Common use of Conduct Prior to Closing Clause in Contracts

Conduct Prior to Closing. From and after the Signing Date until the earlier of the Closing Date and the date on which this Agreement is terminated, the Company covenants and agrees as to itself and its Subsidiaries not to take any action that is intended or would reasonably be expected to result in any condition in Sections 8 and 9 not being satisfied. Each Investor hereby covenants and agrees to notify the Company upon the occurrence of any event prior to the Closing Date which would cause any representation, warranty, or covenant of the Investors contained in this Agreement to be false or incorrect.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Eagle Bulk Shipping Inc.), Stock Purchase Agreement (Derma Sciences, Inc.), Stock Purchase Agreement (Eagle Bulk Shipping Inc.)

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Conduct Prior to Closing. From and after the Signing Date until the earlier of the Closing Date and the date on which this Agreement is terminated, the Company covenants and agrees as to itself and its Subsidiaries not to take any action that is intended or would reasonably be expected to result in any condition in Sections 8 and 9 not being satisfied. Each Investor hereby covenants and agrees to notify the Company upon the occurrence of any event prior to the Closing Date which would cause any representation, warranty, warranty or covenant of the Investors contained in this Agreement to be false or incorrect.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Pangaea Logistics Solutions Ltd.), Stock Purchase Agreement (Pangaea Logistics Solutions Ltd.)

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