Company’s Business. Except for payments made out of the proceeds hereof or cash on hand of the Company, or as contemplated by this Agreement, the Sellers will cause the Company, without the prior written consent of the Purchasers, not to (i) make any material change in the type or nature of its business, or in the nature of its operations, (ii) create or suffer to exist any debt, other than that currently shown in the SEC Reports, (iii) issue any capital stock or (iv) enter into any new agreements of any kind or undertake any new obligations or liabilities.
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Samples: Stock Purchase Agreement (Zenitech Corp), Stock Purchase Agreement (Lyons Liquors Inc.), Stock Purchase Agreement (Nyc Moda Inc)
Company’s Business. Except for payments made out Following the date hereof, until consummation of the proceeds hereof or cash on hand of the Companyall transactions contemplated hereby, or except as contemplated by this Agreement, the Sellers will cause the Company, without the prior written consent of the Purchasers, not to (i) make any material change in the type or nature of its business, or in the nature of its operations, (ii) create or suffer to exist any debt, other than that currently shown in the SEC Reports, (iii) issue any capital stock or (iv) enter into any new agreements of any kind or undertake any new obligations or liabilities.
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