Conduct of Business in the Ordinary Course. Except as specifically provided for in this Agreement, EQBK shall conduct its business in the ordinary course as heretofore conducted. For purposes of this Section 6.09, the ordinary course of business shall consist of the banking and related business as presently conducted by EQBK and its Subsidiaries, and engaging in acquisitions and assisting in the management of its Subsidiaries.
Conduct of Business in the Ordinary Course. The Company shall ----------------------------------------------- not permit to be done any act which would result in the breach of any of the covenants of the Company contained herein or which would cause the representations and warranties of the Company contained herein to become untrue or inaccurate as of any date subsequent to the date hereof. Without limiting the generality of the foregoing, the Company shall take all necessary actions to (i) operate its business diligently in the ordinary course of business as an ongoing concern and will use their best efforts to preserve intact the Company's organization and operations at current levels, to retain the services of the Company's present employees and to preserve the Company's relationships with its suppliers and customers and others having business relationships with the Company; (ii) maintain in good operating condition, ordinary wear and tear excepted, all of the Company's assets and properties which are in such condition as of the date hereof; (iii) maintain the books, accounts and records of the Company in the usual, regular and ordinary manner on a basis consistent with past practice in recent periods; (iv) refrain from entering into any contract, agreement, sales order, lease, capital expenditure or other commitment of a value in excess of $1,000.00 (other than purchases of raw materials and sales of inventory in the ordinary course of business), or from modifying, amending, canceling or terminating any of such contracts, agreements, leases or other commitments presently in force, except as expressly contemplated by this Agreement, without the prior approval of Art Exchange and the Purchasers (which approval shall not be unreasonably withheld and which may be verbal to be followed by written confirmation); (v) refrain from paying any bonus to any employee, officer or director and from declaring or paying any dividend, or making any other distribution in respect of, or from redeeming, the Nicklebys Common Stock; and (vi) refrain from issuing any capital stock of the Company or any other securities convertible into such capital stock.
Conduct of Business in the Ordinary Course. Since the Balance Sheet Date, and excluding the transactions contemplated in this Agreement there has not been:
Conduct of Business in the Ordinary Course. Except as specifically provided for in this Agreement, FFIN shall conduct its business in the ordinary course as heretofore conducted. For purposes of this Section 6.08, the ordinary course of business shall consist of the banking and related business as presently conducted by FFIN and its Subsidiaries, and engaging in acquisitions and assisting in the management of its Subsidiaries.
Conduct of Business in the Ordinary Course. Each of Global and U S WEST covenants and agrees that, between the date hereof and the Effective Time, unless the Transition Committee shall otherwise consent in writing, and except as described on Schedule 6.2 hereto or as otherwise expressly contemplated hereby, the business of such Party and its Subsidiaries shall be conducted only in, and such entities shall not take any action except in, the ordinary course of business and in a manner consistent with past practice and all Legal Requirements and Permits; and each of Global and U S WEST and their respective Subsidiaries will use their commercially reasonable efforts to preserve substantially intact their business organizations, to keep available the services of those of their present officers, employees and consultants who are integral to the operation of their businesses as presently conducted and to preserve their present relationships with significant customers and suppliers and with other persons with whom they have significant business relations; provided, however, that no action by Global or U S WEST or its Subsidiaries with respect to matters specifically addressed by any other provision of this Section 6.2 shall be deemed a breach of this sentence unless such action would constitute a breach of one or more of such other provisions. By way of amplification and not limitation, unless the Transition Committee shall otherwise consent in writing, and except as set forth on Schedule 6.2 hereto or as otherwise expressly contemplated by this Agreement, each of Global and U S WEST agrees on behalf of itself and its Subsidiaries that they will not, between the date hereof and the Effective Time, directly or indirectly, do any of the following without the prior written consent of the other:
Conduct of Business in the Ordinary Course. Prior to the Effective Time:
Conduct of Business in the Ordinary Course. Prior to the Effective Time of the Merger:
Conduct of Business in the Ordinary Course. Except as specifically provided for in this Agreement, Interchange shall conduct its business in the ordinary course as heretofore conducted. For purposes of this Section 6.12, the ordinary course of business shall consist of the banking and related business as presently conducted by Interchange and the Interchange Subsidiaries, and engaging in acquisitions and assisting in the management of its Subsidiaries.
Conduct of Business in the Ordinary Course. Prior to the Closing Date, the Company shall operate only in the ordinary course consistent with past practice. Without limiting the generality of the foregoing, the Company shall not:
Conduct of Business in the Ordinary Course. The Company, TTI and each Subsidiary have conducted the Business only in the ordinary course and consistent with past practice.
