Common use of New Contracts Clause in Contracts

New Contracts. Seller shall not enter into, materially modify or terminate any Service Contracts or other similar arrangements pertaining to the Property that would be binding on the Buyer or Property after Closing or waive any rights of Seller thereunder (except in the ordinary course of business), without in each case obtaining the prior written consent of Buyer. Buyer shall respond to any request for approval within three (3) Business Days after receipt of Seller’s request.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Cleanspark, Inc.), Amended and Restated Purchase and Sale Agreement (Cleanspark, Inc.), Purchase and Sale Agreement (Cleanspark, Inc.)

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New Contracts. Seller shall not enter into, materially modify or terminate any Service Contracts or other similar arrangements pertaining to the Property that would be binding on the Buyer or Property after Closing or waive any rights of Seller thereunder (except in the ordinary course of business), without in each case obtaining the prior written consent of Buyer, which consent shall not be unreasonably withheld, conditioned or delayed. Buyer shall respond to any request for approval within three (3) Business Days after receipt of Seller’s request.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Cleanspark, Inc.)

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