Common use of Closing Date Actions Clause in Contracts

Closing Date Actions. Following the Closing, Purchaser shall not cause the Company, MTR, MMP or the FCC Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes for which Sellers have indemnification responsibility hereunder.

Closing Date Actions. Following the Closing, Purchaser shall not cause the Company, MTR, MMP or the FCC Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes for which Sellers have indemnification responsibility hereunder.

Closing Date Actions. Following the Closing, Purchaser shall not cause the Company, MTR, MMP II or the FCC MMP II Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes of Seller or Taxes for which Sellers have indemnification Seller has indemification responsibility hereunder.

Closing Date Actions. Following the Closing, Purchaser shall not cause the Company, MTR, MMP or the FCC Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes of Seller or Taxes for which Sellers have Seller has indemnification responsibility hereunder.