Examples of Substantial Supplier in a sentence
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.
No Substantial Customer or Substantial Supplier has been regularly more than 60 days late in making payments due to a Target Group Company.
Since the Accounts Date, no Substantial Supplier has: (a) notified the Acquired Companies, the Vendor or its Affiliates in writing that it intends to terminate its business relationship with the Acquired Companies; or (b) to the knowledge of the Vendor, notified the Acquired Companies, the Vendor or its Affiliates verbally that it intends to terminate its business relationship with the Acquired Companies.
For these purposes, an important customer or source of supply in relation to the Group means any Substantial Customer, Substantial Supplier, or one which in either of the two financial periods immediately preceding the Accounts Date accounted for five (5) per cent.