Common use of Conditional Sales Clause in Contracts

Conditional Sales. The Company shall not, and shall not permit any other Company Party or any of its or their Subsidiaries to, make any sale to any customer on a xxxx-and-hold, guaranteed sale, sale and return, sale on approval, consignment or any other repurchase or return basis, other than in the ordinary course of business consistent with prior periods.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp), Securities Purchase Agreement (Overhill Farms Inc), Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)

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Conditional Sales. The Company shall not, and shall not permit any other Company Party or any of its or their Subsidiaries to, make any sale to any customer on a xxxxbxxx-and-hold, guaranteed sale, sale and return, sale on approval, consignment or any other repurchase or return basis, other than in the ordinary course of business consistent with prior periods.

Appears in 1 contract

Samples: Securities Purchase Agreement (Overhill Farms Inc)

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