Securing Permits. Buyers shall use commercially reasonable efforts to secure and obtain, as soon as reasonably practicable after the signing of this Agreement, all Permits (other than those that require an OTC or prescription drug license or registration) required to operate the Business and Manufacture the Products in substantially the same manner as is currently being operated by Sellers, so as to satisfy the condition to close set forth in Section 9.01(i) of this Agreement. From and after the signing of this Agreement, Buyers shall keep Sellers informed with respect to Buyers' progress in obtaining such Permits.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Twinlab Corp), Asset Purchase Agreement (Twinlab Corp)
Securing Permits. Buyers shall use commercially reasonable efforts to secure and obtain, as soon as reasonably practicable after the signing of this Agreement, all Permits (other than those that require an OTC or prescription drug license or registration) required to operate the Business and Manufacture the Products in substantially the same manner as is currently being operated by Sellers, so as to satisfy the condition to close set forth in Section 9.01(i) of this Agreement. From and after the signing of this Agreement, Buyers shall keep Sellers informed with respect to Buyers' progress in obtaining such Permits.being
Appears in 1 contract
Sources: Asset Purchase Agreement (Jones Medical Industries Inc /De/)