Maintain Goodwill Clause Samples

The "Maintain Goodwill" clause requires parties to act in a manner that preserves and protects the positive reputation and business relationships associated with the subject of the agreement. In practice, this means that each party must avoid actions or communications that could harm the public image, customer relationships, or brand value of the other party or the joint venture. For example, parties may be expected to refrain from making negative statements or engaging in conduct that could damage the other's standing in the market. The core function of this clause is to safeguard the ongoing value and reputation of the business interests involved, thereby preventing actions that could undermine trust or commercial success.
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Maintain Goodwill use, and cause each of its Subsidiaries to use, its commercially reasonable efforts to preserve intact their respective business organizations and goodwill, to keep available the services of their respective officers and employees as a group and to maintain satisfactory relationships with suppliers, distributors, customers and others with whom they have business relationships and inform Eldorado orally and in writing if any officer submits a resignation;
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Maintain Goodwill. Use reasonable efforts to preserve intact the Business and the goodwill of the customers of the Business, the Vendors/suppliers, the employees, and any other Person having business relations with ACS and PATI;
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Maintain Goodwill use all reasonable efforts to preserve intact the good name and reputation of the Company and the Business as well as its customer, supplier and employee relationships;
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Maintain Goodwill. Use its commercially reasonable efforts to preserve intact the business of the Company and Mortgage-Jacksonville and the goodwill of their customers, employees, agents, subcontractors, suppliers, and any other Persons having business relations with them;
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Maintain Goodwill. Use all commercially reasonable efforts to preserve intact the business of the Company and the goodwill of its customers, employees, officers, subcontractors, suppliers, and any other Persons having business relations with it;
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Maintain Goodwill. Take all reasonable steps to maintain the goodwill of its business and, except as may be requested by the Lender, the continued employment of Borrower's executive officers and other employees.
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Related to Maintain Goodwill

  • Goodwill All goodwill and reputation generated by the Company’s use of the Licensed M▇▇▇ shall inure to the benefit of Licensor, and ownership of such goodwill shall rest in Licensor, and is otherwise hereby assigned by the Company, without need for any other action by any party. The Company shall not by any act or omission use the Licensed M▇▇▇ in any manner that disparages or reflects adversely on Licensor or its business or reputation. Except as expressly provided herein, neither party may use any trademark or service m▇▇▇ of the other party without that party’s prior written consent, which consent shall be given in that party’s sole discretion.

  • Maintain Records Contractor shall keep Owner informed of the progress of the Work. Contractor shall maintain records of the cost for the Work pursuant to and in compliance with GASB 34 accounting requirements and such other methods as Owner may require, including complete backup documentation for all pay applications.

  • Maintain Property Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same in good repair, working order and condition, ordinary wear and tear excepted, and from time to time make, or cause to be made, all needed and proper repairs, renewals, replacements, betterments and improvements thereto so that the business carried on in connection therewith may be properly conducted at all times.

  • Maintain Existence It will preserve and maintain its existence, rights, franchises and privileges in the jurisdiction of its formation, and qualify and remain qualified in good standing as a foreign trust or limited liability company in each jurisdiction where its business is conducted, and will obtain and maintain all requisite authority to conduct its business in each jurisdiction in which its business requires such authority.

  • Maintain Properties Maintain, keep, and preserve all of its properties (tangible and intangible) including the collateral necessary or useful in the conduct of its business in good working order and condition, ordinary wear and tear excepted.