Common use of Ordinary Course; Compliance Clause in Contracts

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller shall maintain the Purchased Assets, the Real Estate and Assumed Liabilities consistent with past practice and shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitments. Seller shall use its best efforts to keep the Business organization intact, keep available the services of its present employees and preserve the goodwill of its suppliers, patrons and others having business relations with it. Seller shall maintain in full force and effect its policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clearview Cinema Group Inc)

AutoNDA by SimpleDocs

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller shall maintain the Purchased Assets, Assets and the Real Estate and Assumed Liabilities consistent with past practice and shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitments. Seller shall use its best commercially reasonable efforts to keep the Business organization intact, keep available the services of its present employees and preserve the goodwill of its suppliers, patrons and others having business relations with it. Seller shall maintain in full force and effect its policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Cinema Destinations Corp.)

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller shall maintain the Purchased Assets, Assets and shall cause each Lessor to maintain the Real Estate and Assumed Liabilities Leased Premises consistent with past practice and practice. Seller shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitmentscommitments applicable to the Cinema. Seller shall use its best good faith, commercially reasonable efforts to keep the Business organization intact, keep available the services of its present employees and preserve the goodwill of its suppliers, patrons and others having business relations with it. Seller shall maintain in full force and effect its policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Cinema Destinations Corp.)

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller Sellers shall maintain the Purchased Assets, Assets and shall cause Lessors to maintain the Real Estate and Assumed Liabilities consistent with past practice and practice. Sellers shall comply in a timely fashion with the provisions of all Contracts and Permits and its their other agreements and commitments. Seller Sellers shall use its best good faith, commercially reasonable efforts to keep the Business organization intact, keep available the services of its their present employees and preserve the goodwill of its their suppliers, patrons and others having business relations with itthem. Seller Sellers shall maintain in full force and effect its their policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Digital Cinema Destinations Corp.)

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller Sellers shall professionally maintain the Purchased Assets, the Real Estate Assets and Assumed Liabilities consistent with past practice in good condition and shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitments. Seller Sellers shall use preserve its best efforts to keep the Business organization intact, keep available the services of its present employees and preserve the goodwill of its suppliers, patrons customers and others having business relations with it. Seller Sellers shall maintain in full force and effect its their policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clearview Cinema Group Inc)

AutoNDA by SimpleDocs

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller Sellers shall maintain the Purchased Assets, the Real Estate and Assumed Liabilities Business consistent with past practice and shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitments. Seller Each of the Sellers shall use his or its best efforts to keep the Business organization intact, keep available the services of its the Company's present employees and preserve the goodwill of its suppliers, patrons customers and others having business relations with it. Seller Sellers shall maintain in full force and effect its any policies of insuranceinsurance insuring the Business or the Purchased Assets, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eresource Capital Group Inc)

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller Each of the Sellers shall professionally maintain the their respective Purchased Assets, the Real Estate Assets and Assumed Liabilities consistent with past practice in good condition and shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitments. Seller Each of the Sellers shall use preserve its best efforts to keep the Business organization intact, keep available the services of its present employees and preserve the goodwill of its suppliers, patrons customers and others having business relations with it. Seller Each of the Sellers shall maintain in full force and effect its their policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Clearview Cinema Group Inc)

Ordinary Course; Compliance. The Business shall be conducted only in the ordinary course and consistent with past practice. Seller Sellers shall maintain the Purchased Assets, the Real Estate Assets and Assumed Liabilities consistent with past practice and shall comply in a timely fashion with the provisions of all Contracts and Permits and its other agreements and commitments. Seller Sellers shall use its their best efforts to keep the Business organization intact, keep available the services of its their present employees and preserve the goodwill of its suppliers, patrons customers and others having business relations with it. Seller Sellers shall maintain in full force and effect its their policies of insurance, subject only to variations required by the ordinary operations of the Business, or else shall obtain, prior to the lapse of any such policy, substantially similar coverage with insurers of recognized standing.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mobley Environmental Services Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.