Common use of Past Business Practices Clause in Contracts

Past Business Practices. Except as would not have a Material Adverse Effect, (i) since October 31, 2009, the business and services provided by the Company and its Subsidiaries have been conducted and rendered in a professional and competent manner consistent with prevailing standards, practices and customs of the death care industry at the time the services were rendered, (ii) the Company and its Subsidiaries have properly maintained, and at the Closing will have in their possession, detailed records describing each burial in each cemetery operated by the Company and its Subsidiaries, showing the date of burial, the name of the person buried and the exact location of such burial, and (iii) burial spaces in the cemeteries owned by the Company and its Subsidiaries are properly mapped and platted and of sufficient size to accommodate a standard burial without encroachment into neighboring burial spaces.

Appears in 2 contracts

Sources: Merger Agreement (Stewart Enterprises Inc), Merger Agreement (Service Corporation International)