Accounts Payable and Inventory. Except as disclosed in ------------------------------ Section 6.8.1 of the Company Disclosure Letter, since December 31, 1998 to the ------------- date hereof the Company has (i) discharged its material accounts payable and other material current liabilities and obligations in accordance with past practice, and (ii) purchased and maintained inventory in an amount which it reasonably believes to be appropriate for normal seasonal requirements of the Company's business and current business conditions.
Appears in 2 contracts
Sources: Transaction Agreement (Green Equity Investors Iii Lp), Transaction Agreement (North Face Inc)