Common use of Conduct Prior to the Closing Clause in Contracts

Conduct Prior to the Closing. Pursuant to section 4.1(c), Ericsson shall promptly notify Calix of any change, occurrence or event that would reasonably be expected to be materially adverse to the Business. As noted in the disclosure in 2.15, Ericsson has sent the Sales Directive to the regions outlining the parameters of future Product sales. This sales directive may have a negative impact on future sales of Products prior to the Closing.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Calix, Inc), Asset Purchase Agreement (Calix, Inc)