Common use of Principal Customers Clause in Contracts

Principal Customers. 12.1 The Disclosed Information includes a list of 35 (thirty-five) customers of the EDS Business which are the top 10 or 5 (as applicable) per market by value of sales made in such market by the EDS Entities or members of the Seller’s Group involved in the EDS Business), as calculated for the 12 month period ending on the Accounts Date and excluding any members of the Seller’s Group (each such customer being a “Substantial Customer”). 12.2 During the 12 months preceding the Signing date, no Substantial Customer has ceased to deal with the EDS Business or has given written notice that it will cease to deal with the EDS Business, or has materially changed or has given written notice that it intends to materially change the terms upon which it trades with the EDS Entities or members of the Seller’s Group involved in the EDS Business.

Appears in 4 contracts

Samples: Share and Asset Purchase Agreement (Huntsman International LLC), Share and Asset Purchase Agreement (Innospec Inc.), Share and Asset Purchase Agreement (Innospec Inc.)

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