Common use of Preservation of Organization Clause in Contracts

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Station intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Station with employees, suppliers, advertisers and customers and others having business relationships with the Station; provided, however, that nothing contained in this Agreement shall require Seller to expend money in fulfillment of its obligations set forth in this Section 6.4 other than those expenditures that Seller would have made in the ordinary course of the business of the Station and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

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Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Station intact, and assist CitadelPurchaser, as and when requested by CitadelPurchaser, to preserve the present relationships of the Station with employees, suppliers, advertisers and customers and others having business relationships with the Station; provided, however, that nothing contained in this Agreement shall require Seller Citadel or License Sub to expend money in fulfillment of its their obligations set forth in this Section 6.4 other than those expenditures that Seller Citadel or License Sub would have made in the ordinary course of the business of the Station and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Station Stations intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Station Stations with employees, suppliers, advertisers and customers and others having business relationships with the StationStations; provided, however, that nothing contained in this Agreement shall require Seller to expend money in fulfillment of its obligations set forth in this Section 6.4 other than those expenditures that Seller would have made in the ordinary course of the business of the Station Stations and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Station Stations intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Station Stations with employees, suppliers, advertisers and customers and others having business relationships with the StationStations; provided, however, that nothing contained in this Agreement shall require Seller Sellers to expend money in fulfillment of its their obligations set forth in this Section 6.4 other than those expenditures that Seller Sellers would have made in the ordinary course of the business of the Station Stations and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel Communications Corp)

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Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Station Stations intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Station Stations with employees, suppliers, advertisers and customers and others having business relationships with the StationStations; provided, however, that nothing contained in this Agreement shall require Seller the Company or the Stockholder to expend money in fulfillment of its their obligations set forth in this Section 6.4 other than those expenditures that Seller the Company would have made in the ordinary course of the business of the Station Stations and consistent with past practices.

Appears in 1 contract

Samples: Stock Purchase Agreement (Citadel License Inc)

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Station intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Station with employees, suppliers, advertisers and customers and others having business relationships with the Station; provided, however, that nothing contained in this Agreement shall require either Seller to expend money in fulfillment of its obligations set forth in this Section 6.4 other than those expenditures that Seller Sellers would have made in the ordinary course of the business of the Station and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

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