Common use of Conduct of Business by SPAC Clause in Contracts

Conduct of Business by SPAC. Except as expressly contemplated by any other provision of this Agreement or any other Transaction Document, as set forth on Section 6.2 of the SPAC Disclosure Schedule and as required by applicable Law (including COVID-19 Measures), SPAC agrees that from the date of this Agreement until the earlier of the termination of this Agreement and the Closing, unless the Company shall otherwise consent in writing (such consent not to be unreasonably withheld, conditioned or delayed), SPAC shall use reasonable best efforts to conduct its business in the ordinary course. By way of amplification and not limitation, except as expressly contemplated by any other provision of this Agreement or any other Transaction Document, as set forth on Section 6.2 of the SPAC Disclosure Schedule and as required by applicable Law, SPAC shall not, between the date of this Agreement and the Closing Date or the earlier termination of this Agreement, directly or indirectly, do any of the following without the prior written consent of the Company (such consent not to be unreasonably withheld, conditioned or delayed):

Appears in 3 contracts

Samples: Business Combination Agreement (Vast Solar Pty LTD), Business Combination Agreement (Nabors Energy Transition Corp.), Business Combination Agreement (Nabors Energy Transition Corp.)

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Conduct of Business by SPAC. (a) Except as expressly contemplated by any other provision of this Agreement or any other Transaction Document, as set forth on Section 6.2 of the SPAC Disclosure Schedule Ancillary Agreement and except as required by applicable Law (including COVID-19 Measuresas may be requested or compelled by any Governmental Authority), SPAC agrees that from the date of this Agreement until the earlier of the termination of this Agreement and the ClosingCompany Amalgamation Effective Time, unless the Company shall otherwise consent in writing (such which consent shall not to be unreasonably withheld, conditioned delayed or delayedconditioned), the businesses of SPAC and AmalCo shall use reasonable best efforts to conduct its business be conducted in the ordinary courseOrdinary Course. By way of amplification and not limitation, except as expressly contemplated by any other provision of this Agreement or any other Transaction Document, as set forth on Section 6.2 of the SPAC Disclosure Schedule Ancillary Agreement and as required by applicable LawLaw (including as may be requested or compelled by any Governmental Authority), SPAC shall not, and SPAC shall cause AmalCo not to, between the date of this Agreement and the Closing Date Company Amalgamation Effective Time or the earlier termination of this Agreement, directly or indirectly, do any of the following without the prior written consent of the Company (such Company, which consent shall not to be unreasonably withheld, conditioned delayed or delayed):conditioned:

Appears in 1 contract

Samples: Business Combination Agreement (Decarbonization Plus Acquisition Corp IV)

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