Common use of Interim Operating Covenants Clause in Contracts

Interim Operating Covenants. Except as set forth on Schedule 4.5, during the Pre-Closing Period, the Company shall, and shall cause each other member of the Company Group (i) to operate its business in the ordinary course in substantially the same manner in which it previously has been conducted and (ii) use its reasonable best efforts to preserve intact in all material respects its business and assets and its relationships with customers, suppliers, employees and others having business dealings with it. Without limiting the generality of the foregoing, during the Pre-Closing Period, without the prior written consent of the Purchaser, the Company shall not, and shall cause each other member of the Company Group to not:

Appears in 2 contracts

Samples: Investment Agreement, Investment Agreement (Beacon Roofing Supply Inc)

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Interim Operating Covenants. Except as set forth on Schedule 4.5Section 4.5 of the Disclosure Letter, during the Pre-Closing Period, Period the Company shall, and shall cause each other member of the Company Group (i) to Member to, operate its business in the ordinary course in substantially the same manner in which it previously has been conducted and (ii) use its reasonable best efforts to preserve intact in all material respects its business and assets and its relationships with customers, suppliers, employees and others having business dealings with it. Without limiting the generality of the foregoing, during the Pre-Closing Period, without the prior written consent of the PurchaserPurchasers (such consent not to be unreasonably withheld, conditioned or delayed) or as contemplated herein, and except as set forth on Section 4.5 of the Disclosure Letter, the Company shall not, and shall cause each other member of the Company Group to notMember not to:

Appears in 1 contract

Samples: Investment Agreement (Roadrunner Transportation Systems, Inc.)

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Interim Operating Covenants. Except as set forth on Schedule 4.5, during the Pre-Closing Period, the Company shall, and shall cause each other member of the Company Group to use their respective reasonable best efforts (i) to operate its business in the ordinary course in substantially the same manner in which it previously has been conducted and (ii) use its reasonable best efforts to preserve intact in all material respects its business and assets and its relationships with customers, suppliers, employees and others having business dealings with it. Without limiting the generality of the foregoing, during the Pre-Closing Period, without the prior written consent of the Purchaser, the Company shall not, and shall cause each other member of the Company Group to not:

Appears in 1 contract

Samples: Investment Agreement (Resideo Technologies, Inc.)

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