Common use of Operate in the Ordinary Course Clause in Contracts

Operate in the Ordinary Course. Borrower and its subsidiaries and affiliates shall continue to operate their respective businesses in the ordinary and customary course, and not take any actions which materially alter the nature or scope of their respective businesses as conducted on the date of the Initial Closing.

Appears in 1 contract

Sources: Loan Agreement (Popmail Com Inc)

Operate in the Ordinary Course. Borrower and its subsidiaries and affiliates shall continue to operate their respective businesses in the ordinary and customary course, and not take any actions which materially alter the nature or scope of their respective businesses as conducted on the date of the Initial Closing.

Appears in 1 contract

Sources: Loan Agreement (Popmail Com Inc)