Ordinary Operations Sample Clauses

Ordinary Operations. Since the Effective Date, the Company has not:
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Ordinary Operations. The Borrowers shall operate their business in the usual, regular and ordinary course so as to maintain the goodwill it now enjoys, and to use all reasonable efforts, preserve and maintain its present business organization, keep available the service of its present employees, and preserve its relationship with suppliers, customers and other having business dealings with it.
Sample 1
Ordinary Operations. Between the date of this Agreement and the Closing, Sellers shall operate and maintain the Project (or cause the Project to be operated and maintained) in the ordinary course of business and consistent with past procedures and practices heretofore followed in connection with the operation and maintenance of the Project. Without limiting the foregoing, Sellers shall maintain all current insurance covering the Project and any portion thereof. At Closing, Sellers shall be required to terminate all existing property management (other than hotel management) and leasing agreements for the Project to which any Seller is a party, at Sellers' sole cost, effective as of the Closing. With respect to any tenant estoppels obtained by Sellers, Seller shall advise Purchaser of any changes (of which Seller is aware) to the matters set forth in such estoppel.
Sample 1
Ordinary Operations. The Borrowers shall use all reasonable efforts to operate their business in the usual, regular and ordinary course so as to maintain the goodwill it now enjoys, and to use all reasonable efforts to preserve and maintain its present business organization, keep available the service of its present employees, and preserve its relationship with suppliers, customers and other having business dealings with it; provided that this paragraph will not limit management's ability to hire and fire employees.
Sample 1
Ordinary Operations. Until the Closing (except as otherwise provided in this Agreement or consented to in writing by Buyer, which consent shall not be unreasonably withheld or delayed), Seller will operate the Station in the Ordinary Course of Business. Without limitation of the foregoing, Seller shall:
Sample 1

Related to Ordinary Operations

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operations, so as not to unreasonably annoy, disturb, endanger or be offensive to others on the Airport. Company will provide all services under this Agreement on a fair and reasonable basis to all users of the Airport. Service will be prompt, courteous and efficient.

  • Management and Operations of Business Except as otherwise expressly provided in this Agreement, all powers to control and manage the business and affairs of the Partnership shall be vested exclusively in the General Partner; the Limited Partner shall not have any power to control or manage the Partnership.

  • Banking Operations Enter into any new material line of business; change its material lending, investment, underwriting, risk and asset liability management and other material banking and operating policies, except as required by applicable law, regulation or policies imposed by any Governmental Authority; or file any application or make any contract with respect to branching or site location or branching or site relocation.

  • Ongoing Operations From the Effective Date through Closing:

  • Interim Operations The Company covenants and agrees as to itself and its Subsidiaries that, after the date hereof and prior to the Effective Time (unless Parent shall otherwise approve in writing and except as otherwise expressly contemplated by this Agreement):

  • Management and Operation of Business 37 6.1 Management...................................................................................37 6.2 Certificate of Limited Partnership...........................................................38 6.3 Restrictions on General Partner's Authority..................................................38 6.4 Reimbursement of the General Partner.........................................................39 6.5

  • Operations As of the date hereof, the Company has not conducted, and prior to the IPO Closing the Company will not conduct, any operations other than organizational activities and activities in connection with offerings of its securities.

  • System Operations Each party, at its own expense, shall provide and maintain the equipment, software, services and testing necessary to transmit Data Communications to, and receive Data Communications from the parties’ respective Receipt Computers.

  • CONTINUITY OF OPERATIONS (1) Engage in any business activities substantially different than those in which Borrower is presently engaged, (2) cease operations, liquidate, merge, transfer, acquire or consolidate with any other entity, change its name, dissolve or transfer or sell Collateral out of the ordinary course of business, or (3) pay any dividends on Borrower's stock (other than dividends payable in its stock), provided, however that notwithstanding the foregoing, but only so long as no Event of Default has occurred and is continuing or would result from the payment of dividends, if Borrower is a "Subchapter S Corporation" (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of Borrower's stock, or purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • Maintenance of Operations The Company shall maintain operations at the Project for a minimum of ten (10) years beginning on the date the Project is Placed in Service. In addition to any other rights the Department may have under the terms of this Agreement, in the event that the Company discontinues of operations at the Project, such discontinuation may subject the Company to certain statutory provisions, including:

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