Certain Prohibited Transactions. Except with the prior written consent of the Buyer, Seller will not permit the Acquired Company to (i) enter into any contract to merge or consolidate with any Person, (ii) change the character of its business, or sell, transfer or otherwise dispose of any material assets other than in the Ordinary Course of Business (iii) or purchase any assets or securities of any Person.
Appears in 2 contracts
Samples: Purchase Agreement, Purchase Agreement (Keyspan Corp)
Certain Prohibited Transactions. Except with the prior written consent of the BuyerBuyer Representative, Seller will not permit the any Acquired Company to (i) enter into any contract to merge or consolidate with any Person, (ii) change the character of its business, or sell, transfer or otherwise dispose of any material assets other than in the Ordinary Course of Business (iii) or purchase any assets or securities of any Person, other than in the Ordinary Course of Business.
Appears in 1 contract
Samples: Purchase Agreement (Keyspan Corp)
Certain Prohibited Transactions. Except with the prior written ------------------------------- consent of the Buyer, Seller will not permit the Acquired Company to (i) enter into any contract to merge or consolidate with or sell all or any Person, (ii) substantial part of the Purchased Assets to any other person or change the character of its business, or sell, transfer or otherwise dispose of any material assets other than in the Ordinary Course of Business (iii) or purchase any assets or securities of any PersonBusiness.
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Assets (Koala Corp /Co/)