Common use of Gift Certificates Clause in Contracts

Gift Certificates. Buyer agrees to honor all gift certificates issued by Seller Parties prior to the Closing Date; provided, all gift certificates were issued in bona fide transactions for the benefit of the Operational Spas and in the ordinary course of business, and provided, further, that nothing in this Section 9.9 in any way limits the indemnification obligations in Section 10.2(v).

Appears in 3 contracts

Sources: Asset Purchase Agreement (Steiner Leisure LTD), Asset Purchase Agreement, Asset Purchase Agreement (Steiner Leisure LTD)