Common use of Conduct Pending the Closing Clause in Contracts

Conduct Pending the Closing. Acquirer, Target and the Shareholder covenant that between the date of this Agreement and the Closing as to each of them: 7.1 No change will be made in the charter documents, by-laws, or other corporate documents of Acquirer or Target without the written consent of the parties hereto. 7.2 Target and Acquirer will use their best efforts to maintain and preserve its business organization, employee relationships, and goodwill intact, and will not enter into any material commitment except in the ordinary course of business. 7.3 The Shareholder will not sell, transfer, assign, hypothecate, lien, or otherwise dispose or encumber the Target shares of common stock owned by him.

Conduct Pending the Closing. Acquirer, Target and the Shareholder Seller covenant that between the date of this Agreement and the Closing as to each of them: 7.1 No change will be made in the charter documents, by-laws, or other corporate documents of Acquirer or Target without the written consent of the parties hereto. 7.2 Target and Acquirer will use their best efforts to maintain and preserve its business organization, employee relationships, and goodwill intact, and will not enter into any material commitment except in the ordinary course of business. 7.3 The Shareholder Seller will not sell, transfer, assign, hypothecate, lien, or otherwise dispose or encumber the Target shares of common stock owned by him.

Conduct Pending the Closing. Acquirer, Target and the Shareholder Sellers covenant that between the date of this Agreement and the Closing as to each of them: 7.1 No change will be made in the charter documents, by-laws, or other corporate documents of Acquirer or Target without the written consent of the parties hereto. 7.2 Target and Acquirer will use their best efforts to maintain and preserve its business organization, employee relationships, and goodwill intact, and will not enter into any material commitment except in the ordinary course of business. 7.3 The Shareholder Sellers will not sell, transfer, assign, hypothecate, lien, or otherwise dispose or encumber the Target shares of common stock owned by himthem.

Conduct Pending the Closing. Acquirer, Target and the Shareholder Sellers covenant that between the date of this Agreement and the Closing as to each of them: 7.1 No change will be made in the charter documents, by-laws, or other corporate documents of Acquirer or Target without the written consent of the parties hereto. 7.2 Target and Acquirer will use their best efforts to maintain and preserve its business organization, employee relationships, and goodwill intact, and will not enter into any material commitment except in the ordinary course of business. 7.3 The Shareholder Sellers will not sell, transfer, assign, hypothecate, lien, or otherwise dispose or encumber the Target shares of common stock owned by him.