Common use of Orders, Commitments and Returns Clause in Contracts

Orders, Commitments and Returns. As of the date of this Agreement, there are no claims against the Company to return in excess of an aggregate of $300,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of merchandise in the hands of customers under an understanding that such merchandise would be returnable.

Appears in 3 contracts

Samples: Merger Agreement (Vixel Corp), Merger Agreement (Emulex Corp /De/), Merger Agreement (Emulex Corp /De/)

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Orders, Commitments and Returns. As of the date of this Agreement, there are no claims against the Company or any of its subsidiaries to return in excess of an aggregate of $300,000 25,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of merchandise in the hands of customers under an understanding that such merchandise would be returnable.

Appears in 3 contracts

Samples: Merger Agreement (Ault Inc), Merger Agreement (Sl Industries Inc), Merger Agreement (Sl Industries Inc)

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Orders, Commitments and Returns. As of the date of this Agreement, there are no claims against the Company to return in excess of an aggregate of $300,000 100,000 of merchandise by reason of alleged overshipments, defective merchandise or otherwise, or of merchandise in the hands of customers under an understanding that such merchandise would be returnable.

Appears in 2 contracts

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

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