Common use of Continued Operations Clause in Contracts

Continued Operations. Seller will continue to conduct its business up to the date of Closing in essentially the same manner as it has been conducted in the past, and in accordance with all applicable laws and regulations. Until Closing, Seller shall maintain all of its Assets in their present condition. Seller shall use its best efforts to preserve, for Purchaser, the goodwill of vendors, suppliers, customers and others having business relations with it. Prior to Closing, Seller will not sell or transfer any of the Assets which are the subject of this Agreement. Seller has no knowledge of a business termination of a material customer, vendor or supplier.

Appears in 4 contracts

Samples: Agreement (Cadapult Graphic Systems Inc), Asset Purchase Agreement (Cadapult Graphic Systems Inc), Asset Purchase Agreement (Cadapult Graphic Systems Inc)

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Continued Operations. Seller will continue to conduct its business up to the date of Closing in essentially the same manner as it has been conducted in the past, and in accordance with all applicable laws and regulations. Until Closing, Seller shall maintain all of its Assets in their present condition. Seller shall use its best reasonable efforts to preserve, for Purchaser, the goodwill of vendors, suppliers, customers and others having business relations with it. Prior to Closing, Seller will not sell or transfer any of the Assets which are the subject of this AgreementAgreement except in the ordinary course of business. Seller has no knowledge of a business termination of a material customer, vendor or supplier.

Appears in 2 contracts

Samples: Agreement (Cadapult Graphic Systems Inc), Agreement (Cadapult Graphic Systems Inc)

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Continued Operations. Seller will continue to conduct its business up to the date of Closing in essentially the same manner as it has been conducted in the past, and in accordance with all applicable laws and regulations. Until Closing, Seller shall maintain all of its Assets in their present condition. Seller shall use its best efforts to preserve, for Purchaser, the goodwill of vendors, suppliers, customers and others having business relations with itft. Prior to Closing, Seller will not sell or transfer any of the Assets which are the subject of this Agreement. Seller has no knowledge of a business termination of a material customer, vendor or supplier.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cadapult Graphic Systems Inc)

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