Common use of Conduct of Business Before Closing Clause in Contracts

Conduct of Business Before Closing. From the date hereof until the Closing Date, except as otherwise provided in this Agreement or consented to in writing by the Buyer, the Seller shall: (a) conduct the Business in the ordinary course of business consistent with past practice; (b) use commercially reasonable efforts to maintain, preserve and protect the Purchased Assets and Business, including its income, goodwill and reputation; (c) maintain the Purchased Assets owned, operated or used by the Seller in the same condition as they were on the date of this Agreement; and (d) comply in all material respects with all applicable laws.

Appears in 4 contracts

Sources: Asset Purchase Agreement (SOL Strategies Inc.), Asset Purchase Agreement (SOL Strategies Inc.), Asset Purchase Agreement (SOL Strategies Inc.)

Conduct of Business Before Closing. From the date hereof until the Closing Date, except as otherwise provided in this Agreement or consented to in writing by the Buyer, the Seller shall: (a) conduct the Business in the ordinary course of business consistent with past practice; (b) use commercially reasonable efforts to maintain, preserve and protect the Purchased Assets and Business, including its income, goodwill and reputation;reputation;‌ (c) maintain the Purchased Assets owned, operated or used by the Seller in the same condition as they were on the date of this Agreement; and (d) comply in all material respects with all applicable laws.

Appears in 1 contract

Sources: Asset Purchase Agreement

Conduct of Business Before Closing. From the date hereof until the Closing Date, except as otherwise provided in this Agreement or consented to in writing by the Buyer, the Seller shall: (a) conduct the Business in the ordinary course of business consistent with past practice;practice;‌ (b) use commercially reasonable efforts to maintain, preserve and protect the Purchased Assets and Business, including its income, goodwill and reputation; (c) maintain the Purchased Assets owned, operated or used by the Seller in the same condition as they were on the date of this Agreement; andand‌ (d) comply in all material respects with all applicable laws.laws.‌

Appears in 1 contract

Sources: Asset Purchase Agreement