Common use of Closing Date Actions Clause in Contracts

Closing Date Actions. Following the Closing, Purchaser shall not cause MMP II or the MMP II Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, and (ii) such actions as would not increase Taxes of Seller or Taxes for which Seller has indemification responsibility hereunder.

Closing Date Actions. Following the Closing, Purchaser shall not cause the Company, MMP II or the MMP II FCC Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes of Seller or Taxes for which Seller has indemification Sellers have indemnification responsibility hereunder.

Closing Date Actions. Following the Closing, Purchaser shall not cause MTR, MMP II or the MMP II FCC Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes of Seller or Taxes for which Seller has indemification indemnification responsibility hereunder.

Closing Date Actions. Following the Closing, Purchaser shall not cause the Company, MTR, MMP II or the MMP II FCC Licensee Entities to take any actions on the Closing Date other than in the ordinary course of their business, except (i) such actions as are expressly contemplated by this Agreement, including the repayment of MMP's Funded Debt, and (ii) such actions as would not increase Taxes of Seller or Taxes for which Seller has indemification Sellers have indemnification responsibility hereunder.