Common use of Prior to the Closing Clause in Contracts

Prior to the Closing. Seller shall conduct its business only in a manner consistent with its prior practice and shall preserve its assets and properties in good condition and maintain insurance thereon in accordance with present practices, and Seller will use its best efforts (i) to preserve the business and organization of Seller intact, (ii) to keep available the services of Seller's present employees, agents and independent contractors, (iii) to preserve the goodwill of Seller's suppliers, customers, landlords and others having business relations with it, and (iv) to cooperate with Purchaser and assist in obtaining the consent of any party to any lease or contract with Seller where the consent of such party may be required by reason of this Agreement.

Appears in 5 contracts

Samples: Agreement of Purchase and Sale (Venturi Technologies Inc), Agreement of Purchase and Sale (Venturi Technologies Inc), Agreement of Purchase and Sale (Venturi Technologies Inc)

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