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

Conduct of Business in Ordinary Course. Since the Balance Sheet Date and through the date hereof, Sellers have conducted their business and operations in the ordinary course and, except as disclosed in Schedule 3.18, have not: (a) made any material increase in compensation payable or to become payable to any of its employees other than those in the normal and usual course of business or in connection with any change in an employee's responsibilities, or any bonus payment made or promised to any of its Employees, or any material change in personnel policies, employee benefits, or other compensation arrangements affecting its employees; (b) made any sale, assignment, lease, or other transfer of assets other than in the normal and usual course of business with suitable replacements being obtained therefor; (c) canceled any debts owed to or claims held by Sellers, except in the normal and usual course of business; (d) made any changes in Sellers' accounting practices; (e) suffered any material write-down of the value of any Assets or any material write-off as uncorrectable of any Accounts Receivable; or (f) transferred or granted any right under, or entered into any settlement regarding the breach or infringement of, any license, patent, copyright, trademark, trade name, franchise, or similar right, or modified any existing right.

Conduct of Business in Ordinary Course. Since Seller has conducted the Balance Sheet Date and through the date hereof, Sellers have conducted their business and operations of the Station only in the ordinary course and, except as disclosed in Schedule 3.18, have and has not: (a) made Suffered any material adverse change in the business, assets, or properties of the Station, including any damage, destruction, or loss affecting any assets used or useful in the conduct of the business of the Station; (b) Made any material increase in compensation payable or to become payable to any of its the employees other than those in of the normal and usual course of business or in connection with any change in an employee's responsibilitiesStation, or any bonus payment made or promised to any employee of its Employeesthe Station, or any material change in personnel policies, employee benefits, or other compensation arrangements affecting its employeesthe employees of the Station; (bc) made Made any sale, assignment, lease, or other transfer of assets any of the Station's properties other than in the normal and usual course of business with suitable replacements being obtained therefor; (cd) canceled Canceled any debts owed to or claims held by SellersSeller with respect to the Station, except in the normal and usual course of business; (d) made any changes in Sellers' accounting practices; (e) suffered Suffered any material write-down of the value of any Assets or any material write-off as uncorrectable uncollectible of any Accounts Receivableaccounts receivable of the Station; or (f) transferred Transferred or granted any right under, or entered into any settlement regarding the breach or infringement of, any license, patent, copyright, trademark, trade name, franchise, or similar right, or modified any existing rightright relating to the Station.