Actions Pending Closing. From the date hereof until the Effective Time, unless otherwise agreed to in writing, each of the parties to this Agreement agree to conduct its business and operations only in the ordinary course and in substantially the same manner as heretofore conducted and the Company shall continue to make timely filings (except pursuant to valid extensions) as required by the SEC pursuant to the Securities Act and the Exchange Act and shall not take any action that will adversely affect the ability of the Company to qualify for quotation of its common stock on the over the counter bulletin board. Without limiting the generality of the foregoing, prior to the Effective Time, none of the parties to this Agreement shall, except as contemplated by this Agreement, without the prior written consent of the other parties to this Agreement, directly or indirectly, do any of the following:
Actions Pending Closing. Upon the Closing, Seller shall transfer, contribute and convey to Buyer all the rights, title, interest and claim of Seller in the Property by a duly executed and acknowledged quitclaim deed. Prior to the Closing, Seller shall not take any action or commit or suffer any acts which would give rise to a variance from the current legal description of the Property, or cause the creation of any exception or encumbrance against or respecting the Property without the prior written consent of Buyer, which consent may be withheld in Buyer's sole and absolute discretion.
Actions Pending Closing. Except as otherwise contemplated by this ----------------------- Agreement and as Buyer may otherwise consent, pending the Closing:
Actions Pending Closing. (a) During the Study Period and prior to Closing, Seller undertakes and hereby covenants and agrees as follows:
Actions Pending Closing. Subsequent to the execution of this Agreement and prior to Closing, Seller agrees as follows:
Actions Pending Closing. 4.1 Conduct of Business of the Company Prior to the Closing Date Except as contemplated by this Agreement or with the prior written consent of the Buyer between the date hereof and the Closing Date, the Seller will procure that:
Actions Pending Closing. Chantal and the Chantal Principal Stockholder each covenants and agrees that, during the period from the date of this Agreement until the Closing Date, Chantal shall, other than as contemplated by this Agreement or for the purposes of effecting the Exchange and Closing pursuant to this Agreement or other than to the extent no Material Adverse Effect would be incurred, conduct its business as presently operated and solely in the ordinary course, and consistent with such operation, and, in connection therewith, without the written consent of CSI:
Actions Pending Closing. Following the Execution Date until the Effective Time, WBC and Whidbey Island Bank shall not, without the prior written consent of Frontier:
Actions Pending Closing. 5.1. During the Interim Period, each relevant Seller shall, immediately and no later than 2 (two) Business Days of such occurrence, notify the Purchaser Representatives of the occurrence of the following, in writing along with all information in its possession in relation to such event:
Actions Pending Closing. From the date hereof to the Closing, except as ----------------------- contemplated by this Agreement, SELLER and each Shareholder hereby represents, warrants, covenants and agrees that, unless the prior written consent of BUYER is obtained, SELLER will not take any action which would result in a violation of any of the following proscriptions: