Common use of Continuity and Maintenance of Operations Clause in Contracts

Continuity and Maintenance of Operations. Commencing with the date first above written and ending as of the date of Closing, each Party agrees to use reasonable efforts consistent with past practice and policies to (i) preserve intact in all material respects that portion of its present business operations expected to be made available (through services agreements or otherwise) or contributed to the Joint Venture Company at the time of Closing, (ii) maintain in all material respects the services of such Party’s employees who are reasonably expected to render full-time service to the Joint Venture Company as seconded employees or who are otherwise expected to be an integral part of the services to be provided by such Party to the Joint Venture Company, and (iii) preserve in all material respects its relationships with suppliers, licensors, licensees, and others having material business relationships in connection with that portion of its business operations expected to be made available (through services agreements or otherwise) or contributed to the Joint Venture Company at the time of Closing.

Continuity and Maintenance of Operations. Commencing with Until the date first above written and ending as of the date of Closing, each Party agrees to use commercially reasonable efforts consistent with past practice and policies to (iA) preserve intact in all material respects that portion of its present business operations expected to be made available (through services agreements or otherwise) ), leased, transferred or contributed to the Joint Venture Company at the time of the Closing, (iiB) maintain in all material respects the services of such Party’s employees who are reasonably expected to render full-time service to the Joint Venture Company as seconded assigned employees or who are otherwise expected to be an integral part of the services to be provided by such Party to the Joint Venture Company, and (iiiC) preserve in all material respects its relationships with suppliers, licensors, licensees, licensees and others having material business relationships in connection with that portion of its business operations expected to be made available (through services agreements or otherwise) ), leased or contributed to the Joint Venture Company at the time of the Closing.