Common use of Lennar's Activities Until Effective Time Clause in Contracts

Lennar's Activities Until Effective Time. From the date of this Agreement to the Effective Time, or such earlier time as this Agreement is terminated in accordance with Article VI, Lennar will, and will cause each of its subsidiaries to, except with the written consent of the Company: 31 34 (a) Operate its business in the ordinary course and in a manner consistent with the manner in which it is being operated at the date of this Agreement.

Appears in 2 contracts

Sources: Merger Agreement (Lennar Corp /New/), Plan and Agreement of Merger (U S Home Corp /De/)