Conduct Business. Duly authorized representatives of the BTU-TSP and its respective affiliates may, with approval, be permitted to transact official union business on school district property at all reasonable times, provided that this shall not interfere with or disrupt normal school district operations. Approval will not be unreasonably withheld.
Conduct Business. Credit Parties will conduct their businesses as now conducted and do all things necessary to preserve, renew and keep in full force and effect their rights and franchises necessary to continue such businesses.
Conduct Business. Such Originator will carry on and conduct its business in substantially the same manner in substantially the same fields of enterprise as it is presently conducted and will do all things reasonably necessary to remain duly organized, validly existing and in good standing as an entity in its jurisdiction of organization and maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted if the failure to have such due organization, valid existence or good standing or to have such authority would reasonably be expected to have a Material Adverse Effect.
Conduct Business. Each Obligor shall conduct and maintain its business in a proper and efficient manner and in accordance with normal commercial business practices for a business of that type, and not do anything which would substantially change the nature of the business of the Group taken as a whole from that conducted at the date of this Agreement.
Conduct Business. The Parties acknowledge and agree that notwithstanding anything herein to the contrary, this Agreement does not (i) restrict the ability of either Party or its Representatives to engage in its business (including developing and participating in additional lines of business), (ii) prevent a Party or its Representatives from competing with or against the other Party, and (iii) limit the Receiving Party’s or its Representatives’ use or application of any information or knowledge acquired without breach of this Agreement. Each Party further acknowledges and agrees that the other Party may already possess or have developed or market products, services, concepts, ideas or systems similar to or competitive with those of the other Party disclosed in the Confidential Information. In addition to the foregoing, the Receiving Party or its Representatives may be currently or in the future developing information, products, services, concepts, ideas and systems internally, or receiving information from other parties that may be similar to all or part of Disclosing Party’s Confidential Information. Accordingly, nothing in this Agreement shall be construed as a representation, warranty, covenant or declaration that Receiving Party or its Representatives will not develop (or has not developed) products, services, concepts, ideas or systems that, without violation of this Agreement, might compete with the products, services, concepts, ideas or systems contemplated by Disclosing Party’s Confidential Information.
Conduct Business. Prior to the Closing and pending the effective date hereof, neither VLI, NDS, nor the Stockholders, without the prior written consent of the other parties, will declare or pay any dividend on any shares of its capital stock in excess of the amount paid thereon in the preceding calendar quarter year, or make any other distribution of its assets, except in the ordinary course of business, or increase the number of its shares of capital stock outstanding except by reason of the conversion or redemption of presently outstanding Class A Preferred Stock or Class B Convertible Stock of NDS. The record dates for determining the holders of VLI Common Shares and the holders of NDS Common Shares entitled to receive such dividends as the Board of Directors of VLI and the Board of Directors of NDS, respectively, may, subject to the preceding sentence, declare prior to the Closing, shall be the date hereof, and no other dates.
Conduct Business. The Company agrees that at all times prior to the termination of this Agreement, unless otherwise agreed in writing by the Consenting Lock-up Noteholders, that it shall not (i) directly or indirectly engage in, agree to, or consummate any transaction outside the ordinary course of its business (other than the Financial Restructuring) or (ii) enter into any transaction or perform any act which would constitute any breach of any of its representations, warranties, covenants or obligations hereunder.
Conduct Business carry on and continuously conduct its businesses, activities and operations in an efficient, diligent and businesslike manner and in accordance with good industry practices unless failure to do so would not have a Material Adverse Effect on the Guarantor;
Conduct Business. Borrower will continue to conduct, and will cause each other Loan Party to continue to conduct, its primary business of owning, operating and franchising restaurants.