Examples of Significant Distributor in a sentence
No Significant Distributor has terminated, materially reduced or threatened in writing to terminate or materially reduce its acquisition or distribution of products or services of the Company, or otherwise materially and adversely revised the terms upon which it acquires or distributes products or service of the Company (or proposed in writing any such material, adverse revision).
As of the date hereof, none of Seller, any Selling Affiliate or any Transferred Company has received any written notice that any Significant Distributor has ceased or will cease to act as a distributor of the Business or that such Significant Distributor intends to terminate or materially modify existing Contracts with Seller, any Selling Affiliate or any Transferred Company.
There is no dispute pending or, to Seller’s Knowledge, threatened with or by any Significant Distributor with respect to its business relationship with the Business.
To the Knowledge of Seller, no such Significant Supplier, Significant Distributor, Sole Source Supplier or other material supplier, vendor, collaborator, distributor or licensor has any plan or intention, and has not threatened in writing, to terminate, cancel or otherwise materially modify its relationship with Seller or any Seller Entity.
The Company has not received any information from any Significant Distributor that such Significant Distributor shall not continue as a distributor of the Company (or the Surviving Company or Acquirer) after the Closing or that such Significant Distributor intends to terminate or materially modify existing Contracts with the Company (or the Surviving Company or Acquirer).
Since May 31, 2017, no Significant Distributor has canceled or otherwise adversely modified in any material respect, any Contract related to the Business (and neither Seller nor its Affiliates have received since May 31, 2017, any written notice or other communication of any intention to do so).
Except as set forth on Part 2.26 of the Disclosure Schedule, as of the date hereof, the Company has not received any notice that any Significant Distributor has ceased to sell the products, equipment, goods or services of the Business or written notice that a Significant Distributor will cease or substantially reduce, the sale or use of such products, equipment, goods or services.
Seller is not involved in any claim, dispute or controversy with any (i) Significant Distributor or any other direct customers of the Business or (ii) Significant Supplier, Sole Source Supplier or any other direct supplier of the Business.
Be- cause of the relatively high cost of seek times and rotational latencies, amortization is necessary in order to approach the disk’s streaming efficiency when sharing the disk with other workloads.
The Company has not received any information from any Significant Distributor that such Significant Distributor is reasonably likely to not continue as a distributor, publisher or reseller of the Company (or the Surviving Corporation or Parent) after the date of this Agreement or that such customer intends to terminate or materially modify existing Contracts with the Company (or the Surviving Corporation or Parent).