Common use of CONDUCT OF BUSINESS BY THE COMPANY AND THE SUBSIDIARIES Clause in Contracts

CONDUCT OF BUSINESS BY THE COMPANY AND THE SUBSIDIARIES. (a) Except (i) as expressly permitted by this Agreement, (ii) as required by applicable law or any Material Contract to which the Company or any of its Subsidiaries is a party or by which any Asset is bound, (iii) with the consent of Parent or (iv) as set forth on Schedule 5.1, during the period commencing with the date of this Agreement and continuing until the Closing Date, the Company and its Subsidiaries shall conduct their business in all material respects in the ordinary and usual course consistent with past practice and use their commercially reasonable efforts to preserve intact their respective business organizations and relationships with third parties and keep available the services of their respective present officers and employees.

Appears in 6 contracts

Samples: Agreement and Plan of Merger (Zone Mining LTD), Agreement and Plan of Merger (IElement CORP), Agreement and Plan of Merger (IElement CORP)

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