Status quo. Except in connection with actions and expenses necessary to fulfill the conditions set forth in Article 6, or, to the extent consistent therewith, fail to use reasonable best efforts to preserve intact any of their business organizations and assets and maintain their rights, franchises and existing relations with clients, customers, distributors, representatives, independent contractors, suppliers, employees and business associates; or engage in any new lines of business.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Applied Digital Solutions Inc), Agreement and Plan of Reorganization (Digital Angel Corp), Agreement and Plan of Merger (Superior Silver Mines Inc)
Status quo. Except in connection with actions and expenses necessary to fulfill the conditions set forth in Article 6, or, to the extent consistent therewith, fail to 52 use reasonable best efforts to preserve intact any of their business organizations and assets and maintain their rights, franchises and existing relations with clients, customers, distributors, representatives, independent contractors, suppliers, employees and business associates; or engage in any new lines of business.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Applied Digital Solutions Inc), Agreement and Plan of Reorganization (Digital Angel Corp), Agreement and Plan of Reorganization (Applied Digital Solutions Inc)
Status quo. Except in connection with actions and expenses necessary to fulfill the conditions set forth in Article ARTICLE 6, or, to the extent consistent therewith, fail to use reasonable best efforts to preserve intact any of their business organizations and assets and maintain their rights, franchises and existing relations with clients, customers, distributors, representatives, independent contractors, suppliers, employees and business associates; or engage in any new lines of business.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (VeriChip CORP), Agreement and Plan of Reorganization (Steel Vault Corp)
Status quo. Except in connection with actions and expenses necessary to fulfill the conditions set forth in Article 6, or, to the extent consistent therewith, fail to use reasonable best efforts to preserve intact any of their its business organizations and assets and maintain their its rights, franchises and existing relations with clients, customers, distributors, representatives, independent contractors, suppliers, employees and business associates; or engage in any new lines of business.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Superior Silver Mines Inc)
