Common use of Carry on in Ordinary Course Clause in Contracts

Carry on in Ordinary Course. Subject to Section 3.21 hereof, use commercially reasonable efforts to carry on its business in the ordinary course of business consistent with past practice and not make or institute any unusual methods of purchase, sale, lease, management, accounting or operation that would be material and adverse to Sellers' U.S. wholesale business or the Purchased Stores. Nothing in this Section 6.1 shall limit Sellers' discretion with respect to the Retained Assets or prohibit Sellers from conducting store closing clearance sales as contemplated by the Transition Services Agreement.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Florsheim Group Inc), Asset Purchase Agreement (Weyco Group Inc)