Common use of Conditional Sales Clause in Contracts

Conditional Sales. The Company Parties shall not make any sale to any customer on a b▇▇▇-and-hold, guaranteed sale, sale and return, sale on approval, consignment or any other repurchase or return basis, other than in the ordinary course of business consistent with prior practice.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Levine Leichtman Capital Partners Iii Lp), Securities Purchase Agreement (Butler International Inc /Md/)

Conditional Sales. The No Company Parties Party shall not make any sale to any customer on a b▇▇▇-and-hold, guaranteed sale, sale and return, sale on approval, consignment or any other repurchase or return basis, other than in the ordinary course of business consistent with prior practiceperiods.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Quiznos Corp), Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp)