Common use of Ongoing Operation Clause in Contracts

Ongoing Operation. Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business shall be conducted only in the ordinary course and Seller shall not take any action except in the ordinary course of the Business, on an arm-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (New York Health Care Inc), Purchase and Sale Agreement (New York Health Care Inc), Purchase and Sale Agreement (New York Health Care Inc)

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Ongoing Operation. Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business business of Seller shall be conducted only in the ordinary course and neither the shareholders of Seller nor Seller shall not take any action except in the ordinary course of the BusinessSeller's business, on an arm-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Factual Data Corp), Asset Purchase Agreement (Factual Data Corp), Asset Purchase Agreement (Factual Data Corp)

Ongoing Operation. Seller shall carry on its -------------------- ----------------- business diligently and substantially in the same manner as heretofore conducted. The Business business of Seller shall be conducted only in the ordinary course and neither the shareholders of Seller nor Seller shall not take any action except in the ordinary course of the BusinessSeller's business, on an arm-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.. 4.4 INDEBTEDNESS4.4

Appears in 3 contracts

Samples: Asset Purchase Agreement (Factual Data Corp), Asset Purchase Agreement (Factual Data Corp), Asset Purchase Agreement (Factual Data Corp)

Ongoing Operation. Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business business of Seller shall be conducted only in the ordinary course and neither the shareholders of Seller nor Seller shall not take any action except in the ordinary course of the BusinessSeller's business, on an armarms-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Factual Data Corp), Asset Purchase Agreement (Factual Data Corp)

Ongoing Operation. Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business shall be conducted only in the ordinary course and neither Seller nor INS shall not take any action except in the ordinary course of the Business, on an arm-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 1 contract

Samples: Purchase and Sale Agreement (International Nursing Services Inc)

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Ongoing Operation. Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business business of Seller shall be conducted only in the ordinary course and Seller shall not take any action except in the ordinary course of the BusinessSeller's business, on an arm-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Factual Data Corp)

Ongoing Operation. Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business business of Seller shall be conducted only in the ordinary course and neither the Shareholder of Seller nor Seller shall not take any action except in the ordinary course of the BusinessSeller's business, on an armarms-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bentley International Inc)

Ongoing Operation. Using its good faith efforts, Seller shall carry on its business diligently and substantially in the same manner as heretofore conducted. The Business business of Seller shall be conducted only in the ordinary course and neither the shareholders of Seller nor Seller shall not take any action except in the ordinary course of the BusinessSeller's business, on an arm-length basis and in accordance in all material respects with all applicable laws, rules and regulations and Seller's past custom and industry practice.

Appears in 1 contract

Samples: Asset Purchase Agreement (Factual Data Corp)

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