Examples of Material Customer in a sentence
No Seller Party has received any written notice or, to Seller’s Knowledge, oral notice, from a Material Customer or Material Supplier in the last three (3) years indicating that such Material Customer or Material Supplier intends to terminate or adversely modify its relationship with the RFG Business.
Schedule 3.23 sets forth a list of the Group Companies’ Material Customers and Material Suppliers as measured by the dollar amount of purchases thereby or therefrom, for the year ended December 31, 2023, showing the approximate total sales by the Group Companies to each such Material Customer and the approximate total purchases by the Group Companies from each such Material Supplier, during each such period.
To Seller’s Knowledge, the acquisition of the Purchased Assets by Buyer will not adversely affect the relationship with any Material Customer of the Business.
Since October 31, 2023, except as provided on Schedule 4.24, no Material Customer or Material Supplier has canceled, terminated or adversely modified in any material respect its relationship with the RFG Business and to the Knowledge of Seller, no Material Customer or Material Supplier intends to cancel, terminate or adversely modify in any material respect its relationship with the RFG Business.
In the past twelve (12) months, no Material Customer has (i) canceled or otherwise terminated its relationship with Seller, (ii) materially decreased or, to Seller’s Knowledge, threatened to materially decrease, its purchases from Seller, or (iii) changed or, to Seller’s Knowledge, threatened to change, its payment or pricing terms with respect to Seller or otherwise materially and adversely alter its current agreements, programs or commitments with Seller.