Certain Commitments. Except as set forth on the Disclosure ------------------- Schedule, prior to the Effective Time, the Company shall not, nor shall it permit any of the Subsidiaries (except with the prior written approval of Parent and Purchaser) to, enter into, amend or affirmatively renew any contract, commitment, lease or other transaction (whether of real or personal property) except such contracts, commitments, leases or other transactions that are not material or are in the ordinary course of business and do not involve affiliates of the Company.
Appears in 3 contracts
Sources: Merger Agreement (Cobra Golf Inc), Merger Agreement (Cobra Golf Inc), Merger Agreement (American Brands Inc /De/)