Common use of Material Customers and Suppliers Clause in Contracts

Material Customers and Suppliers. (a) Section 3.18(a) of the Disclosure Schedules sets forth a true, correct and complete list of the ten (10) largest customers of the Business during the twelve (12)-month period ending on June 30, 2020 (collectively, the “Material Customers”), as measured by the dollar amount of revenue during such period, including the approximate total revenue of the Business from each such customer during such period. No Material Customer has terminated, cancelled, suspended, failed to renew or reduced, or given any Seller or Purchased Entity notice, in writing, that references its intention to terminate, cancel, suspend, fail to renew or reduce its business relationship with the Business, except for such termination, cancellation, suspension, failure to renew or reduction that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. (b) Section 3.18(b) of the Disclosure Schedules sets forth a true, correct and complete list of the ten (10) largest suppliers of the Business during the twelve (12)-month period ending on June 30, 2020 (collectively, the “Material Suppliers”), as measured by the dollar amount of purchases therefrom during such period, including the approximate total purchases by the Business from each such supplier during such period. No Material Supplier has terminated, cancelled, suspended, failed to renew or reduced, or given any Seller or Purchased Entity notice, in writing, that references its intention to terminate, cancel, suspend, fail to renew or reduce its business relationship with the Business, except for such termination, cancellation, suspension, failure to renew or reduction that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Global Eagle Entertainment Inc.), Asset Purchase Agreement

Material Customers and Suppliers. (a) Section 3.18(aSchedule 4.27(a) of the Disclosure Schedules sets forth a true, complete and correct and complete list of the ten (10) largest customers of the Business Company and its Subsidiaries in terms of amounts invoiced to such customers during the twelve fiscal year ended December 31, 1999 and the ten months ended October 31, 2000, respectively (12)-month period ending on June 30each, 2020 (collectively, the “a "Material Customers”Customer"), as measured by showing the dollar total amount of revenue during such period, including the approximate total revenue of the Business from invoiced to each such customer during Material Customer for each such period. No Except as set forth and described on Schedule 4.27(a) , no Material Customer has terminatedgiven the Company or its Subsidiaries any notice terminating, cancelled, suspended, failed to renew or reducedsuspending, or given reducing in any Seller material respect, or Purchased Entity notice, in writing, that references its specifying an intention to terminate, cancel, suspend, fail to renew or reduce its in any material respect in the future, or otherwise reflecting an adverse change in, the business relationship with between such customer and the Business, except for such termination, cancellation, suspension, failure to renew Company or reduction that would not, individually or its Subsidiaries and there has not been any materially adverse change in the aggregatebusiness relationship of the Company or its Subsidiaries with any such customer since December 31, reasonably be expected to have a Material Adverse Effect1999. (b) Section 3.18(bSchedule 4.27(b) of the Disclosure Schedules sets forth a true, complete and correct and complete list of the ten (10) largest suppliers of the Business Company and its Subsidiaries in terms of amounts purchased from such suppliers during the twelve fiscal year ended December 31, 1999 and the ten months ended October 31, 2000, respectively (12)-month period ending on June 30each, 2020 (collectively, the “a "Material Suppliers”Supplier"), as measured by showing the dollar total amount of purchases therefrom during such period, including the approximate total purchases by the Business purchased from each such supplier during Material Supplier for each such period. No Material Supplier Schedule 4.27(b) also correctly identifies all current outstanding purchase orders of the Company and its Subsidiaries for goods or services with an aggregate value of $25,000 or more. Except as set forth on Schedule 4.27(b), no supplier identified on Schedule 4.27(b) has terminatedgiven the Company or its Subsidiaries any notice terminating, cancelled, suspended, failed to renew or reducedsuspending, or given reducing in any Seller material respect, or Purchased Entity notice, in writing, that references its specifying an intention to terminate, cancel, suspend, fail to renew or reduce its in any material respect in the future, or otherwise reflecting an adverse change in, the business relationship with between such supplier and the Business, except for such termination, cancellation, suspension, failure to renew Company or reduction that would not, individually or its Subsidiaries and there has not been any materially adverse change in the aggregatebusiness relationship of the Company or its Subsidiaries with any such supplier since December 31, reasonably be expected to have a Material Adverse Effect1999.

Appears in 1 contract

Sources: Merger Agreement (Pixelworks Inc)

Material Customers and Suppliers. (a) Section 3.18(a) of the Disclosure Schedules sets forth The Company has delivered to Parent a true, complete and correct and complete list of the ten (10) largest customers of the Business Company and its Subsidiaries in terms of amounts invoiced to such customers during the twelve fiscal year ended December 31, 2000 and the ten months ended October 31, 2001, respectively (12)-month period ending on June 30each, 2020 (collectively, the “a "Material Customers”Customer"), as measured by showing the dollar total amount of revenue during such period, including the approximate total revenue of the Business from invoiced to each such customer during Material Customer for each such period. No Except as set forth and described on Schedule 2.27(a), no Material Customer has terminatedgiven the Company or its Subsidiaries any notice terminating, cancelled, suspended, failed to renew suspending or reducedreducing in any material respect, or given any Seller or Purchased Entity notice, in writing, that references its specifying an intention to terminate, cancel, suspend, fail to renew suspend or reduce its in any material respect in the future, or otherwise reflecting an adverse change in, the business relationship with between such customer and the BusinessCompany or its Subsidiaries and to the Company's knowledge, except for such terminationsince December 31, cancellation, suspension, failure to renew or reduction that would not, individually or 2000 there has not been a materially adverse change in the aggregatebusiness relationship of the Company with its customers, reasonably be expected to have taken as a Material Adverse Effectwhole. (b) Section 3.18(b) of the Disclosure Schedules sets forth The Company has delivered to Parent a true, complete and correct and complete list of the ten (10) largest suppliers of the Business Company and its Subsidiaries in terms of amounts purchased from such suppliers during the twelve fiscal year ended December 31, 2000 and the ten months ended October 31, 2001, respectively (12)-month period ending on June 30each, 2020 (collectively, the “a "Material Suppliers”Supplier"), as measured by showing the dollar total amount of purchases therefrom during such period, including the approximate total purchases by the Business purchased from each such supplier during Material Supplier for each such periodperiod and identifying all current outstanding purchase orders of the Company and its Subsidiaries for goods or services with an aggregate value of $25,000 or more. No Except as set forth on Schedule 2.27(b), no Material Supplier has terminatedgiven the Company or its Subsidiaries any notice terminating, cancelled, suspended, failed to renew suspending or reducedreducing in any material respect, or given any Seller or Purchased Entity notice, in writing, that references its specifying an intention to terminate, cancel, suspend, fail to renew suspend or reduce its in any material respect in the future, or otherwise reflecting an adverse change in, the business relationship with between such supplier and the BusinessCompany or its Subsidiaries and to the Company's knowledge, except for such terminationsince December 31, cancellation, suspension, failure to renew or reduction that would not, individually or 2000 there has not been a materially adverse change in the aggregatebusiness relationship of the Company with its suppliers, reasonably be expected to have taken a Material Adverse Effectwhole.

Appears in 1 contract

Sources: Merger Agreement (Pixelworks Inc)