Common use of Preservation of Business Clause in Contracts

Preservation of Business. The Seller will cause the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc)

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Preservation of Business. The Seller Sellers will use best efforts to cause the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc), Stock Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will cause the Company use commercially reasonable efforts to keep its their business and properties substantially intact, including its their present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information information, call letters and trade secrets of the Stations, and the FCC Licenses. The Sellers will continue to make expenditures for employee compensation advertising, programming, sales, technical and administration support at a level consistent with the past practices of the Sellers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will cause the Company use its best efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential information Confidential Information, call letters and trade secrets of the Stations, and the FCC Licenses.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will cause the Company to keep its their respective business and properties substantially intact, including its their present operations, physical facilities, working conditions, relationships with lessors, lessors and licensers, advertisers, suppliers, customers, and employees, all of the confidential information information, call letters and trade secrets of the Stations, and the FCC LicensesLicenses and will use their best efforts to keep intact their relationships with their advertisers, suppliers, customers and employees. The Sellers will continue to make expenditures for advertising, programming, sales, technical and administrative support at a level consistent with the past practices of the Sellers.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller will cause the Company use commercially reasonable efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licensers, advertisers, suppliers, customers, and employees, all of the confidential information Confidential Information, call letters and trade secrets of the Stations, and the FCC Licenses; provided, however, that the foregoing shall not be deemed to constitute an assurance by the Seller of the future performance of the Stations.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will cause the Company to keep its their business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensors, advertisers, suppliers, customers, and employees, all of the confidential information Confidential Information, call letters and trade secrets of the Stations, and the FCC Licenses.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Cumulus Media Inc), Asset Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Sellers will cause the Company to use its reasonable best efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information consistent with past custom and trade secrets of the Stations, and the FCC Licensespractice.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Eif Holdings Inc), Stock Purchase Agreement (Eif Holdings Inc)

Preservation of Business. The Seller and the Buyer will cause cooperate in causing the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, relationships with lessors, licenserslicensees, advertisers, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC LicensesLicenses and will not knowingly operate stations in such a manner as to cause the stations to be in non-compliance with FCC regulations.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cumulus Media Inc)

Preservation of Business. The Seller Each of the Sellers will cause the Company use their best ------------------------ efforts to keep its the Company's business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licenserslicensors, advertisers, suppliers, suppliers and customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Sound Source Interactive Inc /De/)

Preservation of Business. The Seller Sellers will cause the Company to use ------------------------ reasonable best efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, conditions and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, customers and employees, all and to conduct the business, operations, activities and practices only in the Ordinary Course of Business (except to the confidential information and trade secrets of the Stations, and the FCC Licensesextent otherwise contemplated or permitted by this Agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Stoneridge Inc)

Preservation of Business. The Seller Sellers will cause each of the Company and its Subsidiaries to exercise its reasonable best efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Purchase Agreement (Elkcorp)

Preservation of Business. The Seller Sellers will cause the Company to use reasonable efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Axsys Technologies Inc)

Preservation of Business. The Seller Sellers will cause the Company use all reasonable efforts to keep its the business and properties of the Business substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licenserslicensors, advertisersdealers, vendors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Asset Purchase Agreement (Textron Financial Corp)

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Preservation of Business. The Seller Sellers will use their best efforts to cause the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, customers and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Colorado Medtech Inc)

Preservation of Business. The Seller Sellers will use their best efforts to cause the Company Acquired Corporation to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customersstudents, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Argosy Education Group Inc)

Preservation of Business. The Seller Sellers will cause the Company to use reasonable best ------------------------ efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, conditions and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, customers and employees, all and to conduct the business, operations, activities and practices only in the Ordinary Course of Business (except to the confidential information and trade secrets of the Stations, and the FCC Licensesextent otherwise contemplated or permitted by this Agreement).

Appears in 1 contract

Samples: Stock Purchase Agreement (Stoneridge Inc)

Preservation of Business. The Seller and each Company will cause the Company use its commercially reasonable efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licensesexcept for nonmaterial changes.

Appears in 1 contract

Samples: Purchase Agreement (Fortress Group Inc)

Preservation of Business. The Seller Sellers will use best efforts to cause each of the Company and its Subsidiaries to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Viasoft Inc /De/)

Preservation of Business. The Seller Sellers will cause use their best endeavors to ensure that the Company to keep has kept its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licenserslicensors, advertiserslicensees, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wade Cook Financial Corp)

Preservation of Business. The Prior to the Closing, the Seller will use its reasonable efforts to cause the Company and each of the Subsidiaries to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, insurance policies, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Purchase Agreement (Steiner Leisure LTD)

Preservation of Business. The Seller will Sellers shall cause each of the Company and the Subsidiaries to use its commercially reasonable best efforts to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Purchase Agreement (Stewart Enterprises Inc)

Preservation of Business. The Seller will use its best endeavors to cause the Company to keep its business and properties substantially intact, including its present operations, physical facilities, working conditions, and relationships with lessors, licensers, advertiserslicensors, suppliers, customers, and employees, all of the confidential information and trade secrets of the Stations, and the FCC Licenses.

Appears in 1 contract

Samples: Participation Interest Purchase Agreement (Mobile Telesystems Ojsc)

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