Conduct and Preservation of Business. Except as contemplated by ------------------------------------ this Agreement, during the period from the date hereof to the Closing, Company shall (i) conduct its business only in the ordinary course consistent with past practice; (ii) shall use its reasonable best efforts to preserve, maintain, and protect its assets and Company's Business; (iii) shall use its reasonable best efforts to preserve intact the business organization of Company's Business, to keep available the services of the employees of its business, and to maintain existing relationships with licensors, licensees, suppliers, contractors, distributors, customers, and others having business relationships with its business; and (iv) comply with all Applicable Laws.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Kevco Inc), Asset Purchase Agreement (Kevco Inc)
Conduct and Preservation of Business. Except as contemplated by ------------------------------------ this Agreement, during the period from the date hereof to the Closing, the Company shall (i) shall conduct its business only in the operations according to its ordinary course of business consistent with past practicepractice and in compliance with all Applicable Laws; (ii) shall use its reasonable best efforts to preserve, maintain, and protect its assets properties; and Company's Business; (iii) shall use its reasonable best efforts to preserve intact the its business organization of Company's Businessorganization, to keep available the services of the employees of its businessofficers and employees, and to maintain existing relationships with licensors, licensees, suppliers, contractors, distributors, customers, and others having business relationships with its business; and (iv) comply with all Applicable Lawsit.
Appears in 1 contract
Conduct and Preservation of Business. Except as contemplated by ------------------------------------ this Agreement, during the period from the date hereof to the Closing, each Company shall (i) shall conduct its business only in the operations according to its ordinary course of business consistent with past practicepractice and in compliance with all Applicable Laws; (ii) shall use its reasonable best efforts to preserve, maintain, and protect its assets properties; and Company's Business; (iii) shall use its reasonable best efforts to preserve intact the its business organization of Company's Businessorganization, to keep available the services of the employees of its businessofficers and employees, and to maintain existing relationships with licensors, licensees, suppliers, contractors, distributors, customers, and others having business relationships with its business; and (iv) comply with all Applicable Lawsit.
Appears in 1 contract