Common use of Conditional Sales Clause in Contracts

Conditional Sales. The Company Parties shall not, and shall not permit any Subsidiary to, make any sale to any customer on a ▇▇▇▇-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 periods.

Appears in 2 contracts

Sources: Securities Purchase Agreement (Levine Leichtman Capital Partners Ii Lp), Securities Purchase Agreement (Interdent Inc)

Conditional Sales. The No Company Party shall, and the Company Parties shall not, and shall not permit any Subsidiary of their Subsidiaries to, make any sale to any customer on a ▇▇▇▇-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 periods.

Appears in 1 contract

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