Common use of Continuation of Business Clause in Contracts

Continuation of Business. Neither the Company nor the Shareholders know of any reason why the Company cannot continue its business in all material respects in the same manner following the execution of this Agreement and the Closing as it has been operated prior thereto, except to the extent that Lithia causes the business of the Company to change following the Closing.

Appears in 7 contracts

Samples: Agreement and Plan of Reorganization (Lithia Motors Inc), Agreement and Plan of Reorganization (Lithia Motors Inc), Agreement and Plan of Reorganization (Lithia Motors Inc)

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Continuation of Business. Neither the Company nor the Shareholders know of any reason why the Company cannot continue its business in all material respects in the same manner following the execution of this Agreement and the Closing as it has been operated prior thereto, except to the extent that Lithia causes the business of the Company to change following the Closing. Neither the Company nor the Shareholders has any reason to believe that at any time in the foreseeable future the business of the Company shall be materially or adversely affected by any event, except to the extent that Lithia causes the business of the Company to change following the Closing.

Appears in 2 contracts

Samples: 3 Stock Purchase Agreement (Lithia Motors Inc), Stock Purchase Agreement (Lithia Motors Inc)

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