Common use of Orders, Commitments and Returns Clause in Contracts

Orders, Commitments and Returns. All accepted and unfulfilled orders for the sale of products and the performance of services entered into by the Company and all outstanding contracts or commitments for the purchase of supplies, materials and services by or from the Company were made in bona fide transactions in the ordinary course of business. There are no material claims against the Company to return products by reason of alleged over-shipments, defective products or otherwise, or of products in the hands of customers, retailers or distributors under an understanding that such products would be returnable.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Ats Medical Inc), Option and Asset Purchase Agreement (Ats Medical Inc)

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Orders, Commitments and Returns. All accepted and unfulfilled orders for the sale of products and the performance of services entered into by the Company GoSolutions and all outstanding contracts or commitments for the purchase of supplies, materials and services by or from the Company GoSolutions were made in bona fide transactions in the ordinary course of business. There are no material claims against the Company GoSolutions to return products by reason of alleged over-shipments, defective products or otherwise, or of products in the hands of customers, retailers or distributors under an understanding that such products would be returnable.

Appears in 2 contracts

Samples: Merger Agreement (Villageedocs Inc), Agreement and Plan of Reorganization (Villageedocs Inc)

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