Usual Business Sample Clauses

Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Arrangement Agreement, Buyco shall conduct business only in, and not take any action except in, the ordinary course of its business and consistent with past practice.

Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Agreement, Northgate shall, and shall cause the Northgate Subsidiaries to, conduct business only in, and not take any action except in, the ordinary course of business and consistent with past practice.

Usual Business. Other than in contemplation of, or as required to give effect to the Transaction, iAnthus shall, and shall cause the iAnthus Subsidiaries to, until the earlier of the Effective Time and the time that this Agreement is terminated in accordance with its terms, use commercially reasonable efforts to maintain and preserve iAnthus’ and the iAnthus Subsidiaries’ business organization, and iAnthus shall not, directly or indirectly, do or permit to occur any of the following without the prior consent of MPX, such consent not to be unreasonably withheld or delayed: (i) amend its articles or by laws or the terms of its shares in a manner that could have a material adverse effect on the market price or value of the iAnthus Shares to be issued pursuant to the Arrangement; (ii) split, consolidate or reclassify any of its shares nor undertake any other capital reorganization; (iii) reduce capital in respect of its shares; (iv) redeem, purchase or otherwise acquire or offer to redeem, purchase or otherwise acquire any iAnthus Shares, other than redemptions or repurchases of iAnthus Shares in connection with the administration of equity or employee incentive plans; (v) issue, sell, grant, pledge, lease, dispose of, encumber or create any Encumbrance on or agree to do so, or permit any of the iAnthus Subsidiaries to issue, sell, grant, pledge, lease, dispose of, encumber or create any Encumbrance on or agree to do so, any shares or other securities of, or any options, warrants, calls, conversion privileges or rights of any kind to acquire any shares of, iAnthus or any of the iAnthus Subsidiaries, other than the issue of iAnthus Shares in accordance with any iAnthus convertible securities in accordance with their terms; (vi) other than pursuant to obligations or rights under existing contracts, agreements and commitments (to the extent such rights have been exercised or initiated by other Persons) or in the ordinary course of business, sell, lease, encumber or otherwise dispose of, or permit any of the iAnthus Subsidiaries to sell, lease, encumber or otherwise dispose of, any property or assets having a cost, on a per transaction or series of related transactions basis, in excess of $25,000,000 and subject to a maximum of $50,000,000 for all such transactions; (vii) adopt, or permit any of the iAnthus Subsidiaries to adopt, any resolutions or enter into any agreement providing for the amalgamation, merger, consolidation, reorganization, liquidation, dissolution or any other...

Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Agreement, Primero shall, and shall cause the Primero Subsidiaries to, conduct business only in, and not take any action except in, the ordinary course of business and consistent with past practice.

Usual Business. Other than in connection with completing the Arrangement or as are required by applicable Laws or any Governmental Entity, Vitran shall, and shall cause the Vitran Subsidiaries to conduct business only in, and not take any action except in, the Ordinary Course and shall use its reasonable commercial efforts to preserve intact the current business organization of Vitran and the Vitran Subsidiaries, keep available the services of the present senior officers of Vitran, and the Vitran Subsidiaries and maintain good relations with, and the goodwill of, Persons having business relationships with Vitran or any of the Vitran Subsidiaries.

Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Agreement, AuRico shall, and shall cause the AuRico Subsidiaries to, conduct business only in, and not take any action except in, the ordinary course of business and consistent with past practice.

Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Arrangement Agreement, Pubco shall conduct the business of Issuer only in, and not take any action except in, the ordinary course of business and consistent with past practice. Pubco will use its best efforts to preserve the current capital and assets of Issuer and Issuer shall immediately prior to the Effective Time have no material liabilities accrued, other than as provided in this Arrangement Agreement or as may otherwise be pre-approved by Buyco and Target;

Usual Business. Except as expressly provided herein, Lexam VG Gold shall, and shall cause the Lexam VG Gold Subsidiaries to, conduct business only, and not take any action except, in the Ordinary Course of Business and use commercially reasonable efforts to preserve intact its present business organization and goodwill, to preserve intact the Lexam VG Gold Properties and Lexam VG Gold Mineral Rights, to keep available the services of its officers and employees as a group and to maintain satisfactory relationships with suppliers, employees and others having business relationships with Lexam VG Gold and any of the Lexam VG Gold Subsidiaries.

Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Agreement, prior to the Effective Time, Alamos shall, and shall cause the Alamos Subsidiaries to, conduct business primarily in the usual course of a mineral exploration, development and exploitation business.