Common use of Preservation of Organization Clause in Contracts

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Stations intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Stations with employees, suppliers, advertisers and customers and others having business relationships with the Stations; provided, however, that nothing contained in this Agreement shall require the Company or the Stockholder to expend money in fulfillment of their obligations set forth in this Section 6.4 other than those expenditures that the Company would have made in the ordinary course of the business of the Stations and consistent with past practices.

Appears in 1 contract

Samples: Stock Purchase Agreement (Citadel License Inc)

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Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Stations intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Stations with employees, suppliers, advertisers and customers and others having business relationships with the Stations; provided, however, that nothing contained in this Agreement shall require the Company or the Stockholder Seller to expend money in fulfillment of their its obligations set forth in this Section 6.4 other than those expenditures that the Company Seller would have made in the ordinary course of the business of the Stations and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Stations Station intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Stations Station with employees, suppliers, advertisers and customers and others having business relationships with the StationsStation; provided, however, that nothing contained in this Agreement shall require the Company or the Stockholder either Seller to expend money in fulfillment of their its obligations set forth in this Section 6.4 other than those expenditures that the Company Sellers would have made in the ordinary course of the business of the Stations Station and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Stations Station intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Stations Station with employees, suppliers, advertisers and customers and others having business relationships with the StationsStation; provided, however, that nothing contained in this Agreement shall require the Company or the Stockholder Seller to expend money in fulfillment of their its obligations set forth in this Section 6.4 other than those expenditures that the Company Seller would have made in the ordinary course of the business of the Stations Station and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

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Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Stations intact, and assist Citadel, as and when requested by Citadel, to preserve the present relationships of the Stations with employees, suppliers, advertisers and customers and others having business relationships with the Stations; provided, however, that nothing contained in this Agreement shall require the Company or the Stockholder Sellers to expend money in fulfillment of their obligations set forth in this Section 6.4 other than those expenditures that the Company Sellers would have made in the ordinary course of the business of the Stations and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel Communications Corp)

Preservation of Organization. Exercise all reasonable efforts to preserve the business organization of the Stations Station intact, and assist CitadelPurchaser, as and when requested by CitadelPurchaser, to preserve the present relationships of the Stations Station with employees, suppliers, advertisers and customers and others having business relationships with the StationsStation; provided, however, that nothing contained in this Agreement shall require the Company Citadel or the Stockholder License Sub to expend money in fulfillment of their obligations set forth in this Section 6.4 other than those expenditures that the Company Citadel or License Sub would have made in the ordinary course of the business of the Stations Station and consistent with past practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Citadel License Inc)

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