Common use of Purchase Commitments Clause in Contracts

Purchase Commitments. Seller has no purchase commitments for inventory items or supplies in an amount in excess of $25,000 on an annual basis that, together with amounts on hand, constitute in excess of three months normal usage.

Appears in 1 contract

Samples: Asset Purchase Agreement (Macrovision Corp)

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Purchase Commitments. Seller has no purchase commitments for inventory items or supplies in an amount in excess of $25,000 on an annual basis that, together with amounts on hand, constitute in excess of three months normal usage, or which are at an excessive price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Macrovision Corp)

Purchase Commitments. Except as set forth on SCHEDULE 4.16(C), Seller has no purchase commitments for inventory items or supplies in an amount in excess of $25,000 on an annual basis that, together with amounts on hand, constitute in excess of three 6 months normal usageusage and exceeds $100,000 in the aggregate.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hickok Inc)

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Purchase Commitments. Seller has no purchase commitments for inventory items or supplies in an amount in excess of $25,000 on an annual basis that, together with amounts on hand, constitute in excess of three 3 months normal usage, or which are at an excessive price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Zitel Corp)

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