Common use of Preservation of Business Clause in Contracts

Preservation of Business. The Seller will keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters and trade secrets of the Station, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 6 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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Preservation of Business. The Seller will keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 4 contracts

Samples: Program Service and Time Brokerage Agreement (Cumulus Media Inc), Program Service and Time Brokerage Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will cause the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters information and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will use best efforts to cause the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters information and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will use its best efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will keep its their respective business and properties substantially intact, including its their present operations, physical facilities, working conditions, relationships with lessors, lessors and licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters and trade secrets of the StationStations, and the FCC LicensesLicenses and will use their best efforts to keep intact their relationships with their advertisers, suppliers, customers and employees. The Seller Sellers will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the SellerSellers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will use its best efforts to keep its the Station's business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the Station, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will keep its their business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will keep its Sellers' business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

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Preservation of Business. The Seller will use commercially reasonable efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the StationStations, and the FCC Licenses. The ; provided, however, that the foregoing shall not be deemed to constitute an assurance by the Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Sellerfuture performance of the Stations.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will use commercially reasonable efforts to keep its their business and properties substantially intact, including its their present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller Sellers will continue to make expenditures for employee compensation advertising, programming, sales, technical and administrative administration support at a level consistent with the past practices of the SellerSellers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the Station, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will keep its the business and properties affected by this transaction substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the Station, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential informationConfidential Information, call letters and trade secrets of the StationStations, and the FCC Licenses. The Seller will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Seller.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The With respect to the OFC Business, the Seller will (i) keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of employees and (ii) continue to perform its obligations under the confidential information, call letters and trade secrets of the Station, Finance Leases and the FCC Licenses. The Seller will continue Perfect Pay Agreements arising prior to make expenditures the Closing, including the timely filing of returns for advertising, programming, and payment of all related property and sales, technical use and administrative support at a level consistent with the past practices of the Sellerother applicable Taxes.

Appears in 1 contract

Samples: Asset Purchase Agreement (Alfa Corp)

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