Open Orders definition

Open Orders means all open orders for goods and services with customers of the Company arising from the Business, together with related purchase orders, contracts, subcontracts and accounts receivable and credit support associated therewith.

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Open Orders means orders for goods and services with customers of the Company under which the Company has unperformed delivery requirements, together with related purchase orders, contracts, subcontracts and accounts receivable and credit support associated with such orders.

Open Orders means open orders for goods and services with customers and suppliers of Seller listed on Schedule 4.06, together with related purchase orders, contracts and subcontracts associated therewith.

Examples of Open Orders in a sentence

• Subject to the adjustment set forth in Section 2.5 below, the purchase price for the Purchased Assets is up to $516,000 payable as follows: (a) $255,000 which shall be paid to Seller's legal counsel as escrow agent on the date hereof and (b) up to $261,000 paid from the amounts collected on accounts receivable outstanding at the time of closing (including future accounts receivable related to Open Orders) ("Closing Receivables") as set forth herein.

• The Seller has no obligation to make any payments to representatives or any other Person on or with respect to Open Orders.

• None of the Open Orders contains any provision providing for the termination of the Open Order or giving any party thereto the right to terminate the Open Order by reason of the sale of a majority of the Shares of the Company, and none of the terms of any Open Order are required to be altered by reason of the execution of this Agreement or the consummation of the transactions contemplated herein.

• All Open Orders are valid, binding and in full force and effect and neither the Company nor the other party thereto is in default thereunder.

• Schedule 4.18 set forth a true and complete list of all Open Orders at the Effective Date.

More Definitions of Open Orders

Open Orders has the meaning specified in Section 2.3.

Open Orders means all open orders for goods and services with customers of the Business, together with all related purchase orders, contracts, subcontracts and accounts receivable and credit support associated therewith.

Open Orders means each order for the purchase of goods from RGPI which have arisen, have been conformed from, or will arise from January 1, 1997 through the term of this Agreement and which have not been filled.

Open Orders has the meaning set forth in Section 2.1(l) below.

Open Orders means all open orders for the sale of merchandise by Linkstar Corporation in connection with the Business.

Open Orders shall have the meaning ascribed thereto in Section 2.1(vi) hereof.

Open Orders means all open orders for Bioabsorbable Implants as set forth on Schedule 2.2 and as subsequently received by MacroPore through the Closing Date, in each case to the extent the Bioabsorbable Implants to which such open orders pertain are shipped prior to the 15th day following the Closing.