Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures. Documents Retail Note Contract and other transaction documents Receivable File Procedures to be Performed
Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures.
Normal Course of Business. After the date of this Agreement, the Seller shall cause the Business to be carried on in the normal course of business.
Normal Course of Business. Seller shall continue to operate, manage and maintain the Property in such condition so that the Property shall be in the same condition as of the Closing Date as it is as of the Effective Date, reasonable wear and tear and casualty excepted. In no event shall Seller be required to improve the Real Property or to undertake any expenditures resulting in improvement of the Real Property. Seller shall maintain liability and property insurance policies in connection with the Property and shall keep in effect and renew without modification all licenses, permits and entitlements applicable to the Property. Seller's existing liability and property insurance pertaining to the Property will be canceled by Seller as of the Closing Date.
Normal Course of Business. Seller shall use commercially reasonable efforts to continue to operate, manage and maintain the Property in such condition so that the Property shall be in substantially the same condition as of the Closing Date as it was on the Effective Date, ordinary wear and tear excepted. Ordinary wear and tear shall not include any failure by Seller to utilize good maintenance practices. Seller shall maintain all existing insurance policies in connection with the Property. Except as may be required with respect to Seller or Seller’s Property by the REA or the Declaration of Covenants, Conditions and Restrictions for Vintage Park dated December 27, 1985, and recorded December 27, 1985 in the Official Records of the County as Document No. 85138387 Seller’s existing liability and property insurance pertaining to the Property may be canceled by Seller as of the Closing Date. Seller shall not make any material alterations to the Property without the prior written approval of Buyer, which may be withheld in Buyer’s sole discretion.
Normal Course of Business. Seller shall use commercially reasonable efforts to continue to operate, manage and maintain the Property in such condition so that the Property shall be in substantially the same condition as of the Closing Date as it was on the Effective Date, ordinary wear and tear excepted. Ordinary wear and tear shall not include any failure by Seller to utilize good maintenance practices. Seller shall complete before Closing construction necessary to obtain final inspection and sign-off of any issued building permits for the Property relating to Seller’s, and not Buyer’s, occupancy of the Property. Seller shall maintain all existing insurance policies in connection with the Property. Seller’s existing liability and property insurance pertaining to the Property may be canceled by Seller as of the Closing Date. Other than as set forth in Section 8.7, Seller shall not make any material alterations to the Property without the prior written approval of Buyer, which may be withheld in Buyer’s sole discretion.
Normal Course of Business. From the date of this Agreement until the Closing Date, Alpha shall continue to conduct its business and affairs related to the Alpha Rights in the normal and ordinary course of business. Without the prior written consent of SciClone, Alpha shall not take any action, omit to take any required action, or execute or deliver any agreement with respect to the Alpha Rights which is not in the ordinary course of business of Alpha.
Normal Course of Business. Seller shall continue to operate, ------------------------- manage and maintain the Property in such condition so that the Property shall be in the same condition as of the Closing Date as it is as of the Effective Date, reasonable wear and tear and casualty excepted. Following the Effective Date Seller shall operate the Property in accordance with applicable law in all material respects. Seller shall maintain all existing insurance policies in connection with the Property and shall keep in effect and renew all licenses and permits applicable to the Property.
Normal Course of Business. The Successor shall have all the working rights to carry/run on the restaurant Business after the closing date. The Successor will be eligible to transfer all the Electricity, telephonic and related bills in their own name without any obstruction from predecessor to carry on the business in a smooth manner. Subject to the terms and conditions of this Agreement, title to and risk in the Business shall pass to the Successor company at the Closing. The successor company is running the business from the past …………. in the trial phase and has taken all steps to transfer and carry on the business smoothly.
Normal Course of Business. Each of the Partnership and the Company shall have operated its business in the normal course prior to Closing, except as permitted or required under this agreement or the Cellular 2000 Purchase Agreement or by Purchaser in writing, including without limitation the continuation by the Partnership of budgeted capital improvements, and shall have continued to market the Cellular System's services in the normal course of business and in accordance with past practices.
