Common use of Actions Prior to Closing Date Clause in Contracts

Actions Prior to Closing Date. During the period prior to the Closing Date, the Merging Corporation agrees to take the following actions: 4.1 To own and operate its assets and properties in the ordinary course of business in accordance with past practice; 4.2 To maintain all licenses and permits applicable to its assets and properties in full force and effect and to comply will all laws, rules, regulations, and ordinances applicable to its assets and properties;