Common use of Business in Ordinary Course Clause in Contracts

Business in Ordinary Course. Except as permitted or contemplated by the terms of this Agreement, and except as provided in Section 5.1 of the Company Disclosure Letter, unless with the prior written consent of Parent (which consent shall not be unreasonably withheld, delayed or conditioned), during the period from the date hereof and continuing until the earlier of the termination of this Agreement pursuant to its terms or the Effective Time, the Company shall, and shall cause each of its Subsidiaries to, carry on its business in all material respects in the usual, regular and ordinary course, in substantially the same manner as heretofore conducted, and use their respective commercially reasonable efforts consistent with past practices and policies to (a) preserve intact their respective present business organizations and goodwill, (b) keep available the services of their respective present executive officers, directors and key employees, and (c) preserve their relationships with customers, suppliers, agents, and creditors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Natco Group Inc), Agreement and Plan of Merger (Cameron International Corp)

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Business in Ordinary Course. Except as permitted or contemplated by the terms of this Agreement, and except as provided in Section 5.1 of the Company Disclosure Letter, unless with the prior written consent of Parent (which consent shall not be unreasonably withheld, delayed or conditioned), during the period from the date hereof and continuing until the earlier of the termination of this Agreement pursuant to its terms or the Effective Time, the Company shall, and shall cause each of its Subsidiaries to, carry on its business in all material respects in the usual, regular and ordinary course, in substantially the same manner as heretofore conducted, and use their respective its commercially reasonable efforts consistent with past practices and policies to (a) preserve intact their respective its present business organizations and goodwill, (b) keep available the services of their respective its present executive officers, directors and key employees, and (c) preserve their its relationships with customers, suppliers, agents, and creditors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Miscor Group, Ltd.), Agreement and Plan of Merger (Integrated Electrical Services Inc)

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