No New Contracts. From and after the Effective Date until the Closing Date, GTA and Tenant will not enter into any contracts, licenses, easements or other agreements relating to the Transferred Property which will obligate Purchaser (including, without limitation, the purchase of any Inventory that Purchaser is obligated to purchase or otherwise incur the expense for pursuant to the terms of this Agreement) or be a charge or lien against the Transferred Property after the Closing Date without prior written approval of Purchaser, except in the ordinary course of business or which are terminable without penalty on no more than thirty (30) days notice.
No New Contracts. Neither Seller nor any of the Companies shall enter into any material contract, agreement, understanding or arrangement, oral or written, without the prior written consent of Buyer, except for rental agreements relating to Rental Equipment entered into in the ordinary course of operating the Business, and except with respect to the items of Rental Equipment described in Section 1.2(iii). Without limiting the generality of the foregoing, neither Seller nor any of the Companies shall enter into any rental/purchase option agreements, whereby any Person has the right or option to purchase or acquire any item or items of Rental Equipment, or sell or otherwise transfer any item of the Acquired Assets, without the prior written consent of Buyer.
No New Contracts. Not enter into any new contracts or agreements related to the Assets, except contracts to drill on a daywork basis entered into in the ordinary course of business, consistent with past practices and with terms not lasting more than 30 days.
No New Contracts. From the date of this Agreement and continuing until Closing, without the prior written consent of Buyer (which Buyer will not unreasonably withhold, and to which Buyer will use its commercially reasonable efforts to respond to respond within three (3) business days of written request by the Xxxxx-Xxxx Parties for same), and with due consideration of Schedule 3.01(k) hereto, Xxxxx- Xxxx Parties shall not enter into any new material agreements or commitments with respect to the Properties, unless such contract is both consistent with past practices and is a contract that can be terminated upon not more than 90 days prior written notice without penalty or payment for such termination; and the Xxxxx-Xxxx Parties will not materially modify or terminate any of the Leases, Contracts or other agreements relating to the Properties, and will not voluntarily compromise or waive any amounts or claims payable to the Xxxxx-Xxxx Parties due to any casualty loss or any pending or threatened taking related to the Properties.
No New Contracts. Enter into any power sale, maintenance, fuel supply or transportation contracts or make any commitment to do the same in each case, involving the payment of an amount in excess of $500,000 annually or having a termination date after May 31, 1998. Notwithstanding the foregoing, Big Rivers shall be entitled to enter into Pre-Closing Development Agreements with Xxxxxxxxx as contemplated in the "1998 Amendments" (as defined in the Station Two Agreement) for Economic Development Opportunities, provided, that such agreements do not specifically commit Power from any of the Generating Plants from and after the Closing.
No New Contracts. All employment, service and maintenance contracts and any other agreements relating to the Assets to be entered into by the Optionor will be forwarded to the Optionee for its written consent prior to execution (together with such credit and other supporting information as is then in the Optionor’s possession or control), which consent may not be unreasonably withheld. The Optionee will be justified in refusing its consent if any such contract or agreement cannot be terminated at Closing.
No New Contracts. (1) Big Rivers shall not enter into any Power sales contract that commits Energy or Capacity from Station Two, or any maintenance, fuel supply or transportation contracts relating to the operation or maintenance of Station Two or the other Station Two Assets or in furtherance of its obligations under the Station Two Contracts, in any such case, involving the payment or receipt by Big Rivers of an amount in excess of $500,000 annually or having an expiration or termination date after May 31, 1998. Notwithstanding the foregoing or Section 7.2.3 of the Participation Agreement, Big Rivers shall be entitled to enter into Pre-Closing Development Agreements with Xxxxxxxxx as contemplated in the 1998 Amendments for Economic Development Opportunities provided that such agreements do not specifically commit Power from and after the Closing from any of the Generating Plants.
No New Contracts. Seller shall not, without the prior written consent of Buyer, enter into any Contract with respect to the Property that will survive the Closing or will otherwise affect the use, operation or enjoyment of the Property after Closing.
No New Contracts. After Buyer has delivered Buyer's Notice to Proceed, Seller shall not enter into any contract, lease or other agreement that will affect the Property following the Closing, or waive, compromise or settle any rights of Seller under any contract or other agreement that will affect the Property following the Closing, or modify, amend, or terminate any contract or agreement that will affect the Property following the Closing, without in each case obtaining Buyer's prior written consent thereto, which may be withheld in Buyer's sole but reasonable discretion. Seller agrees to terminate prior to the Closing, at no cost or expense to Buyer, any and all agreements or contracts affecting the Property that Buyer advises Seller prior to the end of the Property Approval Period that Buyer does not elect to assume as of the Closing, and Seller shall deliver evidence of such termination to Buyer no later than five (5) days prior to the Closing.
No New Contracts. From and after the date hereof until the Foreclosure Commencement Date, Laurel Owner shall not enter into any new contracts relating to the Mall requiring payments in excess of $1,000 without approval of the Lenders, except in an emergency or as required by law (provided that Laurel Owner shall have given Lenders prior written notice to the extent reasonably possible under the circumstances).
