Tabletop Business definition
Examples of Tabletop Business in a sentence
Except as set forth on Schedule 4.23, all of such contracts and other agreements are valid and binding upon the Seller with respect to the Tabletop Business.
The Seller shall have no liabilities or obligations arising out of any acts or omissions of the Buyer in choosing, recruiting, employing or deciding not to employ any employees of the Seller, or to retain any independent contractors, in each case, with respect to the Tabletop Business.
Since June 30, 2005, the Tabletop Business has been conducted in the ordinary course and consistent with past practice.
The Seller has no Knowledge of any patents covering the Acquired Assets or the use thereof and does not own any patents of patent applications relating to the Tabletop Business or the Acquired Assets.
Schedule 4.4 contains a true and complete copy of selected income statement data of the Seller showing gross sales invoiced and gross margin with respect to the Tabletop Business for the fiscal years ended June 30, 2005, June 30, 2004 and June 30, 2003 (the "Unaudited Selected Income Statement Data").
The Unaudited Selected Income Statement Data is complete and correct in all material respects, are consistent with the books and records of the Seller and fairly presents the financial information of the Tabletop Business as of the dates thereof and for the periods covered thereby in accordance with GAAP.
Except as set forth on Schedule 4.22, the Seller has not received any written statements, citations or decisions by any Governmental Authority stating that any product sold by the Seller with respect to the Tabletop Business (including any Inventory) is defective or unsafe or fails to meet any standards promulgated by any Governmental Authority.
The Unaudited Selected Income Statement Data (a) does not reflect the operations of any entity or business not part of the Tabletop Business, (b) reflects all costs that historically have been incurred by the Seller with respect to the Tabletop Business and the Acquired Assets (other than the Excluded Liabilities) and (c) presents fairly the gross sales and gross margins of the Seller with respect to the Tabletop Business for the periods indicated.
The Seller, through its Salton At Home - tabletop division, designs, licenses and markets, tableware, stemware, barware, premium dinnerware, decorative art glassware, ceramic dinnerware and premium crystal products to department stores, mass merchants, direct-to-consumer retailers and specialty retailers (the "Tabletop Business").