Common use of Customers; Revenues Clause in Contracts

Customers; Revenues. The list of the Company’s 10 largest customers or tenants based on revenues derived by the Company’s customers or tenants, which together with related revenue information for the Company’s December 31, 2012 and 2011 fiscal years, is attached hereto as Schedule 3.17 and is true and complete. Except as indicated on Schedule 3.17, Company has not been notified, on a formal or informal basis, of the probability or actuality or otherwise have any reason to believe that any of its customers or tenants from which Company derived revenues in excess of $100,000 in its 2011 fiscal year or in the 2012 Period (as shown on Schedule 3.22) intends to or will cancel, substantially limit, terminate or materially modify the terms of its business relationship with Company. Company has not received any written notice or communication from its customers or tenants to the effect that the revenues with respect to such customers or tenants should not, for the foreseeable future after the Closing, in the aggregate remain constant or increase from the amounts shown on Schedule 3.16 or why the practices of Company with respect to the billing of and collections from its customers or tenants should not, for the foreseeable future after the Closing, be able to be continued by Company on substantially the same basis.

Appears in 8 contracts

Samples: Stock Purchase Agreement (Prime Acquisition Corp), Stock Purchase Agreement (Prime Acquisition Corp), Stock Purchase Agreement (Prime Acquisition Corp)

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