Common use of Continued Cooperation Clause in Contracts

Continued Cooperation. If the Closing occurs at a time when not all Regulatory Approvals have been obtained, the parties shall (i) continue to abide by their obligations hereunder to obtain all Regulatory Approvals, and (ii) cooperate in continuing to operate the Business, to the extent commercially practicable, in the ordinary course in those states with respect to which Regulatory Approvals have not been obtained, with the Purchaser receiving the economic benefits of such operation.

Appears in 2 contracts

Samples: Asset Purchase Agreement (GST Telecommunications Inc), Asset Purchase Agreement (Time Warner Telecom Inc)

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Continued Cooperation. If the Closing occurs at a time when not all Regulatory Approvals have not been obtained, the parties shall (i) continue to abide by their obligations hereunder to obtain all Regulatory Approvals, Approvals and (ii) cooperate in continuing to operate the Business, to the extent commercially practicable, in the ordinary course in those states with respect to which Regulatory Approvals have not been obtained, with the Purchaser receiving the economic benefits of such operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Corecomm LTD)

Continued Cooperation. If the Closing occurs at a time when not all Regulatory Approvals regulatory approvals have been obtained, the parties shall (i) continue to abide by their obligations hereunder to obtain all Regulatory Approvals, regulatory approvals and (ii) cooperate in continuing to operate the Business, to the extent commercially practicablereasonable, in the ordinary course in those the states with respect to which Regulatory Approvals regulatory approvals have not been obtained, with the Purchaser Buyer receiving the economic benefits of such operation.

Appears in 1 contract

Samples: Asset Purchase Agreement (Rhythms Net Connections Inc)

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Continued Cooperation. If the Closing occurs at a time when not all Regulatory Approvals have not been obtained, the parties shall (i) continue to abide by their obligations hereunder to obtain all Regulatory Approvals, Approvals and (ii) cooperate in continuing to operate the Business, to the extent commercially practicable, in the ordinary course in those states with respect to which Regulatory Approvals have not been obtained, with the Purchaser receiving the economic benefits of such operation.. ARTICLE VII CONDITIONS PRECEDENT Section 7.1

Appears in 1 contract

Samples: Asset Purchase Agreement (Usn Communications Inc)

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