CARRY ON BUSINESS IN NORMAL MANNER Sample Clauses

CARRY ON BUSINESS IN NORMAL MANNER. From the date of this Agreement to the Effective Date, Security shall carry on its business in substantially the same manner as heretofore and, without the written consent of Farmers, Security shall not (a) do any of the things which Security represents and warrants herein have not been done since March 31, 2000, or the date hereof, as the case may be, except as necessary to carry out this Agreement on the part of Security; (b) take any action which would be inconsistent with any representation or warranty of Security set forth herein or which would cause a breach of any such representation or warranty if made at or immediately following such action; or (c) engage in any lending activities other than in the ordinary course of business consistent with past practice. Security shall send to Farmers via facsimile transmission a copy of all loan presentations made to Security's Board at the same time as such presentations are transmitted to said board and all other proposals for loans including refinanced loans in excess of $50,000 to enable one of Farmers's senior loan committee members to review, comment and make reasonable recommendations to the loan committee with respect to such loan presentations. Security shall consult with Farmers prior to (x) hiring any full-time officer, other than replacement employees for positions then existing and (y) purchasing any investment securities in an amount exceeding $50,000 per transaction. Security will use its reasonable best efforts to keep its business organizations intact, to keep available the services of present employees, and to preserve the goodwill of customers, suppliers, and others having business relations with them.
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CARRY ON BUSINESS IN NORMAL MANNER. From the date of this Agreement to the Effective Date, MNB shall carry on its business in substantially the same manner as heretofore and, without the written consent of SFG, MNB shall not (a) do any of the things which they represent and warrant herein have not been done since March 31, 1999 or the date hereof, as the case may be, except as necessary to carry out this Agreement on the part of MNB; (b) engage in any transaction which would be inconsistent with any other representation or warranty of MNB set forth herein or which would cause a breach of any such representation or warranty if made at or immediately following such transaction; or (c) engage in any lending activities other than in the ordinary course of business consistent with past practice. MNB shall send to SFG via facsimile transmission a copy of all loan presentations made to MNB's Board at the same time as such presentations are transmitted to said board, to enable one of SFG's senior loan committee members to review, comment and make reasonable recommendations to the loan committee with respect to such loan presentations. MNB shall consult with SFG prior to hiring any full-time officer, other than replacement employees for positions then existing. MNB will use its reasonable best efforts to keep its business organizations intact, to keep available the services of present employees, and to preserve the goodwill of customers, suppliers, and others having business relations with them.
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CARRY ON BUSINESS IN NORMAL MANNER. From the date of this Agreement to the Closing Date, Century and CNB shall carry on their business in substantially the same manner as heretofore and, without the written consent of Bancshares, Century and CNB shall not (a) do any of the things which they represent and warrant herein have not been done since December 31, 1996 or the date hereof, as the case may be, except as necessary to carry out this Agreement on the part of Century and CNB; (b) engage in any transaction which would be inconsistent with any other representation or warranty of Century (or with respect to CNB, as applicable) set forth herein or which would cause a breach of any such representation or warranty if made at or immediately following such transaction; or (c) engage in any lending activities other than in the ordinary course of business consistent with past practice. Century shall send to Bancshares via facsimile transmission a copy of all loan presentations made to CNB's loan committee at the same time as such presentations are transmitted to said committee, to enable one of Bancshares senior loan committee members to review, comment and make reasonable recommendations to the loan committee with respect to such loan presentations. Century and CNB shall consult with Bancshares prior to hiring any full-time employees other than replacement employees for positions then existing. Century will use its best efforts to keep its (and CNB's) business organizations intact, to keep available the services of present employees, and to preserve the goodwill of customers, suppliers, and others having business relations with them.
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CARRY ON BUSINESS IN NORMAL MANNER. From the date of this Agreement to the Closing Date, Bank will carry on its business in substantially the same manner as heretofore and, without the written consent of Bancshares, Bank will not (a) do any of the things which its represents and warrants herein have not been done since December 31, 1996 or the date hereof, as the case may be, except as necessary to carry out this Agreement on the part of Bank; (b) engage in any transaction which would be inconsistent with any other representation or warranty of Bank set forth herein or which would cause a breach of any such representation or warranty if made at or immediately following such transaction; (c) engage in any lending activities other than in the ordinary course of business consistent with past practice; (d) make any 1-4 family unit residential real estate loans in excess of $75,000 to any borrower; (e) make any consumer installment or construction loans in excess of $35,000 to any borrower; (f) extend any equity
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CARRY ON BUSINESS IN NORMAL MANNER. From the date of this Agreement to the Closing Date, Seller agrees to use reasonable efforts to protect and preserve the Business Assets free of all Encumbrances (other than Permitted Encumbrances) and to preserve the goodwill of its customers, suppliers and others having business relations with the CPE Business. Without limiting the generality of the foregoing, without Buyer's prior written consent, Seller shall not:
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CARRY ON BUSINESS IN NORMAL MANNER. From the date hereof to the Closing Date, Seller will carry on the Business only in the ordinary course consistent with the past practices of Seller. Seller agrees to use all commercially reasonable efforts to keep the Business intact and to preserve the goodwill of its customers, dealers, suppliers and others having business relations with the Business. Without limiting the generality of the foregoing, without the written consent of Buyer, Seller will not, pending the Closing, engage in any transaction which would be inconsistent with any representation or warranty of Seller set forth herein or which would cause a breach of any such representation or warranty.
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Related to CARRY ON BUSINESS IN NORMAL MANNER

  • Carry on Business A Receiver may carry on any business of any Chargor in any manner he thinks fit.

