Common use of NO CONTINUING INTEREST Clause in Contracts

NO CONTINUING INTEREST. Following Closing, neither SELLER nor any officer, director or shareholder of SELLER will have any direct, indirect or beneficial ownership or other financial interest in any real or personal property which is in any way involved with or related to the operation of the Assets being purchased by BUYER.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Universal Outdoor Inc), Asset Purchase Agreement (Universal Outdoor Holdings Inc)

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NO CONTINUING INTEREST. Following Closing, neither SELLER nor any officer, director or shareholder of SELLER will have any direct, indirect or beneficial ownership or other financial interest in any real or personal property which is in any way involved with or related to the operation of the Assets sign structures being purchased by BUYER.

Appears in 1 contract

Samples: Asset Purchase Agreement (Universal Outdoor Inc)

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NO CONTINUING INTEREST. Following Closing, neither SELLER nor any officer, director director, shareholder or shareholder affiliate of SELLER will have any direct, indirect or beneficial ownership or other financial interest in any real or personal property which is in any way involved with or related to the operation of the Assets being purchased by BUYERBUYER except as provided on Exhibit 10.15.

Appears in 1 contract

Samples: Asset Purchase Agreement (Universal Outdoor Holdings Inc)

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