Common use of Operations Prior to the Closing Date Clause in Contracts

Operations Prior to the Closing Date. (a) Prior to the Closing, except as set forth on Schedule 7.4, requested by any Governmental Body, required or expressly permitted by this Agreement or Law, or with the express written approval of Buyer (which Buyer agrees shall not be unreasonably withheld, conditioned or delayed), Seller shall use its commercially reasonable efforts to cause the Companies to operate and carry on the Business in all material respect in the ordinary course and substantially as operated immediately prior to the date of this Agreement and to use their commercially reasonable efforts to preserve the goodwill of the suppliers, contractors, licensors, employees, customers, distributors and others having business relations with the Companies.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Aci Worldwide, Inc.), Stock Purchase Agreement (Western Union CO)

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Operations Prior to the Closing Date. (a) Prior to the ClosingExcept as set forth in Schedule 7.4, except as set forth on Schedule 7.4, requested by any Governmental Body, required or expressly permitted contemplated by this Agreement or Law, or except with the express written approval of Buyer (which Buyer agrees shall not be unreasonably withheld, conditioned withheld or delayed), Seller Aon shall use its commercially reasonable efforts to cause the Companies Company and the Subsidiaries to operate and carry on the Business in all material respect their business in the ordinary course and substantially as operated immediately prior to the date of this Agreement Agreement. Consistent with the foregoing, Aon shall cause the Company and the Subsidiaries to use their commercially reasonable efforts consistent with good business practice to preserve the goodwill of the suppliers, contractors, licensors, employees, customers, distributors and others having business relations with the CompaniesCompany and the Subsidiaries.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Aon Corp), Stock Purchase Agreement (Ace LTD)

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