COVENANTS BEFORE CLOSING Sample Clauses
The "Covenants Before Closing" clause sets out the obligations and actions that parties must undertake or refrain from between signing an agreement and the actual closing of a transaction. Typically, this includes requirements for the seller to operate the business in the ordinary course, maintain assets, and not enter into significant new contracts or liabilities without the buyer's consent. These covenants help ensure that the business remains in substantially the same condition as when the agreement was signed, thereby protecting the buyer from unexpected changes or risks before the transaction is finalized.
COVENANTS BEFORE CLOSING. Section 4.1 Affirmative Covenants of the Company.........................................21 Section 4.2 Negative Covenants of the Company............................................23 Section 4.3
COVENANTS BEFORE CLOSING. 18 Section 4.1 AFFIRMATIVE COVENANTS OF THE SELLER..........................................18 Section 4.2 NEGATIVE COVENANTS OF THE SELLER.............................................19 Section 4.3 EXCLUSIVITY..................................................................20 Section 4.4
COVENANTS BEFORE CLOSING. Between the date of this Contract and the Closing Date, Seller covenants and agrees that Seller shall (i) not enter into any contract or other agreement (or any amendment to any contract or other agreement) in connection with the operation or maintenance of the Property which is not terminable upon thirty (30) days notice; and (ii) not enter into any binding agreement, understanding, letter of intent, or other commitment or arrangement of any kind with any other person, firm, corporation, or other entity relating to the sale, lease, or other disposition of the Property.
COVENANTS BEFORE CLOSING. 5.01 Covenants of the Sellers and the Shareholders Before the Closing...................................................... 32 5.02 Covenants of the Buyer Before the Closing.................... 36 ARTICLE VI OTHER COVENANTS
COVENANTS BEFORE CLOSING