Common use of Conduct Business in the Ordinary Course Clause in Contracts

Conduct Business in the Ordinary Course. The Seller shall conduct the Purchased Business only in the ordinary and normal course consistent with past practice and the Seller shall not, without the prior written consent of the Purchaser, enter into any transaction or refrain from doing any action which, if effected before the date of this Agreement, would constitute a breach of any representation, warranty, covenant or other obligation of the Seller contained herein, and the Seller shall not enter into any material supply arrangements relating to the Purchased Business or make any material decisions or enter into any material Contracts with respect to the Purchased Business without the consent of the Purchaser, which consent shall not be unreasonably withheld or delayed;

Appears in 3 contracts

Samples: Escrow Agreement, Escrow Agreement (Vecima Networks Inc.), Asset Purchase Agreement (Concurrent Computer Corp/De)

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Conduct Business in the Ordinary Course. The Seller Vendor shall conduct the Purchased Business only in the ordinary and normal course consistent with past practice and the Seller Vendor shall not, without the prior written consent of the Purchaser, enter into any transaction or refrain from doing any action whichthat, if effected before the date of this Agreement, would constitute a breach of any representationpresentation, warranty, covenant or other obligation of the Seller Vendor contained herein, and the Seller Vendor shall not enter into any material supply arrangements relating to the Purchased Business or make any material decisions or enter into any material Contracts with respect to the Purchased Business without the consent of the Purchaser, which consent shall not be unreasonably withheld or delayedwithheld;

Appears in 1 contract

Samples: Agreement (International Menu Solutions Corp)

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