Substantial Customer definition

Substantial Customer means a Customer accounting for five per cent, or more of the Company’s sales in the financial year ended on the Accounts Date; and

Substantial Customer means a customer accounting for more than five per cent. of the Group's sales in the financial year ended on the Accounts Date;

Substantial Customer means those customers of the Target Group set forth in Schedule 3.12(c) of the Seller Disclosure Schedule.

Examples of Substantial Customer in a sentence

• Neither the Company nor any of its Subsidiaries has violated any provision of, or committed or failed to perform any act which, with or without notice, lapse of time or both would constitute a default under the provisions of, any Substantial Customer Contract, except in each case for those violations and defaults which, individually or in the aggregate, would not reasonably be expected to be material to the Company and its Subsidiaries, taken as a whole.

• Neither the Company nor any of its Subsidiaries has violated any provision of, or committed or failed to perform any act which, with or without notice, lapse of time or both would constitute a default under the provisions of, any Substantial Customer Contract, except in each case for those violations and defaults which, individually or in the aggregate, would not reasonably be expected to result in a Company Material Adverse Effect.

• So far as Champion Regal is aware, no cessation or substantial reduction in trade or change in terms of trade by any such Substantial Customer or Substantial Supplier is likely after Closing.

• During the 12 months preceding the date of this Agreement there has been no substantial change in the basis or terms on which any Substantial Customer or Substantial Supplier is prepared to enter into contracts or do business with the Company (apart from normal price changes) and the Company has not received written notice of any such change.

• The Daily Perc believes it has a significant competitive advantage over these chains because of the following benefits: • Drive-thru Service• More Substantial Customer Service• Community Benefit• Mobile Cafes• Selection• Higher Product Quality Local Cafes: The toughest competitor for The Daily Perc is the established locally owned cafe.

More Definitions of Substantial Customer

Substantial Customer means a customer accounting for more than five per cent. the Group's sales in the financial year ended on the Accounts Date, as well any person who is reasonably expected to become such a customer in the 12 months following the date hereof;

Substantial Customer means the ten largest customers of the Group measured by the share of the Group's gross revenues attributable to them for the twelve months ending on 31 December 2005;

Substantial Customer means a customer accounting for not less than (pound)100,000 of commission income earned by the Group per annum and "substantial supplier" means a supplier receiving not less than (pound)100,000 per annum from the Group.

Substantial Customer has the meaning specified in paragraph 51.2 of Schedule 4

Substantial Customer means the nine (9) largest customers of the Acquired Companies by value for the 12-month period ended on the Accounts Date.

Substantial Customer means the top twenty (20) customers in relation to the Group’s revenue over the twenty four (24) months immediately preceding the date of this Deed;

Substantial Customer a customer accounting for more than £50,000 of the Company’s sales in the financial year ended on the Last Accounts Date;