Common use of Conduct of Shareholders Clause in Contracts

Conduct of Shareholders. Until any termination of this Agreement in accordance with its terms, each Shareholder agrees, to the extent not a natural person, that it (i) shall maintain its status as duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization and (ii) shall not dissolve, merge or combine with any Person, or adopt any plan of complete or partial liquidation, in each case, without the prior written consent of Purchaser, which consent shall not be unreasonably withheld or delayed, it being agreed that Purchaser may withhold its consent if in its judgment the proposed action would jeopardize the benefits intended to be provided to Purchaser under this Agreement.