Prohibited Actions Pending Closing Sample Clauses

Prohibited Actions Pending Closing. Unless otherwise expressly permitted herein or approved by Parent in writing, from the date hereof until the Closing, the Company shall not:
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Prohibited Actions Pending Closing. Unless otherwise expressly provided for herein or approved by Buyer in writing, from the date of this Agreement until the Closing Date, Seller shall not:
Prohibited Actions Pending Closing. Unless otherwise provided for herein or approved by Acquired Corp in writing, from the date hereof until the Closing, Parent shall not, and shall cause Acquiring Corp not to:
Prohibited Actions Pending Closing. Except as provided in this Agreement and as disclosed in either the Company Disclosure Schedule or Parent Disclosure Schedule, during the period from the date of this Agreement to the Effective Time, neither the Company nor Parent shall:
Prohibited Actions Pending Closing. Unless otherwise provided for herein or approved by Lucent in writing (which Lucent approval in the case of any matters covered under subsection (j) below cannot be unreasonably withheld), from the date hereof until the Closing, the Company shall not, and shall not permit any of its Subsidiaries to:
Prohibited Actions Pending Closing. Unless: (i) otherwise provided for herein, (ii) approved in writing by CHH, or (iii) required of Clariti in order for Clariti to comply with any: (a) contract, agreement or instrument to which Clariti is a party or by which Clariti is bound or (ii) law, rule, regulation, court order or judgment, from the date hereof until the Closing Date, Clariti shall not take any of the following actions:
Prohibited Actions Pending Closing. (a) Unless otherwise provided for herein or approved by Buyer in writing, from the date hereof until the Closing Date or earlier termination of this Agreement, neither Seller will: (i) amend or otherwise change its certificate of incorporation, By-Laws or other governing documents; (ii) mortgage, pledge or subject to Lien any of its material properties owned or used in connection with the business of the Acquired Businesses, or agree to do so; (iii) enter into or agree to enter into any agreement, contract or commitment (other than purchase and sale orders and other agreements, contracts and commitments incurred in the ordinary course of business which are consistent with historical business and pricing practices and which have a value of less than $10,000) with respect to the business of the Acquired Businesses; (iv) increase, or agree to increase, the compensation of any of its officers, directors or employees primarily engaged in the business of the Acquired Businesses by means of salary increase, bonus or otherwise (other than annual cost of living increases consistent with past practice); (v) sell or otherwise dispose of, or agree to sell or dispose of, any of its material assets or properties with respect to the business of the Acquired Businesses (other than purchase and sale orders incurred in the ordinary course of business); or (vi) amend or terminate any Contract to which either Seller is a party (other than in the ordinary course of business) or take action or fail to take any action, constituting any event of default thereunder. (b) From the date hereof through the Closing Date or earlier termination of this Agreement, neither Seller nor Buyer shall permit any of their respective officers, directors or employees to make any public statement or issue any press release with respect to (i) Sellers or their operations with respect to the business of the Acquired Businesses without the prior written approval of each party hereto, or (ii) the transactions contemplated hereby, unless such statement or release shall be jointly issued by Sellers and Buyer or such statements are required by law, rule or regulation (provided that the other party shall, to the extent practicable, be given an opportunity to review and consent to such statement or release). 8.3
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Prohibited Actions Pending Closing. (a) Unless approved by the Company in writing, from the date hereof until Closing or termination of this Agreement, Ciena shall not:
Prohibited Actions Pending Closing. Unless otherwise expressly permitted herein or approved by Purchaser in writing (which approval shall not be unreasonably withheld, conditioned or delayed) or required by applicable Law or in the Ordinary Course of Business, from the date hereof until the Closing, the Seller and Holdings shall cause the Company and each of its Subsidiaries not to, and the Company shall not (and shall not permit its Subsidiaries to):
Prohibited Actions Pending Closing. Unless otherwise provided for herein or approved by Parent in writing, or unless otherwise set forth in ITEM 4.2 of the Company Disclosure Schedule, from the date hereof until the Closing, the Company shall not (and shall not permit any of the Company Subs to):
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