Common use of Commercial Relationships Clause in Contracts

Commercial Relationships. Each of Borrower and its Subsidiaries is in compliance with all material obligations under or related to its relationships with its five largest suppliers and twenty largest customers by revenue for the year ended January 31, 2014, and none of such parties has terminated, significantly reduced or communicated any intention to terminate or significantly reduce its relationship with Borrower or its Subsidiaries.

Appears in 2 contracts

Samples: Loan and Security Agreement (Xactly Corp), Loan and Security Agreement (Xactly Corp)

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Commercial Relationships. Each of the Borrower and its Subsidiaries is in compliance with all material obligations under or related to its relationships with its five three largest suppliers and twenty ten largest customers by revenue for the year ended January December 31, 20142009, and none of such parties has terminated, significantly reduced or communicated any intention to terminate or significantly reduce its relationship with the Borrower or its Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (GlassHouse Technologies Inc)

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Commercial Relationships. Each of Borrower and its Subsidiaries is in compliance with all material obligations under or related to its relationships with its five largest suppliers and twenty largest customers by revenue for the year ended January 31, 20142013, and none of such parties has terminated, significantly reduced or communicated any intention to terminate or significantly reduce its relationship with Borrower or its Subsidiaries.

Appears in 1 contract

Samples: Loan and Security Agreement (Xactly Corp)

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