  • Authority to Carry on Business The Trustee represents to the Corporation that at the date of execution and delivery by it of this Indenture it is authorized to carry on the business of a trust company in each of the provinces of Canada but if, notwithstanding the provisions of this Section 13.4, it ceases to be so authorized to carry on business, the validity and enforceability of this Indenture and the securities issued hereunder shall not be affected in any manner whatsoever by reason only of such event but the Trustee shall, within 90 days after ceasing to be authorized to carry on the business of a trust company in any of the provinces of Canada, either become so authorized or resign in the manner and with the effect specified in Section 13.2.

  • Conduct of Business in Normal Course Seller shall carry on its business and activities diligently and in substantially the same manner as it previously has been carried on, and shall not make or institute any unusual or novel methods of purchase, sale, lease, management, accounting or operation that will vary materially from the methods used by Seller as of the date of this Agreement.

  • Carry on in Regular Course Diligently carry on its business in the regular course and substantially in the same manner as heretofore and shall not make or institute any unusual or novel methods of purchase, sale, lease, management, accounting or operation.

  • Limitation on Business Activities The Issuer will not, and will not permit any Restricted Subsidiary to, engage in any business other than a Permitted Business.

  • Conduct of Business of the Company During the period from the date of this Agreement and continuing until the earlier of the termination of this Agreement pursuant to its terms and the Effective Time, the Company (which for the purposes of this Section 6.1 shall include the Company and each of its Subsidiaries) agrees, except to the extent that Parent shall otherwise consent in writing (which consent shall not be unreasonably withheld or delayed), to carry on its business and to cause each of its Subsidiaries to carry on its business in the usual, regular and ordinary course in substantially the same manner as heretofore conducted, and to use and cause each of its Subsidiaries to use all commercially reasonable efforts consistent with past practices and policies to preserve intact its present business organizations, keep available the services of its present officers and employees and preserve its relationships with customers, suppliers, distributors, licensors, licensees, and others having business dealings with the Company or any such Subsidiaries, to the end that the goodwill and ongoing businesses of Company and each of its Subsidiaries be unimpaired at the Effective Time. Except as expressly provided for by this Agreement, the Company shall not, and shall not permit any of its Subsidiaries to, prior to the Effective Time or earlier termination of this Agreement pursuant to its terms, without the prior written consent of Parent (which consent shall not be unreasonably withheld or delayed):

  • Restrictions on Business Activities There is no agreement, commitment, judgment, injunction, order or decree binding upon the Company or to which the Company is a party which has or could reasonably be expected to have the effect of prohibiting or materially impairing any business practice material to the Company, any acquisition of property by the Company or the conduct of business by the Company as currently conducted or as proposed to be conducted.

  • Conduct of Business by the Company Except as otherwise expressly contemplated by this Agreement, as required by applicable Legal Requirements, as set forth in Section 4.1 of the Company Disclosure Letter or as consented to in writing by the Parent (which consent or denial of such request for consent shall not be unreasonably delayed), during the period from the date of this Agreement to the earlier to occur of the Effective Time or termination of this Agreement pursuant to Article 7, the Company shall, and shall cause its Subsidiaries to, carry on their respective businesses in all material respects in the ordinary course consistent with past practice and in compliance in all material respects with all applicable Legal Requirements, pay its material debts and Taxes when due (subject to good faith disputes over such debts or Taxes), pay or perform other material obligations when due, and, to the extent consistent therewith, use commercially reasonable efforts to (x) preserve intact their current business organizations, (y) keep available the services of their current officers and key employees and (z) preserve their relationships with those Persons having business dealings with them, in each case to the end that their goodwill and ongoing businesses shall not be impaired in any material respect. Without limiting the generality of the foregoing, during the period from the date of this Agreement to the earlier to occur of the Effective Time or termination of this Agreement pursuant to Article 7, except as otherwise expressly contemplated by this Agreement, as set forth on Section 4.1 of the Company Disclosure Letter, as required by applicable Legal Requirements, or as consented to in writing by the Parent (which consent or denial of such request for consent shall not be unreasonably delayed), the Company shall not, and shall not permit any of its Subsidiaries to:

  • Conduct of Business by the Company Pending the Merger The Company agrees that, from the date of this Agreement until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, except as (x) required by applicable Law, (y) set forth in Section 5.01 of the Company Disclosure Schedule or (z) expressly required or permitted by this Agreement, unless Parent shall otherwise consent in writing (which consent shall not be unreasonably withheld, conditioned or delayed), (i) the businesses of the Group Companies shall be conducted in the ordinary course of business and in a manner consistent with past practice; and (ii) the Company shall use its commercially reasonable efforts to preserve intact the assets and the business organization of the Group Companies in all material respects, to keep available the services of the current officers and key employees of the Group Companies and to maintain in all material respects the current relationships of the Group Companies with existing customers, suppliers and other persons with which any Group Companies has material business relations as of the date hereof. Without limiting the generality of the foregoing paragraph, from the date of this Agreement until the earlier of the Effective Time and termination of this Agreement pursuant to Article VIII, except as (x) required by applicable Law, (y) set forth in Section 5.01 of the Company Disclosure Schedule or (z) expressly contemplated or permitted by this Agreement, the Company shall not and shall not permit any other Group Company to, directly or indirectly, do or propose to do any of the following without the prior written consent of Parent (which consent shall not be unreasonably withheld, conditioned or delayed):

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

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