Operation of the Business of the Acquired Companies. During the Pre-Closing Period, each of the Selling Shareholders shall ensure that, except as specifically described in Part 5.2 of the Disclosure Schedule:
Operation of the Business of the Acquired Companies. Except as set forth in Part 6.2 of the Wxxxxxxxxx Disclosure Letter, between the date of this Agreement and the Closing Date, Wxxxxxxxxx will, and will cause each of the Acquired Companies to:
Operation of the Business of the Acquired Companies. Between the date of this Agreement and the Closing Date, Andal and the Company will and will cause each other Acquired Company to:
Operation of the Business of the Acquired Companies. (a) During the Pre-Closing Period, except as (x) consented to in writing by Purchaser (which consent shall not be unreasonably withheld, conditioned or delayed) or (y) set forth in Section 5.2(a) of the Disclosure Schedule, the Acquired Companies (taken as a whole) shall use its commercially reasonable efforts to:
Operation of the Business of the Acquired Companies. During the Pre-Closing Period, the Company shall ensure that, except (x) as specifically disclosed in Part 4.2 of the Disclosure Schedule or (y) as required by applicable Legal Requirements (including competition laws in India): (a) each Acquired Company (i) conducts its business and operations solely in the ordinary course in all material respects and substantially in the same manner as such business and operations have been conducted before the Agreement Date and (ii) uses its reasonable best efforts to operate in compliance with all applicable Legal Requirements, including Legal Requirements relating to privacy, data security, AML Laws, Anti-Corruption Laws, banking, Export Controls, foreign investment and employment matters; (b) each Acquired Company uses commercially reasonable efforts to preserve intact its current business organization, keep available the services of its current officers and employees (other than employees who are terminated for cause) and maintain its relations and goodwill with all suppliers, customers, landlords, creditors, employees and other Persons having business relationships with any of the Acquired Companies; (c) each Acquired Company prepares and files or causes to be prepared and filed any Tax Returns that are required to be filed on or before the Closing Date and pays all Taxes due with respect to such Tax Returns and all previously filed Tax Returns within the time and in the manner required by applicable Legal Requirements; (d) no Acquired Company makes any political or charitable contribution; (e) no Acquired Company declares, accrues, sets aside or pays any dividend or makes any other distribution in respect of any share capital, membership interest or other security, or repurchases, redeems or otherwise reacquires any shares of capital stock or other securities, except repurchases of shares or forfeitures of options in connection with the termination of the service relationship with any employee or other service provider; provided, however, that the Company may undertake the Convertible Security Liquidity Transactions; (f) no Acquired Company sells, issues, grants or authorizes the issuance or grant of: (i) any share, membership interest or other security; (ii) any option, warrant or right to acquire any share or membership interest (or cash based on the value of any share or membership interest) or other security (except that the Company shall be permitted to issue Company Shares upon the exercise of Company Optio...
Operation of the Business of the Acquired Companies. (a) During the Pre-Closing Period, except (i) to the extent that Purchaser shall otherwise consent in writing (such consent not to be unreasonably withheld, conditioned or delayed), (ii) as expressly contemplated or permitted herein (including with respect to the Spin-Off) or (iii) as set forth in Part 6.2(a) of the Disclosure Schedule, the Company shall, and shall cause each Acquired Company to, conduct the business of each Acquired Company in the Ordinary Course of Business in all material respects, pay all Taxes of each Acquired Company when due and payable (including the timely withholding, collecting, remitting and payment of all Taxes required under Legal Requirements) (subject to Section 6.2(b)(xiii)), and use commercially reasonable efforts to (1) pay or perform all other obligations of each Acquired Company when due and payable and (2) to the extent consistent with such business, preserve intact the present business organization of each Acquired Company, keep available the services of the current Company Service Providers of each Acquired Company, preserve the assets (including intangible assets) and properties of each Acquired Company and preserve the relationships of each Acquired Company with customers and suppliers, distributors, licensors, licensees and others having business dealings with each Acquired Company, all with the goal of preserving unimpaired the goodwill and ongoing business of each Acquired Company at the Closing.
Operation of the Business of the Acquired Companies. (a) During the Pre-Closing Period, each of the Acquired Companies and the Selling Shareholders shall, unless otherwise instructed by the Purchaser in writing pursuant to the terms of the Management Services Agreement:
Operation of the Business of the Acquired Companies. During the Pre-Closing Period, the Company shall ensure that each of the Acquired Companies shall conduct its business and operations in the ordinary course and in substantially the same manner as such business and operations have been conducted prior to the date of this Agreement and each of the Acquired Companies shall use reasonable efforts to preserve intact its current business organization, and maintain its relations and good will with all suppliers, customers, landlords, creditors, employees, merchants and other Persons having material business relationships with the Acquired Companies (other than terminations of employees for cause following reasonable consultation with Parent). Without limiting the generality of the foregoing, during the Pre-Closing Period, none of the Acquired Companies shall:
Operation of the Business of the Acquired Companies. (a) From the date of this Agreement until the Option Closing, the Seller Parties will cause each Acquired Company and the Labor Company to:
Operation of the Business of the Acquired Companies. During the Pre-Closing Period, the Company shall ensure that each of the Acquired Companies shall conduct its business and operations in the ordinary course and in substantially the same manner as such business and operations have been conducted prior to the date of this Agreement, and each of the Acquired Companies shall use reasonable efforts to maintain and preserve intact its current business organization, keep available the services of its current officers and employees and maintain its relations and goodwill with all suppliers, customers, landlords, creditors, employees and other Persons having business relationships with the Acquired Companies (other than terminations of employees for cause). Without limiting the generality of the foregoing, during the Pre-Closing Period, none of the Acquired Companies shall:
