Common use of Interim Operations Prior to Closing Clause in Contracts

Interim Operations Prior to Closing. Seller hereby covenants and agrees that, between the Effective Date of this Agreement and Closing, Seller shall cause the Business to be operated and conducted in the ordinary course in accordance with prior practices and cause the Business to be carried on diligently and substantially in the manner as heretofore conducted in the ordinary course of business commensurate with the scale of operations during the sixty (60) days prior to the date of this Agreement. Seller shall not take actions or operate the Business in such a way as to cause or precipitate any diminution in the Business’ prospective, post-closing sales or any material shift in the Business’ post-closing revenue streams. Without limitation, Seller shall use all reasonable efforts to preserve intact its present business organization, keep available the services of its Key Employees and Business Employees and maintain satisfactory relationships with customers, suppliers, landlord and others having business relationships with the Business.

Interim Operations Prior to Closing. Seller hereby covenants and agrees that, between the Effective Date of this Agreement and Closing, Seller shall cause the Business to be operated and conducted in the ordinary course in accordance with prior practices and cause the Business to be carried on diligently and substantially in the manner as heretofore conducted in the ordinary course of business commensurate with the scale of operations during the sixty (60) days prior to the date of this Agreement. Seller shall not take actions or operate the Business in such a way as to cause or precipitate any diminution in the Business’ prospective, post-closing sales or any material shift in the Business’ post-closing revenue streams. Without limitation, Seller shall use all reasonable efforts to preserve intact its present business organization, keep available the services of its Key Employees and Business Employees and maintain satisfactory relationships with customers, suppliers, landlord and others having business relationships with the Business.. INDEMNIFICATION