Open Purchase Orders. In the event this Agreement is terminated by FRESENIUS pursuant to Section 14.2, FRESENIUS may terminate or fill, at its option, any open firm purchase orders for Product. In the event this Agreement is not renewed or is terminated by CSI pursuant to Section 14.2, CSI may terminate or require FRESENIUS to fill, at CSI’s option, any open firm purchase orders for Product.
Open Purchase Orders. At least fourteen (14) days before Closing, but no more than twenty-one (21) days before Closing, Seller shall deliver to Buyer a true, complete and accurate detailed list of all open purchase orders with suppliers for any Acquired Inventory.
Open Purchase Orders. Section 3.17(b) of the Disclosure Schedule sets forth the aggregate amount to be paid by the Company or any Company Subsidiary pursuant to all contracts or commitments for the purchase of supplies involving (in each case) payments in excess of $50,000 by it as of June 30, 2000, all of which orders, contracts and commitments have been made in the ordinary course of business.
Open Purchase Orders. At the end of each month, Food Manager shall prepare an open purchase order list and forward the same to Hotel Manager's Regional Accounting Office (presently located in Cincinnati, Ohio). This list shall contain all purchase orders for items that have been received but have not been processed for payment. This procedure will allow Hotel Manager to ensure that all expenses are accrued for the month in which the purchase was realized. EXHIBIT 2 GUEST QUARTERS - CHICAGO STATEMENT OF INCOME GL0322 PERIOD-12 FISCAL 1994 1/15/95 PAGE 1 19.34.01 12/01/94 - 12/31/94 CURRENT PERIOD ------------------------------------------------------------------------------------------------- ACTUAL % BUDGET % LAST YEAR % ------------------------------------------------------------------------------------------------- STATISTICS 10,695 10,695 10,695 TOTAL ROOMS AVAIL 5,901 5,301 5,406 PAID ROOMS OCC. 55.2 49.6 50.6 % OF OCCUPANCY 121.28 117.98 114.64 AVERAGE RATE MEMO STATISTICS INCLUDING COMPS: 6,133 5,301 5,406 TTL ROOMS OCC. 57.3 49.6 50.6 % OF OCCUPANCY REVENUES 715,653 62.6 625,436 66.0 619,766 64.3 ROOMS 298,927 26.2 237,273 25.0 256,272 26.6 FOOD & BEVERAGE 18,656 1.6 22,793 2.4 13,473 1.4 TELEPHONE 47,773 4.2 46,451 4.9 39,969 4.2 MINOR OPER DEPTS 61,542 5.4 16,081 1.7 33,898 3.5 RENT & OTHER 1,142,551 100.0 948,034 100.0 963,398 100.0 TOTAL REVENUES OPERATING COSTS 155,737 21.8 158,457 25.3 167,176 27.0 ROOMS 280,729 93.9 195,596 82.4 208,238 81.3 FOOD & BEVERAGE 17,781 95.3 15,731 69.0 20,592 152.8 TELEPHONE 54,568 114.2 41,325 89.0 43,732 109.4 MINOR OPER DEPTS 4,394 7.1 6,796 42.3 5,516 16.3 RENT & OTHER 513,210 44.9 417,905 44.1 445,254 46.2 TOTAL OPER COST 629,341 55.1 530,129 55.9 518,144 53.8 OPRERATING PROFIT UNDISTRIB OPER. EXP. 112,404 9.8 104,045 11.0 104,945 10.9 ADMINISTRATIVE 14,232 - 1.3 119,985 12.7 107,621 11.2 MARKETING 82,036 7.2 67,557 7.1 56,638 5.9 PROPERTY MAINT 27,170 2.4 45,080 4.8 32,054 3.3 ENERGY 207,378 18.2 336,667 35.5 301,257 31.3 TOTAL UNDISTRIB 421,963 36.9 193,462 20.4 216,887 22.5 GROSS OPER. PROFIT 41,477 3.6 37,791 4.0 38,792 4.0 MANAGEMENT FEES 380,486 33.3 155,671 16.4 178,095 18.5 INCOME BEF FIX CHG. 153,642 13.5 90,519 9.6 106,493 11.1 RENT TAXES & INS. 447,394 39.2 423,657 44.7 432,406 44.9 INTEREST 37,734 - 3.3 1,500 .2 16,585 - 1.7 OWNERS EXPENSE 182,817 - 16.0 360,005 - 38.0 344,219 - 35.7 INC BEF DEPR/AMORT 393,560 34.5 277,659 28.8 DEP & AMORT. 576,376 - 50.5 360,005 - 38.0 621,878 - 64.6 INCOME BEFORE TAXES 447,394 39.2 4...
