Common use of Customer and Other Business Relationships Clause in Contracts

Customer and Other Business Relationships. After Closing, Seller will cooperate with Purchaser in its efforts to continue and maintain for the benefit of Purchaser those business relationships of Seller existing prior to the Closing and relating to the business to be operated by Purchaser after the Closing, including relationships with employees, customers, licensors, regulatory authorities, suppliers, lenders, agents, franchisees, lessors, service providers, contractors and others; provided, however, Seller's obligations under this sentence shall survive the Closing only until the end of the 3rd full calendar month following the Closing; and provided further, however, that Seller will not be obligated to incur any expense in performing its obligations under this sentence. In addition to the foregoing, Seller will satisfy any retained Liabilities (that are not Assumed Liabilities) in a manner that is not detrimental to any of the above-described relationships. Seller will refer to Purchaser all inquiries relating to the Business following the Closing Date. Neither Seller nor Xxxx shall take any action that would diminish the value of the Assets after the Closing or which would interfere with the business of Purchaser after the Closing, including, without limitation, disparaging the name or business of Purchaser. The provisions of this Section shall survive the Closing; provided, however, to the extent any provisions of this Section specifically state that they shall survive the Closing for a certain period of time, such provisions shall survive the Closing only for such specified period of time. Section 5.13

Appears in 1 contract

Samples: Asset Purchase Agreement

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Customer and Other Business Relationships. After Closing, Seller will cooperate with Purchaser in its efforts to continue and maintain for the benefit of Purchaser those business relationships of Seller existing prior to the Closing and relating to the business to be operated by Purchaser after the Closing, including relationships with employees, customers, licensors, regulatory authorities, suppliers, lenders, agents, franchisees, lessors, service providers, contractors and others; provided, however, Seller's ’s obligations under this sentence shall survive the Closing only until the end of the 3rd full calendar 6th month following the Closing; and provided further, however, that Seller will not be obligated to incur any expense in performing its obligations under this sentence. In addition to the foregoing, Seller will satisfy any retained Liabilities (that are not Assumed Liabilities) in a manner that is not detrimental to any of the above-described relationships. Seller will refer to Purchaser all inquiries relating to the Business following as conducted as of the Execution Date and as of the Closing Date. Neither Seller nor Xxxx Principal shall take any action that would tend to diminish the value of the Assets after the Closing or which would interfere with the business of Purchaser after the Closing, including, without limitation, disparaging the name or business of Purchaser. The provisions of this Section shall survive the Closing; provided, however, to the extent any provisions of this Section specifically state that they shall survive the Closing for a certain period of time, such provisions shall survive the Closing only for such specified period of time. Section 5.13.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cash America International Inc)

Customer and Other Business Relationships. After Closing, Seller will cooperate with Purchaser in its efforts to continue and maintain for the benefit of Purchaser those business relationships of Seller existing prior to the Closing and relating to the business to be operated by Purchaser after the Closing, including relationships with lessors, employees, customers, licensors, regulatory authorities, licensors, customers, suppliers, lenders, agents, franchisees, lessors, service providers, contractors and others; provided, however, Seller's obligations under this sentence shall survive the Closing only until the end of the 3rd full calendar 6th month following the Closing; and provided further, however, that Seller will not be obligated to incur any expense in performing its obligations under this sentence. In addition to the foregoing, Seller will satisfy any retained Liabilities (that are not Assumed Liabilities) in a manner that is not detrimental to any of the above-described relationships. Seller will refer to Purchaser all inquiries relating to the Business following the Closing Datesaid business. Neither Seller nor Xxxx any of its officers, employees, agents, or shareholders, shall take any action that which would tend to diminish the value of the Assets after the Closing or which would interfere with the business of Purchaser to be engaged in after the ClosingClosing Date, including, without limitation, disparaging the name or business of Purchaser. The provisions of this Section shall survive the Closing; provided, however, to the extent any provisions of this Section specifically state that they shall survive the Closing for a certain period of time, such provisions shall survive the Closing only for such specified period of time. Section 5.13.

Appears in 1 contract

Samples: Asset Purchase Agreement (Cash America International Inc)

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Customer and Other Business Relationships. After Closing, Seller will cooperate with Purchaser in its efforts to continue and maintain for the benefit of Purchaser those business relationships of Seller existing prior to the Closing and relating to the business to be operated by Purchaser after the Closing, including relationships with employees, customers, licensors, regulatory authorities, suppliers, lenders, agents, franchisees, lessors, service providers, contractors and others; provided, however, Seller's obligations under this sentence shall survive the Closing only until the end of the 3rd full calendar month following the Closing; and provided further, however, that Seller will not be obligated to incur any expense in performing its obligations under this sentence. In addition to the foregoing, Seller will satisfy any retained Liabilities (that are not Assumed Liabilities) in a manner that is not detrimental to any of the above-described relationships. Seller will refer to Purchaser all inquiries relating to the Business following the Closing Date. Neither Seller nor Xxxx Mack shall take any action that would diminish the value of the Assets after xxxer the Closing or which would interfere with the business of Purchaser after the Closing, including, without limitation, disparaging the name or business of Purchaser. The provisions of this Section shall survive the Closing; provided, however, to the extent any provisions of this Section specifically state that they shall survive the Closing for a certain period of time, such provisions shall survive the Closing only for such specified period of time. Section 5.13.

Appears in 1 contract

Samples: Defined Term (Cash America International Inc)

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