Significant Vendor definition
Examples of Significant Vendor in a sentence
Since January 1, 2024, no Significant Vendor or Significant Customer has provided written notice of its intent, or taken any action, to cancel, or materially alter or decrease the volume of payments or sales, or, to the Sellers’ Knowledge, threatened to do any of the foregoing, with respect to any arrangement with the Technology Business.
Seller has no reason to believe that a Significant Customer or Significant Vendor is reasonably likely or will, as a result of the transactions contemplated by this Agreement and all agreements and instruments delivered in connection herewith: (x) not trade with or supply the Seller, (y) reduce substantially its trading with or provision of goods or services to the Seller, or (z) change the terms and conditions on which it is prepared to trade with or supply the Seller.
Since December 31, 2003, no Significant Customer or Significant Vendor has: (a) stopped or indicated its intention to stop trading with or supplying Sellers, (b) materially reduced its trading with or provision of goods or services to Sellers, or (c) changed materially the terms and conditions on which it is prepared to trade with or supply Sellers.
Seller has no Knowledge of any facts, conditions or events that might give rise to a claim by Seller against any of the Significant Customers or Significant Vendors or any claim by such a Significant Customer or Significant Vendor, in each case, relating to the Aerospace Business.
Except as set forth on Schedule 3.18(b), during the prior twelve (12) months, none of the Acquired Entities has received any written notice or other written, or, the Knowledge of the Seller Parties, oral communication from any Significant Vendor that such Significant Vendor has or intends to terminate or materially reduce its relationship with the Acquired Entities.