure Schedule lists the five ten (510) largest suppliers of each of the Company Companies for the last three fiscal years and for the Subsidiarieslatest available interim period, on the basis of cost of goods or services purchased for the most recently-completed fiscal yearpurchased. Except as disclosed in SECTION 2.25(cSection 2.24(c) OF THE DISCLOSURE SCHEDULEof 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 either Company and the Subsidiaries since the Audited Financial Statement Date, or to the Knowledge of LoveSellers, has threatened to or intends to cease or materially reduce such purchases, use, sales or provision of services after the date hereof. Except as disclosed in SECTION 2.25(dSection 2.24(d) OF THE DISCLOSURE SCHEDULEof the Disclosure Schedule, to the Knowledge of LoveSellers, no such customer or supplier is threatened with bankruptcy or insolvency.

Appears in 1 contract

Samples: Stock Purchase Agreement (Key Components Finance Corp)

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