Common use of Maintenance of Business Prior to Closing Clause in Contracts

Maintenance of Business Prior to Closing. Seller agrees that prior to Closing it shall operate its business in a manner consistent with prior business practice. In connection therewith, the parties agree that Seller may dealer trade vehicles for similar models, but Seller shall not liquidate or otherwise dispose of any of its new vehicles other than in the ordinary course of business to retail buyers. Seller agrees to maintain its advertising expenditures and activities commensurate with prior business practices. Seller shall not advertise a "Going Out of Business" sale. Seller agrees to pay (or contest, if disputed) Seller's trade payables, including Seller's telephone and yellow pages bills, through the Closing Date. All revenue and expenses prior to Closing shall be the benefit and burden of Seller.