Common use of Pre-Closing Operations Clause in Contracts

Pre-Closing Operations. Until such time as each of the Subject Franchises has been transferred and assigned to TJC, Seller and the Shareholders shall continue to operate all of the Subject Franchises in a commercially reasonable manner, consistent with their respective franchise agreements, and neither the Seller nor any of the Shareholders shall take any actions or operate any of the Subject Franchises in such a way as to cause or precipitate any diminution in their prospective, post-closing sales or any material shift in their prospective, post-closing revenue streams.

Pre-Closing Operations. Until such time as each of the Subject Franchises has been transferred and assigned to TJC, Seller and the Shareholders Shareholder shall continue to operate all of the Subject Franchises in a commercially reasonable manner, consistent with their respective franchise agreements, and neither the Seller nor any of the Shareholders Shareholder shall take any actions or operate any of the Subject Franchises in such a way as to cause or precipitate any diminution in their prospective, post-closing sales or any material shift in their prospective, post-closing revenue streams.