Commercial position Sample Clauses
The 'Commercial position' clause defines the agreed-upon business terms and the relative bargaining stance of each party within a contract. It typically outlines key commercial elements such as pricing, payment terms, delivery schedules, or other negotiated points that reflect the parties' intentions and priorities. By clearly stating these commercial understandings, the clause helps prevent misunderstandings and disputes, ensuring that both parties are aligned on the fundamental business aspects of their agreement.
Commercial position save as Disclosed, so far as the Seller is aware:
(a) there is no substantial customer or supplier of the Seller in relation to the Business who has ceased purchasing or ordering from or supplying to it or who to the Seller’s knowledge is likely after the date of this Agreement or Closing to reduce substantially or terminate purchases or orders from or supplies to it;
(b) there are no special circumstances which might lead to the supply by the Seller or to it of any goods or services, in relation to the Business being restricted or hindered.
Commercial position. (a) the list of the top 20 customers of the Company (as determined by the aggregate amounts invoiced by the Company to such customers during 2006) and the total amount of net sales to each of them during the last completed financial year are set out in the Disclosure Letter;
(b) so far as the Seller is aware:
(i) there is no customer or supplier of the Company who has ceased purchasing or ordering from or supplying to it or who to the Seller’s knowledge is likely after the date of this Agreement or Closing to reduce substantially or terminate purchases or orders from or supplies to it;
(ii) there are no special circumstances which might lead to the supply by the Company or to it of any goods or services, being restricted or hindered.
Commercial position. So far as the Seller is aware there is no substantial supplier of the Group who has in the six months prior to the date of this Agreement ceased supplying to it or who has given notice to the Seller that after the date of this Agreement (or Completion) it will reduce substantially or terminate supplies to it.
Commercial position. Neither the Company nor any of its ------------------- Subsidiaries has received notice from any client, who accounted for a material percentage of the aggregate services provided by the Company and its Subsidiaries in the 18 month period prior to Closing, that due to a dissatisfaction with the performance of the Company or its Subsidiaries either (i) it does not intend to continue to use the Company or its Subsidiaries (if any project with such client is on-going) or (ii) it would not use the Company or its Subsidiaries for any relevant project in the future.
Commercial position. 7.3.1 there is no substantial customer or supplier of the Company who has ceased purchasing from or supplying to it or who the Warrantors are aware after the date of this Agreement (or Completion) is likely to reduce substantially or terminate purchases from or supplies to it;
7.3.2 there are no special circumstances which might lead to the manufacture by the Company of any goods, or the supply by or to it of any goods or services, being restricted or hindered;
Commercial position. There is no substantial customer or supplier of the Group who has notified the Group that it has ceased or intends to cease purchasing from or supplying to it.