Covenants of Seller Before Closing Date Sample Clauses

Covenants of Seller Before Closing Date. (a) During the Transition Period, except as may be necessary to comply with Philippine Law, upon prior notice from BUYER, SELLER will grant BUYER reasonable access during normal business hours to the Purchased Assets, contracts, books, records and other relevant documents in relation to the Purchased Assets that BUYER may reasonably request. During the Transition Period, BUYER may, subject to the prior written approval of SELLER, which approval shall not be unreasonably withheld, assign a maximum of ten (10) Representatives to witness the operation and maintenance of the Purchased Assets. BUYER’s rights under this paragraph (a) shall be subject to BUYER and its Representatives at all times (i) being accompanied by a Representative of SELLER and (ii) strictly abiding by the rules of SELLER or the plant and corporate policies being implemented at the site where the Purchased Assets are situated. BUYER shall and shall cause its Representatives to hold confidential all information obtained pursuant to this Section in accordance with the terms of the Confidentiality Agreement executed by BUYER as an interested party as part of the Negotiated Sale Process. BUYER shall not restrict or interfere with SELLER’s rights over the Purchased Assets, including the latter’s operation and maintenance, at any time before the Closing Date.
AutoNDA by SimpleDocs
Covenants of Seller Before Closing Date 

Related to Covenants of Seller Before Closing Date

  • PRE-CLOSING COVENANTS OF SELLER Seller hereby covenants and agrees that, between the date hereof and the Closing, it will comply with the provisions of this Article IV, except to the extent Purchaser may otherwise consent in writing.

  • Covenants of Buyer Prior to Closing Date If the Closing does not occur on the date of this Agreement, between the date of this Agreement and the Closing Date Buyer will use its Best Efforts to cause the conditions in Sections 6 and 7 to be satisfied.

  • Covenants of Seller Prior to Closing (a) From the Effective Date until the Closing or earlier termination of this Agreement, Seller or Seller’s agents shall:

  • Covenants of Sellers Sellers agree that:

  • Covenants of Seller Seller covenants and agrees with Buyer as follows:

  • PRE-CLOSING COVENANTS The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing.

  • COVENANTS OF SELLER AND BUYER Seller and Buyer each covenant with the other as follows:

  • Covenants Pending Closing Pending the Closings, the Company will conduct and will cause its Subsidiaries to conduct their respective businesses in the ordinary course, and will not, and will not permit any of its Subsidiaries to, without the prior written consent of the Majority Holders, take any action which would result in any of the representations or warranties contained in this Agreement not being true at and as of the time immediately after such action, or in any of the covenants contained in this Agreement becoming incapable of performance. The Company will promptly advise the Investors of any action or event of which it becomes aware which has the effect of making incorrect any of such representations or warranties or which has the effect of rendering any of such covenants incapable of performance.

  • COVENANTS OF BUYER AND SELLER Buyer and Seller agree that:

  • Post-Closing Covenants The Parties agree as follows with respect to the period following the Closing.

Time is Money Join Law Insider Premium to draft better contracts faster.