Common use of Conduct Business in the Ordinary Course Clause in Contracts

Conduct Business in the Ordinary Course. The Seller shall conduct the Purchased Business and maintain the Purchased Assets in a proper and prudent manner consistent with past practice and generally accepted industry practice. In addition, the Seller shall not, without the prior written consent of the Purchaser (such consent not to be unreasonably withheld), (i) enter into any transaction or refrain from doing any action that, if effected before the date of this Agreement, would constitute a breach of any representation, warranty, covenant or other obligation of the Seller contained herein, or (ii) make any material decisions or enter into any material Contracts with respect to the Purchased Business or the Purchased Assets other than the entering into or performance of drilling contracts and maintenance and repair activities that are entered into or conducted in the ordinary course of business and in a proper and prudent manner consistent with past business practice and generally accepted industry practice;