Open Purchase Orders. Agent agrees to pay the vendors (or to reimburse Merchant, as the case may be) amounts due (less any discounts obtained by Agent or its Representatives) under the Open Purchase Orders for Inventory for which Merchant has taken receipt, with such payment made as and when such Open Purchase Orders become due and payable.
Open Purchase Orders. With respect to uncompleted purchase orders for the purchase of goods from the Transferred Business that are held as of the Closing Date by Nordson or any of the Nordson Retained Subsidiaries, the applicable Nordson entity shall transfer such uncompleted purchase order to Xxxxxxx as of the Closing Date, and Xxxxxxx shall assume such uncompleted purchase order and shall cause the applicable Transferred Entity to complete the uncompleted purchase order and honor all obligations thereunder. On the Closing Date, Nordson shall provide Xxxxxxx with a list of all such uncompleted purchase orders existing as of that date.
Open Purchase Orders. On or before 5:00 p.m. Burlingame, California time on the day prior to Closing, Seller shall deliver to Buyer a list, itemized with reasonable particularity, of any open purchase orders in excess of $5,000 to acquire raw materials, supplies or other personal property for use at the Business. Seller shall make available to Buyer for inspection and copying all documentation with respect to such open purchase orders. All open purchase orders, regardless of whether over or under $5,000 shall be deemed to be Other Agreements and shall be assumed by, and assigned to, Buyer at Closing. The materials and supplies acquired pursuant to open purchase orders are included in Inventory, but shall not be included in the Purchase Price under Section 3.1.
Open Purchase Orders. The parties understand that Fabrinet may incur costs assessed by vendors for the cancellation of component orders with long lead times. In the event that Fabrinet is assessed any such costs, Finisar shall reimburse Fabrinet for all such costs, provided that such costs are for Supplies to be produced per the Master Schedule and rolling forecasts. Fabrinet agrees to notify vendors of any cancellation within 24 hours of receipt of notice of cancellation from Finisar. Fabrinet further agrees to audit a vendor’s assessment and will make the results of such audit available to Finisar.
Open Purchase Orders. Termination or expiration of this Agreement will not relieve either Party of any obligation incurred hereunder prior to such termination or expiration. Each Party will be entitled to cancel any outstanding purchase orders, to the extent Products have not been delivered to Suneva; provided, however, that, subject to payment in advance to Supplier, Suneva shall be entitled to receive Products necessary to fill valid and binding purchase orders accepted by Suneva prior to notification of termination of this Agreement. Prior to filling orders for such Products, Supplier shall be entitled to request and receive from Suneva documentary evidence of all such outstanding purchase orders and an accounting of Suneva’s existing inventory of Products.
Open Purchase Orders. Schedule 2.5 heretofore delivered to Purchaser and certified as true and correct by the President of Sedeco, sets forth a true and complete list of all open purchase orders of Sedeco relating to leases arranged by Omni Leasing Corporation which have been shipped but have not yet been paid for (collectively, the "Pending Orders"). On January 18, 1997, the Shareholder shall reimburse (the "Pending Order Reimbursement") Purchaser an amount equal to the aggregate unpaid purchase price for the Pending Orders. Purchaser shall have the right, at its option, to set-off the Pending Order Reimbursement against the payment due to the Shareholder under the Promissory Note. If, following January 18, 1997, Purchaser sells any equipment subject to the Pending Orders which has been reacquired by Sedeco or collects payment on Pending Orders, the net proceeds thereof will be refunded to the Shareholder by Sedeco.
