Normal Course Sample Clauses

Normal Course. Seller shall have operated the Assets in the normal and ordinary course of business since at least March 21, 1989, and shall have paid or caused to be paid promptly when due all city, county and state ad valorem taxes and similar taxes and assessments and all utility charges and assessments imposed upon or assessed against the Assets and/or Premises prior to the Closing. Seller shall exercise its best efforts to preserve the goodwill of the employees, patients, suppliers and others having business relationships with the Business through Closing.
Normal Course. (a) Hormos. From the date hereof until the Closing, Hormos shall: (i) maintain its corporate existence; (ii) maintain the general character of its business; (iii) maintain in effect all of its presently existing insurance coverage (or substantially equivalent insurance coverage); (iv) preserve intact in all material respects its business organization, preserve its goodwill and the confidentiality of its business know how, exercise reasonable efforts to keep available the services of its current officers and employees and preserve its present material business relationships with its collaborators, licensors, customers, suppliers and other Persons with which it has material business relations; (v) comply with the terms of the TEKES Loans and use the TEKES Loans only for the projects designated by TEKES in accordance with the terms of the TEKES Loans, (vi) preserve and maintain its Intellectual Property, including by paying all registration, maintenance and renewal fees in respect of its patents; and (vii) in all respects conduct its business only in the usual and ordinary manner consistent with past practice and perform all Contracts.
Normal Course. From the date hereof until the Closing Date, the Company shall, except as otherwise expressly contemplated by this Agreement (including the Disclosure Schedules herein) or as consented to by Buyer in writing, use its commercially reasonable efforts to (a)(i) maintain, in all material respects, its business organization and the Business, (ii) preserve its goodwill and the confidentiality of its business know-how, and (iii) preserve its present material business relationships; and (b) conduct the Business in the ordinary course of business; provided, however, that the foregoing notwithstanding, the Company may use all available cash to repay any Indebtedness or make cash distributions at or prior to the Closing so long as such distributions do not impair the ability of the Company to fulfill its obligations in the ordinary course of business.
Normal Course. (l) During the period from the date of this Agreement to the earlier of the completion of the Acquisition or termination of this Agreement, BSI will operate its business in the usual and ordinary course and will not declare any dividend on, or make other distributions in respect of its outstanding shares, make any distribution, payment or repayment to any non-arm’s length party, enter into any non-arm’s length contracts, issue any securities (other than on the exercise of convertible securities that are currently outstanding), or make any bonus payments to or increase the compensation or benefits of any directors, officer or employee, other than in the usual and ordinary course of business consistent with past practice or pursuant to existing contractual agreements. Exclusive Dealing
Normal Course. From the date hereof until the Closing Date, except as otherwise expressly contemplated by this Agreement the Company covenants that it will do, and will cause its subsidiaries to do, the following:
Normal Course. From the date hereof until the Closing, LifeTime and the LifeTime Representatives will use their good faith commercially reasonable efforts to (a) maintain LifeTime's corporate existence in good standing; (b) maintain in effect all of LifeTime's presently existing insurance coverage (or substantially equivalent insurance coverage); (c) preserve LifeTime's business organization substantially intact, keep the services of its present principal employees and preserve its present business relationships with its customers and suppliers; and (d) in all respects conduct the LifeTime Business in the usual and ordinary manner consistent with past practice and perform in all material respects all Contracts.
Normal Course. Purchases 754