Common use of Care of Assets Clause in Contracts

Care of Assets. From the signing of this Agreement to the Closing Date, the Vendor will take reasonable care to protect and safeguard the Assets and do all necessary repairs and maintenance to the assets that the Vendor uses in the operations of the Business, and will not sell or dispose of any of the Assets except in the ordinary course of business.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Ableauctions Com Inc), Agreement (Ableauctions Com Inc)

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Care of Assets. From and after the signing of this Agreement to the Closing Date, the Vendor will take reasonable care to protect and safeguard the Assets and do all necessary repairs and maintenance to the any assets that are used by the Vendor uses in the operations of the Business, and will not sell or dispose of any of the Assets except in the ordinary course of business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Whispering Oaks International Inc)

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Care of Assets. From the signing of this Agreement to the Closing Date, the Vendor will take reasonable care to protect and safeguard the Assets and do all necessary repairs and maintenance to the assets that the Vendor uses in the operations of the Business, and will not sell or dispose of any of the Assets except in the ordinary course of business.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ableauctions Com Inc)

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