Operations until Closing Sample Clauses

Operations until Closing. Except as expressly otherwise provided in this Agreement or as may be otherwise required by any Governmental Authority having jurisdiction of Company, unless otherwise agreed or consented to in writing by HBI, which agreement or consent shall not be unreasonably withheld or delayed, from the Agreement Date to the Closing:
Operations until Closing. 8.1 From the Signing Date until Closing, except as required by the transactions contemplated by this Agreement, Schedule 6.8, or with the Buyer’s prior written consent (not to be unreasonably withheld, conditioned or delayed), the Sellers will procure that the Group continues to operate in the ordinary course of business in accordance with past practice and that each Group Company:
Operations until Closing. Between the date of this Agreement and the Closing Date, Prosoft shall (and, as applicable, shall cause each of its Subsidiaries to):
Operations until Closing. Until the Closing, Seller has caused the Assets to be operated in a prudent manner, consistent with past practice, in compliance with applicable law and the Leases and Material Agreements, and has not made any significant commitment with respect to the Assets or elected to participate or not to participate in the drilling, completing, reworking, or plugging of any well on the Leases or amended or waived any right under or entered into any material contract or made any significant change in the marketing of production from the Xxxxx or created any Encumbrance on the Assets or sold or disposed of any portion of or interest in the Assets (other than the sale of Oil and Gas in the ordinary course of business). Seller has kept Buyer promptly informed regarding all material developments relating to the Assets.
Operations until Closing. Seller agrees that is shall not between the date hereof and the Closing date, enter into any transaction affecting the properties to be sold hereunder other than in the usual and ordinary course of business. Seller agrees to maintain in effect insurance policies on the property, up to and including the Closing date hereunder or through December 31, 2000.
AutoNDA by SimpleDocs
Operations until Closing. 5.1 The Seller undertakes to procure that, in the period from the Signing Date until Closing, (i) the Group operates its business in the ordinary course and in accordance with past practice, (ii) the Group takes all reasonable steps to preserve and protect its business, assets and goodwill associated with its business and operations, including its relationships with all material customers, suppliers, distributors and any governmental body in the ordinary and usual course of business and consistent with past practices, and (iii) the Group uses all reasonable efforts to obtain (in consultation with the Buyer) any consents, approvals, or authorizations of any person (which may be conditioned on the consummation of the transactions contemplated by this Agreement) that may be required by any lease for any material leased property, lease for any material asset, or any Material Contract or material permit in connection with the consummation of the transactions contemplated by this Agreement (other than any Merger Clearance Approvals, which shall be governed by clause 6.5), and the Buyer shall use all reasonable efforts to cooperate with the Group in connection with this sub-clause (iii); provided that in obtaining any such consents, approvals or authorizations, neither the Seller nor the Group shall, without the prior written consent of the Buyer (not to be unreasonably withheld, conditioned or delayed), (a) amend any lease for any leased property, lease for any material asset or material permit, (b) commit to make any payments other than cash payments that will be paid in full prior to Closing or (c) make any monetary concession that would purport to bind the Buyer or its Affiliates (including the Group) after Closing.
Operations until Closing. Between the date of this Agreement and the Closing Date the Seller shall:ons Until Closing
Operations until Closing. Except as otherwise provided in this Agreement or as otherwise agreed in writing by the Purchaser, the Vendor will, and will cause the Subsidiary to, during the Interim Period:
Time is Money Join Law Insider Premium to draft better contracts faster.