Maintenance of Business and Preservation of Permits and Services Sample Clauses

Maintenance of Business and Preservation of Permits and Services. Except as expressly contemplated by this Agreement, Seller shall cause the Company and each Subsidiary to carry on its business, in the ordinary course consistent with past practice. Neither Parent nor Seller shall cause the Company or any Subsidiary to terminate an officer thereof or to diminish the duties or responsibilities of such officer.
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Maintenance of Business and Preservation of Permits and Services. Seller shall use its best efforts to cause each of the Company and its Subsidiaries to carry on its respective business diligently in the ordinary course consistent with past practice. Seller shall use its best efforts to preserve the goodwill of each of the Company and its Subsidiaries, and, unless inconsistent therewith, to cause each of the Company and its Subsidiaries (i) to preserve its respective Contracts and material Permits in full force and effect, and (ii) to keep available the services of its respective present officers, employees, consultants and agents. Seller shall use its best efforts to deliver to Buyer the Final Financial Statements prior to Closing in accordance with the terms hereof.
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Maintenance of Business and Preservation of Permits and Services. Seller and the Company shall diligently carry on the Company's business, in the ordinary course consistent with past practice except as contemplated or required by this Agreement, or as otherwise agreed by the parties hereto. Seller and the Company shall use reasonable commercial efforts to: (i) preserve the Company's Material Contracts and material Permits in full force and effect, and (ii) preserve its goodwill.
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Maintenance of Business and Preservation of Permits and Services. The Sellers shall use their best efforts to cause the Company and the Subsidiaries, and the Company shall use its best efforts, to diligently carry on the business of the Company and the Subsidiaries in the ordinary course consistent with past practice (including, without limitation, past practice relating to cash management). The Sellers shall use their best efforts to cause the Company and each Subsidiary and the Company shall use its best efforts, to (i) preserve, protect and maintain all rights, properties and other assets necessary to permit the Company and each Subsidiary to conduct its business as presently conducted, (ii) to preserve their Material Contracts and material Permits in full force and effect, (iii) keep available the services of their present officers, employees, consultants and agents, (iv) maintain their present suppliers and customers and (v) preserve their goodwill. Sellers shall use their best efforts to prevent the Company and any Subsidiary from, and neither the Company nor any Subsidiary shall, close any of the retail stores currently in operation.
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Maintenance of Business and Preservation of Permits and Services. From the date hereof to the Closing Date, and except as contemplated or provided hereby or to the extent that GCFC and Buyer shall otherwise consent in writing, X'Xxxxxxx and Reserve shall:
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Related to Maintenance of Business and Preservation of Permits and Services

  • Compliance with Laws and Maintenance of Permits Borrower has obtained all governmental consents, franchises, certificates, licenses, authorizations, approvals and permits, the lack of which would have a Material Adverse Effect on Borrower. Borrower is in compliance in all material respects with all applicable federal, state, local and foreign statutes, orders, regulations, rules and ordinances (including, without limitation, Environmental Laws and statutes, orders, regulations, rules and ordinances relating to taxes, employer and employee contributions and similar items, securities, ERISA or employee health and safety) the failure to comply with which would have a Material Adverse Effect on Borrower.

  • Maintenance of Permits Seller shall make commercially reasonable efforts to maintain in existence all licenses, permits and approvals that are now in existence with respect to, and are required for, the ownership, operation or improvement of the Property, and are of a continuing nature.

  • Compliance with Law and Agreements; Maintenance of Licenses The Borrower shall comply, and shall cause each Subsidiary to comply, in all material respects with all Requirements of Law of any Governmental Authority having jurisdiction over it or its business (including the Federal Fair Labor Standards Act and all Environmental Laws). The Borrower shall, and shall cause each of its Subsidiaries to, obtain and maintain all licenses, permits, franchises, and governmental authorizations necessary to own its property and to conduct its business as conducted on the Closing Date. The Borrower shall not modify, amend or alter its certificate or articles of incorporation or bylaws, other than in a manner which does not adversely affect the rights of the Lenders or the Agent.

  • Conduct of Business and Maintenance of Existence (a) Continue to engage in its principal line of business as now conducted by it, (b) preserve, renew and keep in full force and effect its corporate existence and (c) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its principal line of business, except, in any such case, as otherwise permitted pursuant to subsection 6.5 or to the extent that failure to do so would not have a Material Adverse Effect.

  • Conduct of Business and Maintenance of Existence, etc (a) (i) Preserve, renew and keep in full force and effect its corporate existence and (ii) take all reasonable action to maintain all rights, privileges and franchises necessary or desirable in the normal conduct of its business, except, in each case, as otherwise permitted by Section 7.4 and except, in the case of clause (ii) above, to the extent that failure to do so could not reasonably be expected to have a Material Adverse Effect; and (b) comply with all Contractual Obligations and Requirements of Law except to the extent that failure to comply therewith could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Maintenance of Licenses The Owner Trustee will obtain and maintain any licenses that the Administrator informs the Owner Trustee are required to be obtained or maintained by the Owner Trustee under the laws of any State in connection with the Owner Trustee’s duties and obligations under the Transaction Documents.

  • OPERATION AND MAINTENANCE OF COMMON AREAS During the Term, Landlord shall operate all Common Areas within the Building and the Project. The term “Common Areas” shall mean all areas within the Building, Project and other buildings in the Project which are not held for exclusive use by persons entitled to occupy space.

  • Conduct of Business and Maintenance of Existence and Assets (a) Conduct continuously and operate actively its business according to good business practices and maintain all of its properties useful or necessary in its business in good working order and condition (reasonable wear and tear excepted and except as may be disposed of in accordance with the terms of this Agreement), including all licenses, patents, copyrights, design rights, tradenames, trade secrets and trademarks and take all actions necessary to enforce and protect the validity of any intellectual property right or other right included in the Collateral; (b) keep in full force and effect its existence and comply in all material respects with the laws and regulations governing the conduct of its business where the failure to do so could reasonably be expected to have a Material Adverse Effect; and (c) make all such reports and pay all such franchise and other taxes and license fees and do all such other acts and things as may be lawfully required to maintain its rights, licenses, leases, powers and franchises under the laws of the United States or any political subdivision thereof where the failure to do so could reasonably be expected to have a Material Adverse Effect.

  • Operation and Maintenance of Properties The Borrower, at its own expense, will, and will cause each Subsidiary to:

  • Maintaining Records; Access to Properties and Inspections; Maintenance of Ratings (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all requirements of law are made of all dealings and transactions in relation to its business and activities. Each Loan Party will, and will cause each of its subsidiaries to, permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the properties of such Person at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances and condition of such Person with the officers thereof and independent accountants therefor.

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