Conduct of the Business Pending the Closing. (a) Prior to the Closing and further to any obligations as debtors-in-possession under the Bankruptcy Code and except (1) as set forth on Schedule 8.2(a), (2) as required by applicable Law, (3) as otherwise expressly contemplated by this Agreement or (4) with the prior written consent of Purchaser (which consent shall not be unreasonably withheld, delayed or conditioned), Sellers shall:
Appears in 2 contracts
Samples: Asset Purchase Agreement (New Century Energy Corp.), Asset Purchase Agreement (New Century Energy Corp.)
Conduct of the Business Pending the Closing. (a) Prior to the Closing and further to any obligations as debtors-in-possession under the Bankruptcy Code and Closing, except (1) as set forth on Schedule 8.2(a9.2(a), (2) as required by applicable LawLaw (including any binding Bankruptcy Court Order), (3) as otherwise expressly contemplated required by this Agreement or (4) with the prior written consent of Purchaser (which consent shall not be unreasonably withheld, delayed conditioned or conditioneddelayed), Sellers shallshall and shall cause the Transferred Entities to:
Appears in 1 contract
Conduct of the Business Pending the Closing. (a) Prior to the Closing Closing, and further subject to any obligations as debtorsdebtor-in-possession under the Bankruptcy Code and except (1) as set forth on Schedule 8.2(a), (2) as required by applicable Law, (32) as otherwise expressly contemplated by this Agreement or (43) with the prior written consent of Purchaser (which consent shall not be unreasonably withheld, delayed or conditioned), Sellers Seller shall:
Appears in 1 contract
Conduct of the Business Pending the Closing. (a) Prior to the Closing and further Closing, subject to any obligations as debtors-in-possession under the Bankruptcy Code (in the case of the Purchased Assets) and except (1) as set forth on Schedule 8.2(a)) of Sellers Disclosure Schedule, (2) as required by applicable Law, (3) as otherwise expressly contemplated by this Agreement or (4) with the prior written consent of Purchaser (which consent shall not be unreasonably withheld, delayed or conditioned)Purchaser, Sellers shall, and shall cause each of their respective Subsidiaries to:
Appears in 1 contract
Conduct of the Business Pending the Closing. (a) Prior to the Closing and further to any obligations as debtors-in-possession under the Bankruptcy Code and Closing, except (1) as set forth on Schedule 8.2(a)required by applicable Law or the Bankruptcy Court, (2) as required by applicable Law, (3) as otherwise expressly contemplated by this Agreement or (43) with the prior written consent of Purchaser (which consent shall not be unreasonably withheld, delayed or conditioned), Sellers shall:):
Appears in 1 contract
Conduct of the Business Pending the Closing. (a) Prior to the Closing and further Closing, subject to any obligations as debtors-in-debtor and debtor in possession under the Bankruptcy Code (including the prosecution of the Bankruptcy Case) and except (1) as set forth on Schedule 8.2(a), (2i) as required by applicable Law, (3ii) as otherwise expressly contemplated by this Agreement Agreement, or (4iii) with the prior written consent of Purchaser (which consent shall not be unreasonably withheld, delayed or conditioned), Sellers the Company shall:
Appears in 1 contract
