Conduct Pending the Closing. CAI and the Shareholders 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 CAI. 7.2. CAI will use its 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. None of the Shareholders will sell, transfer, assign, hypothecate, lien, or otherwise dispose of or encumber the FXI shares of common stock owned by them.
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Samples: Agreement and Plan of Reorganization (Seventhcai Inc)
Conduct Pending the Closing. CAI and the Shareholders 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 CAI.
7.2. CAI will use its 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. None of the Shareholders will sell, transfer, assign, hypothecate, lien, or otherwise dispose of or encumber the FXI CSI shares of common stock owned by them.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Sixthcai Inc)
Conduct Pending the Closing. CAI and the Shareholders 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 CAI.
7.2. CAI will use its 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. None of the Shareholders will sell, transfer, assign, hypothecate, lien, or otherwise dispose of or encumber the FXI NET shares of common stock owned by them.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Firstcai Inc)
Conduct Pending the Closing. CAI and the Shareholders 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 CAI.
7.2. CAI will use its 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. None of the Shareholders will sell, transfer, assign, assign hypothecate, lien, or otherwise dispose of or encumber the FXI OPLI shares of common stock owned by them...
Appears in 1 contract
Samples: Merger Agreement (Fifthcai Inc)