Preservation of Business Prior to Closing Date Sample Clauses

Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, (a) Seller will use its best efforts to preserve the Business and to preserve the goodwill of customers, suppliers and others having business relations with Seller and (b) Seller and Buyer will consult with each other concerning, and Seller will cooperate to keep available to Buyer, the services of the officers and employees of Seller that Buyer may wish to retain. Nothing in this Section shall obligate Buyer after the Closing to retain or offer employment to any officer or employee of Seller.
AutoNDA by SimpleDocs
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, (a) Seller will use its best efforts to preserve the Business and to preserve the goodwill of customers, suppliers and others having business relations with Seller (with respect to the Business) and Company and (b) Seller and Buyer will consult with each other concerning, and Seller will cooperate with Buyer and use Seller's best efforts to keep available to Buyer the services of the officers and employees of Seller (with respect to the Business) and Company that Buyer may wish to have Company retain. Nothing in this Section 4.6 shall obligate Buyer or Company after the Closing to retain or offer employment to any officer or employee of Company.
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, (a) Seller will and will cause Company to use its commercially reasonable efforts to preserve the Business and to preserve the goodwill of customers, suppliers and others having business relations with Company or the Subsidiaries, and (b) Seller and Buyer will consult with each other concerning, and Seller will use commercially reasonable efforts and will cooperate with Buyer in connection with Buyer's efforts to keep, the services of the officers and employees of Company and the Subsidiaries that Buyer may wish to have Company and the Subsidiaries retain. Nothing in this Section 4.5 shall obligate Buyer, Company or any Subsidiary after the Closing to retain or offer employment to any officer or employee of Company or any Subsidiary.
Preservation of Business Prior to Closing Date. From the Effective Date until the Closing, (a) the Seller Parties will use their reasonable best efforts to preserve the Purchased Assets and the Business and to preserve the goodwill of customers, suppliers and others having business relations with Sellers and (b) the Seller Parties and PEI will consult with each other concerning, and the Seller Parties will cooperate to keep available to PEI, the services of the officers and employees of Sellers that PEI may wish to offer employment.
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the earlier to occur of the Closing Date and the termination of this Agreement, Seller shall exercise its reasonable best efforts in accordance with the Company Law to cause the Company to preserve its Business and the goodwill of customers, suppliers and others having business relations with the Company. In furtherance of the foregoing, Seller shall, except with Buyer’s prior written consent, as set forth in Section 6.1 of the Disclosure Schedule, or as permitted or contemplated under this Agreement (including without limitation the specified provisions of the agreements described in Section 6.5) or required by the Debt Financing, use reasonable best efforts (including by voting all its shares, to the extent permitted under applicable Law, or by causing the Company’s board of director members of its designation to vote) to cause the Company to conduct its business and operations only in the ordinary course and, particularly, to:
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, Seller will, and will cause the Company and its Subsidiaries to, conduct its operations in all material respects according to its ordinary and usual course of business and consistent with past practice and use its commercially reasonable efforts to preserve intact its current business organizations, to keep available the services of its current officers and employees and to preserve its relationships with customers, suppliers, manufacturers, licensors, licensees, advertisers, distributors and others having business dealings with it.
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, Seller shall use its best efforts to preserve the Business and to preserve the good- will of customers, suppliers and others having business relations with Seller directly related to the Business.
AutoNDA by SimpleDocs
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, (a) Seller will and will cause Company to use its commercially reasonable efforts to preserve the Business and to preserve the goodwill of customers, suppliers and others having business relations with Company or the Subsidiaries, and
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, (a) Company will use commercially reasonable efforts to preserve the Business and to preserve the goodwill of customers, suppliers and others having business relations with Company and (b) Company and Buyer will consult with each other concerning, and Company will cooperate to keep available to Buyer, the services of the officers and employees of Company that Buyer may wish to have Company retain. Nothing in this Section shall obligate Buyer or Company after the Closing to retain or offer employment to any officer or employee of Company.
Preservation of Business Prior to Closing Date. During the period beginning on the date hereof and ending on the Closing Date, (a) the Shareholders and the Company will each use its best efforts to preserve the Business and to preserve the goodwill of customers, suppliers and others having business relations with the Company and (b) the Shareholders, the Company and Buyer will consult with each other concerning, and the Shareholders and the Company each will cooperate to keep available to Buyer, the services of the officers and employees of the Company that Buyer may wish to have the Company retain. Nothing in this Section shall obligate (i) MAC to remain in the employ of the Company after the Closing Date, or (ii) Buyer or the Company to retain or offer employment to any officer or employee of the Company after the Closing.
Time is Money Join Law Insider Premium to draft better contracts faster.