Common use of Ordinary Conduct Clause in Contracts

Ordinary Conduct. Except as will be set forth in Schedule 5(b) ----------------- or otherwise expressly permitted by the terms of this Agreement, from the date hereof to the Closing, Seller shall cause the Business to be conducted in the ordinary course in substantially the same manner as presently conducted and shall make all reasonable efforts consistent with past practices to preserve their relationships with customers, suppliers, joint venture partners and others with whom the Company deals. Seller shall not, and shall not permit the Company to, take any action that would, or that could reasonably be expected to, result in any of the conditions to the purchase and sale of the Shares set forth in Section 3(a) not being satisfied. In addition, except as will be set forth in Schedule 5(b) or otherwise expressly permitted by the terms of this Agreement, Seller shall not permit the Company to do any of the following without the prior written consent of Buyer:

Appears in 1 contract

Samples: Stock Purchase Agreement (Transmontaigne Inc)

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Ordinary Conduct. Except as will be set forth in Schedule 5(b) ----------------- or otherwise expressly permitted by the terms of this Agreement, from the date hereof to the Closing, Seller shall cause the Business to be conducted in the ordinary course in substantially the same manner as presently conducted and shall make all reasonable efforts consistent with past practices to preserve their relationships with customers, suppliers, joint venture partners and others with whom the Company deals. Seller shall not, and shall not permit the Company to, take any action that would, or that could reasonably be expected to, result in any of the conditions to the purchase and sale of the Shares set forth in Section 3(a) not being satisfied. In addition, except as will be set forth in Schedule 5(b) or 39 34 otherwise expressly permitted by the terms of this Agreement, Seller shall not permit the Company to do any of the following without the prior written consent of Buyer:

Appears in 1 contract

Samples: Stock Purchase Agreement (S a Louis Dreyfus Et Cie Et Al)

Ordinary Conduct. Except as will be set forth in Schedule 5(b) ----------------- or otherwise expressly permitted by the terms of this Agreement, from the date hereof to the Closing, Seller shall cause the Business business of the Company to be conducted in the ordinary course in substantially the same manner as presently currently conducted and shall make all reasonable efforts consistent with past practices to preserve their relationships with customers, suppliers, joint venture partners employees and others with whom the Company deals; provided that Seller shall not be obligated to, directly or indirectly, provide any funds to the Company other than in the ordinary course of business. Seller shall not, and shall not permit the Company to, take any action that would, or that could reasonably be expected to, result in any of the conditions to the purchase and sale of the Shares Closing set forth in Section 3(a) this Agreement not being satisfied. In addition, except as will be set forth in Schedule 5(b) or otherwise expressly permitted by the terms of this Agreement, Seller shall not permit the Company to do any of the following without the prior written consent of Buyer:

Appears in 1 contract

Samples: Stock Purchase Agreement (Metamor Worldwide Inc)

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Ordinary Conduct. Except as will be set forth in Schedule 5(b) or ----------------- or otherwise expressly permitted by the terms of this Agreement, from the date hereof to the Closing, Seller shall cause the Business business of the Company and the Subsidiaries to be conducted in the ordinary course in substantially the same manner as presently conducted and shall make all reasonable efforts consistent with past practices to preserve their relationships with customers, suppliers, joint venture partners suppliers and others with whom the Company or any Subsidiary deals; provided that Seller shall not be obligated to, directly or -------- indirectly, provide any funds to the Company or any Subsidiary. Seller shall not, and shall not permit the Company or any Subsidiary to, take any action that would, or that could reasonably be expected to, would result in any of the conditions to the purchase and sale of the Acquired Shares set forth in Section 3(a) not being satisfied. In addition, except as will be set forth in Schedule 5(b) or otherwise expressly permitted or required by the terms of this Agreement, Seller shall not permit the Company or any Subsidiary to do any of the following without the prior written consent of BuyerBuyers:

Appears in 1 contract

Samples: Recapitalization and Stock Purchase and Sale Agreement (Firearms Training Systems Inc)

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