Common use of Major Suppliers Clause in Contracts

Major Suppliers. (a) A comprehensive listing of all suppliers of goods and services to the Corporation (including suppliers of goods and services to the Corporation's customers, which are arranged for by the Corporation), where the value of the goods or services supplied by such supplier exceeded $25,000, in each case individually or in the aggregate, during the 12 month period ending on the Balance Sheet Date. (b) True and complete copies of all Contracts with those suppliers of goods and services for the Business (or for customers of the Business) referred to in subsection 4.14(a) have been made available to the Purchaser. The Corporation has not received any written communication that any of such Contracts will not be honoured in the ordinary and usual course of business consistent with the past experience of the Business. (c) Except as disclosed in Schedule 4.14 of the Disclosure Schedules, the Corporation is not subject to any Contract under which the Corporation has made any commitment or is subject to any obligation or would suffer any penalty (financial or otherwise) as a result of a failure to acquire, or arrange for the acquisition of, a specified minimum volume of products or services. (d) Except as disclosed in Schedule 4.14, the Corporation is not subject to any Contract involving a commitment of exclusivity whereby its ability, or the ability of its Affiliates, to acquire goods or services from any Person would be restricted in any manner. (e) To the knowledge of the Corporation, none of the suppliers included in the list referred to in subsection 4.14(a) has any intention to change its relationship or the terms upon which it conducts business with the Corporation, including as a result of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Workstream Inc), Merger Agreement (Workstream Inc)

AutoNDA by SimpleDocs

Major Suppliers. (a) A comprehensive listing of all suppliers of goods and services to the Corporation (including suppliers of goods and services to the Corporation's their respective customers, which are arranged for by the Corporation), where the value of the goods or services supplied by such supplier exceeded $25,000, in each case individually or in the aggregate, during the 12 month period ending on the Balance Sheet DateApril 30, 2001 is attached as Schedule 4.14. (b) True and complete copies of all Contracts with those suppliers of goods and services for the Business (or for customers of the Business) referred to in subsection 4.14(a) have been made available to the Purchaser. The Corporation has not received any oral and/or written communication that that any of such Contracts will not be honoured in the ordinary and usual course of business consistent with the past experience of the Business. (c) Except as disclosed in Schedule 4.14 of the Disclosure Schedules4.14, the Corporation is not subject to any Contract under which the Corporation any of them has made any commitment or is subject to any obligation or would suffer any penalty (financial or otherwise) as a result of a failure to acquire, or arrange for the acquisition of, a specified minimum volume of products or services. (d) Except as disclosed in Schedule 4.14, the Corporation is not subject to any Contract involving a commitment of exclusivity whereby its ability, or the ability of its Affiliates, to acquire goods or services from any Person would be restricted in any manner. (e) To the knowledge of the Corporation, none of the suppliers included in the list referred to in subsection 4.14(a) has any intention to change its relationship or the terms upon which it conducts business with the Corporation, including as a result of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (E Cruiter Com Inc), Merger Agreement (E Cruiter Com Inc)

AutoNDA by SimpleDocs

Major Suppliers. (a) A comprehensive listing of all suppliers of goods and services to the Corporation (including suppliers of goods and services to the Corporation's their respective customers, which are arranged for by the Corporation), where the value of the goods or services supplied by such supplier exceeded $25,00050,000, in each case individually or in the aggregate, during the 12 month period ending on June 30, 2002 is attached as Section 3.14 of the Balance Sheet DateDisclosure Letter. (b) True and complete copies of all Contracts with those suppliers of goods and services for the Business (or for customers of the Business) referred to in subsection 4.14(a3.14(a) have been made available to the Purchaser. The Corporation has not received any oral and/or written communication that that any of such Contracts will not be honoured in the ordinary and usual course of business consistent with the past experience of the Business. (c) Except as disclosed in Schedule 4.14 Section 3.14 of the Disclosure SchedulesLetter, the Corporation is not subject to any Contract under which the Corporation it has made any commitment or is subject to any obligation or would suffer any penalty (financial or otherwise) as a result of a failure to acquire, or arrange for the acquisition of, a specified minimum volume of products or services. (d) Except as disclosed in Schedule 4.14Section 3.14 of the Disclosure Letter, the Corporation is not subject to any Contract involving a commitment of exclusivity whereby its ability, or the ability of its Affiliates, to acquire goods or services from any Person would be restricted in any manner. (e) To the knowledge of the Corporation, none None of the suppliers included in the list referred to in subsection 4.14(a3.14(a) has any delivered written notice of its intention to change its relationship or the terms upon which it conducts business with the Corporation, including as a result of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Workstream Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!