Vendors and Customers. Section 3.24 of the Company Disclosure Letter of the Company Disclosure Letter sets forth a true and complete list of (a) the 10 largest vendors or service providers (other than financial institutions) of the Company and the Company Subsidiaries (based on the dollar value of expenditures by the Company and the Company Subsidiaries for the fiscal year 2024) (“Significant Vendors”) and (b) the 10 largest customers of the Company and the Company Subsidiaries (based on the dollar value of revenues to the Company from the fiscal year 2024) (“Significant Customers”), together with amounts paid by or to such Persons during such period. Since January 1, 2025 through the date of this Agreement, none of the Significant Vendors or Significant Customers has reduced in any material respect or otherwise discontinued, or, to the Knowledge of the Company, threatened in writing to materially reduce or discontinue, supplying goods or services to, or purchasing services from, the Company or its Subsidiaries, except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. Since January 1, 2025 through the date of this Agreement, none of the Significant Vendors or Significant Customers has canceled or otherwise terminated, or, to the Knowledge of the Company, threatened in writing, to cancel or otherwise to terminate, its relationship with the Company or its Subsidiaries, except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.
Appears in 1 contract
Sources: Merger Agreement (Air Lease Corp)
Vendors and Customers. Section 3.24 of the Company Disclosure Letter Section 3.26 of the Company Disclosure Letter sets forth a true and complete list as of the date hereof of the ten (a10) the 10 largest vendors or service providers (other than financial institutions) of the Company and the Company its Subsidiaries (based on the dollar value of reasonably expected expenditures by the Company and the Company its Subsidiaries for the fiscal year 2024) (“Significant Vendors”) and the five (b5) the 10 largest customers of the Company and the Company its Subsidiaries (based on the dollar value of reasonably expected revenues to the Company from the and its Subsidiaries for fiscal year 2024) (“Significant Customers”), together with amounts paid by or to such Persons during such period. Since January 1, 2025 through the date of this Agreement, none None of the Significant Vendors or Significant Customers has reduced in any material respect modified, canceled or otherwise discontinuedterminated, or threatened in writing (or, to the Knowledge of the Company, threatened in writing orally) to materially reduce or discontinuemodify, supplying goods or services to, or purchasing services from, the Company or its Subsidiaries, except as would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. Since January 1, 2025 through the date of this Agreement, none of the Significant Vendors or Significant Customers has canceled or otherwise terminated, or, to the Knowledge of the Company, threatened in writing, to cancel or otherwise to terminate, its relationship with the Company or its Subsidiaries, except as would not reasonably be expected to havenot, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Since January 1, 2022, none of the Company or any of its Subsidiaries has been involved in any material claim, dispute or controversy with any Significant Vendor or Significant Customer, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Sources: Merger Agreement (Air Transport Services Group, Inc.)