Common use of Covenants of the Amalgamating Corporation Clause in Contracts

Covenants of the Amalgamating Corporation. Each Amalgamating Corporation covenants: (a) to carry on its business in the usual and ordinary course, consistent with past practice and not materially impair the value of such Amalgamating Corporation’s assets nor materially increase the value of the such Amalgamating Corporation’s liabilities other than in the ordinary course of business; (b) to use all reasonable commercial efforts to preserve intact its business, organization and goodwill, to keep available the employees of its business as a group and to maintain satisfactory relationships with third parties; (c) to place before the members of such Amalgamating Corporation, and to support the recommendation of, the Amalgamation Special Resolution on or prior to September 1, 2020; (d) use all reasonable commercial efforts (i) to obtain all Regulatory Approvals, and

Covenants of the Amalgamating Corporation. Each Amalgamating Corporation covenants: (a) to carry on its business in the usual and ordinary course, consistent with past practice and not materially impair the value of such Amalgamating Corporation’s assets nor materially increase the value of the such Amalgamating Corporation’s liabilities other than in the ordinary course of business; (b) to use all reasonable commercial efforts to preserve intact its business, organization and goodwill, to keep available the employees of its business as a group and to maintain satisfactory relationships with third parties; (c) to place before the members of such Amalgamating Corporation, and to support the recommendation of, the Amalgamation Special Resolution on or prior to September 1December 15, 2020; (d) use all reasonable commercial efforts (i) to obtain all Regulatory Approvals, and