Business Organization. Between the date of this Agreement and the Closing Date, Seller shall use its reasonable efforts, and shall cause Seller and each of its Subsidiaries to use its respective reasonable efforts, to
(a) Preserve substantially intact the business organization of Seller and each of its Subsidiaries and keep available the services of the present officers and employees of Seller and each of its Subsidiaries, and
(b) Preserve in all material respects the present business relationships and good will of Seller and each of its Subsidiaries.
Business Organization. Between the date of this Agreement and the Closing Date, each Selling Entity shall use commercially reasonable efforts to preserve substantially intact its respective business organization and keep available the services of each of its present officers and employees.
Business Organization. If you are at any time a business organization (“Business Entity”) (like a corporation, limited liability company or partnership) you agree and represent that:
(a) you have the authority to execute, deliver and perform your obligations under this Agreement and are duly organized or formed and validly existing in good standing under the laws of the state of your incorporation or formation;
(b) your organizational or governing documents will recite that the issuance and transfer of any ownership interests in you are restricted by the terms of this Agreement, and all certificates and other documents representing ownership interests in you will bear a legend referring to the restrictions of this Agreement;
(c) the Principal Owners Statement will completely and accurately describe all of your owners and their interests in you. A copy of our current form of Principal Owners Statement is attached to the Uniform Franchise Offering Circular;
(d) you and your owners agree to revise the Principal Owners Statement as may be necessary to reflect any ownership changes and to furnish such other information about your organization or formation as we may request (no ownership changes may be made without our approval);
(e) each of your owners during the Term will sign and deliver to us our standard form of Principal Owner’s Guaranty undertaking to be bound jointly and severally by all provisions of this Agreement and any other agreements between you and us. A copy of our current form of Principal Owners Guaranty is attached to the Uniform Franchise Offering Circular; and
(f) at our request, you will furnish true and correct copies of all documents and contracts governing the rights, obligations and powers of your owners and agents (like articles of incorporation or organization and partnership, operating or shareholder agreements).
Business Organization. Between the date of this Agreement and the Closing Date, MAS XX shall (a) preserve substantially intact the business organization of MAS XX; and (b) preserve in all material respects the present business relationships and good will of MAS XX.
Business Organization. It is a company duly organized and validly existing under the laws of Ohio, is qualified to do business in the jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business. LIMA/GEC/EPC 55 Confidential Business Information
Business Organization. The Company shall use commercially reasonable efforts to preserve intact its business organization and to keep available the services of its present officers and employees as a group.
Business Organization. 12.1 Knowing that the OWNER is relying upon the truth of these representations and warranties as an inducement to enter into this agreement, the DESIGN PROFESSIONAL represents and warrants to the OWNER as follows:
1. The DESIGN PROFESSIONAL is organized as a ( )
2. The name and address of the DESIGN PROFESSIONAL is:
3. Partners/Corporate Officers: (name corporation officers) (name partners) (sole proprietor)
4. The person executing this Agreement, by signing below, is duly authorized by the CONSULTANT to bind them to the terms of the Agreement.
Business Organization. During the period beginning on the date of the Latest Balance Sheet and continuing up to and including the Closing Date, Seller has used and will use its best efforts to preserve the Business intact, and to keep available to Purchaser the services of the present Employees of the Business, to the extent that Purchaser may retain such services pursuant to this Agreement.
Business Organization. It is a company duly organized and validly existing under the laws of, is qualified to do business in the jurisdictions in which the nature of the business conducted by it makes such qualification necessary and where failure so to qualify would have a material adverse effect on its financial condition, operations, prospects or business.
Business Organization. Between the date of this Agreement and the Closing Date, ECNC shall (a) preserve substantially intact the business organization of ECNC; and (b) preserve in all material respects the present business relationships and good will of ECNC and each of its Subsidiaries.
