Common use of Customers and Vendors Clause in Contracts

Customers and Vendors. (a) Section 4.11(a) of the Company Disclosure Letter sets forth (i) the ten (10) largest customers of the Company and its Subsidiaries in 2021 (based on the dollar amount of sales to such customers during the twelve (12) months ended December 31, 2021) (the “Company Material Customers”), (ii) the amount invoiced to such Company Material Customer during such period and (iii) the percentage of total sales of the business represented by sales to each Company Material Customer during such period. All Company Material Customers continue to be customers of the Company and its Subsidiaries, and no Company Material Customer has materially reduced its business with the Company and its Subsidiaries from the levels achieved between January 1, 2021 and December 31, 2021. Neither the Company nor any of its Subsidiaries have received any notice, nor does the Company or any of its Subsidiaries have any reason to believe, that any Company Material Customer has (x) ceased or substantially reduced, or will cease or substantially reduce, use of products or services of the Company’s business or (y) sought, or is seeking, to reduce the price it will pay for the products or services of the Company’s business. No Company Material Customer has otherwise threatened in writing to take any action described in the preceding sentence as a result of the consummation of the transactions contemplated hereby or otherwise.

Appears in 2 contracts

Samples: Business Combination Agreement (Freedom Acquisition I Corp.), Business Combination Agreement (Freedom Acquisition I Corp.)

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Customers and Vendors. (a) Section 4.11(a) of the Company Parent Disclosure Letter Schedules sets forth (i) the ten (10) largest customers of the Company Parent and its Subsidiaries in 2021 (based on the dollar amount of sales to such customers during the twelve (12) months ended December 31, 2021) (the “Company Parent Material Customers”), (ii) the amount invoiced to such Company Parent Material Customer during such period and (iii) the percentage of total sales of the business represented by sales to each Company Parent Material Customer during such period. All Company Parent Material Customers continue to be customers of the Company Parent and its Subsidiaries, and no Company Parent Material Customer has materially reduced its business with the Company Parent and its Subsidiaries from the levels achieved between January 1, 2021 and December 31, 2021. Neither the Company Parent nor any of its Subsidiaries have received any notice, nor does the Company Parent or any of its Subsidiaries have any reason to believe, that any Company Parent Material Customer has (x) ceased or substantially reduced, or will cease or substantially reduce, use of products or services of the CompanyParent’s business or (y) sought, or is seeking, to reduce the price it will pay for the products or services of the CompanyParent’s business. No Company Parent Material Customer has otherwise threatened in writing to take any action described in the preceding sentence as a result of the consummation of the transactions contemplated hereby or otherwise.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Freedom Acquisition I Corp.)

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Customers and Vendors. (a) Section 4.11(a3.11(a) of the Company Disclosure Letter Schedules sets forth (i) the ten (10) largest customers of the Company and its Subsidiaries in 2021 (based on the dollar amount of sales to such customers during the twelve (12) months ended December 31, 2021) (the “Company Material Customers”), (ii) the amount invoiced to such Company Material Customer during such period and (iii) the percentage of total sales of the business represented by sales to each Company Material Customer during such period. All Company Material Customers continue to be customers of the Company and its Subsidiaries, and no Company Material Customer has materially reduced its business with the Company and its Subsidiaries from the levels achieved between January 1, 2021 and December 31, 2021. Neither the Company nor any of its Subsidiaries have received any notice, nor does the Company or any of its Subsidiaries have any reason to believe, that any Company Material Customer has (x) ceased or substantially reduced, or will cease or substantially reduce, use of products or services of the Company’s business or (y) sought, or is seeking, to reduce the price it will pay for the products or services of the Company’s business. No Company Material Customer has otherwise threatened in writing to take any action described in the preceding sentence as a result of the consummation of the transactions contemplated hereby or otherwise.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Freedom Acquisition I Corp.)

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