Common use of Supplier Relationships Clause in Contracts

Supplier Relationships. Schedule 5.24 contains a complete and accurate list of each of the (i) top fifteen (15) suppliers of the Company, (ii) top three (3) suppliers of RWD UK and (iii) top three (3) suppliers of RWD Colombia, in each case with respect to the Business and in terms of dollar amount of purchases of goods or services by such Sellers for the fiscal years December 31, 2009 and December 31, 2010, in each case exclusive of suppliers of legal, accounting and investment banking, and benefits administration services. No Seller has received written notice, and to the Seller’s Knowledge, any oral notice, that any such supplier plans to discontinue doing business with any Seller, RWD Colombia or the Buyers, plans to materially reduce the level of business done with any Seller, RWD Colombia or the Buyers, and to the Seller’s Knowledge no such supplier intends, subsequent to the Closing Date, not to do business with the Buyers on substantially the same terms, conditions and amounts as such supplier did with the Sellers or RWD Colombia, as applicable, prior to the Closing Date.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Gp Strategies Corp), Asset Purchase Agreement (Gp Strategies Corp)