Common use of No Reorganization Clause in Contracts

No Reorganization. No provision of this Agreement or any Ancillary Agreement shall be interpreted as requiring any Buyer Party or any of their Subsidiaries to dispose of, hold separately or make any material and adverse change in, any material portion of their respective businesses or assets (or the Acquired Assets) or incur any other substantial burden. If a Required Consent is made subject to or conditional upon any of the foregoing, the decision of whether to comply with such condition shall be made by the Buyer Parties, acting in their sole discretion.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Crested Corp), Asset Purchase Agreement (Us Energy Corp)