Conduct of Business in Ordinary Course Sample Clauses

Conduct of Business in Ordinary Course. Seller has conducted the business and operations of the Station only in the ordinary course and has not:
AutoNDA by SimpleDocs
Conduct of Business in Ordinary Course. Since the Balance Sheet Date and through the date hereof, Sellers have conducted their business and operations in the ordinary course and, except as disclosed in Schedule 3.18, have not:
Conduct of Business in Ordinary Course. From and after the Effective Date and prior to the Closing Date, the Company will not and the Sellers will not cause the Company to take any actions inconsistent with Section 3.23 or which will lead to a Material Adverse Effect occurring. With the exception of the provisions set forth in this Agreement and the transaction contemplated herein, the Company will carry on (and the Sellers shall cause the Company to carry on) their business in the ordinary course in substantially the same manner as heretofore conducted and, to the extent consistent with such business, use efforts consistent with past practice and policies to preserve intact their respective present business organization, keep available the services of their respective present officers, consultants and employees and preserve their relationships with customers, suppliers and distributors and others having business dealings with them. The Sellers shall cause the officers of the Company to confer at such times as the Purchaser may reasonably request with representatives of the Purchaser to report operational matters of a material nature and to report the general status of the ongoing operations of the business of the Company. Notwithstanding the foregoing, the Sellers and the Company may not and will not without the prior written consent of the Purchaser (which shall not be unreasonably withheld):
Conduct of Business in Ordinary Course. (a) The Seller will, and the Owners will cause the Seller to, conduct the Business diligently, in the ordinary course and in substantially the same manner as the Business was previously conducted, and will not make or institute any unusual or novel purchase, sale, lease, change in management, accounting policy or operation that will vary materially from those methods used by it during the 12-month period ending on the date of this Agreement. Without limiting the foregoing, from the date hereof until the Closing Date, as it relates to the Business and its operation, the Seller will, and the Owners will cause the Seller to: (i) not change the compensation of any of its officers, nor, except in the ordinary course of business, increase any compensation (including, without limitation, any bonuses) payable to any Business Employee or consultant of the Business, not enter into any employment, severance or other agreement with any of its officers or any Business Employee or consultant of the Business and not enter into, amend or adopt any Employee Plan, (ii) not enter into, amend or terminate any Contract without the prior written consent of NMHC and the Purchaser, (iii) not enter into any commitment to borrow money or subject to Lien any of the Assets, (iv) not sell or transfer any of the Assets of the Business or cancel any claim applicable to the Business except in the ordinary course of conduct of the Business, (v) not dispose of any material assets of the Business outside the ordinary course of business, or dispose of any membership interests (or securities exchangeable for its membership interests), or declare or pay any dividend or make any distribution in respect of any membership interests of the Seller or enter into any commitments or agreements with respect thereto except as mutually agreed by the Purchaser and the Seller, (vi) perform all material obligations under Licenses, the Assumed Contracts and other documents relating to or affecting the Business, all in the same manner as heretofore performed, (vii) use its best efforts to maintain and preserve the Business, the goodwill and relationships with the Business Employees, customers, suppliers and others having a business relationship with the Business, and maintain all Licenses requisite to the conduct of the Business as now conducted, (viii) maintain in working condition all equipment and other personal property that are Assets, reasonable wear and tear excepted, (ix) comply with all Laws and Gove...
Conduct of Business in Ordinary Course. INT'X.xxx will carry on its business in the ordinary course in substantially the same manner as heretofore conducted and, to the extent consistent with such business, use all reasonable best efforts consistent with past practice and policies to preserve intact its present business organization, keep available the services of its present officers, consultants and employees and preserve its relationships with customers, suppliers and distributors and others having business dealings with it. INT'X.xxx will confer on a regular and frequent basis with representatives of Parent to report operational matters of a material nature and to report the general status of the ongoing operations of the business of INT'X.xxx. The foregoing notwithstanding, INT'X.xxx will not:
Conduct of Business in Ordinary Course. Except as set forth on Schedule 3.18, since December 31, 2012:
Conduct of Business in Ordinary Course. Except for the transactions contemplated hereby, as set forth on Schedule 4.18 or as permitted by Section 7.1 after the date of this Agreement, since the Balance Sheet Date, (a) each Acquired Company has conducted its business and operations in the ordinary course of business consistent with past practices, and (b) there has not been any change that has had a Material Adverse Effect on an Acquired Company.
AutoNDA by SimpleDocs
Conduct of Business in Ordinary Course. Between December 31, 1996 and the date hereof, the Company has conducted the business and operations of the Company only in the ordinary course and substantially consistent with recent past practice and, without limiting the generality of the foregoing, has not:
Conduct of Business in Ordinary Course. Except for actions taken in connection with the process of selling the Company (including preparing for and implementing the transactions contemplated by this Agreement) and except as set forth on Schedule 4.18, since December 25, 2011:
Conduct of Business in Ordinary Course. Without in any way limiting or otherwise altering the terms, promises, covenants and agreements contained herein, Borrower nor its subsidiaries shall not engage in any transaction other than in good faith in the ordinary course of business.
Time is Money Join Law Insider Premium to draft better contracts faster.