No Extraordinary Transactions. Until the Closing the California General Partnership will conduct its business in the ordinary and usual course as such business was conducted prior to the date hereof and not engage in any extraordinary transactions without PGP-TG's prior written consent. Extraordinary transactions shall include, without limitation, the sale of any real property or any material asset, increase in compensation of any employees, implementation, modification or termination of any plan for the benefit of employees, issuance of any options, warrants or securities, borrowing of any funds under existing credit arrangements or otherwise, entering into any new contract or agreement (or extending any existing contract or agreement) unless such is cancelable by the California General Partnership (and after the Closing, by the Delaware Limited Partnership) in their discretion on a maximum of thirty (30) days' notice.
No Extraordinary Transactions. During the term of the exclusivity period of this agreement, Finova agrees that, without the consent of Leucadia, except in the ordinary course of business, Finova will not enter into any agreement for or take any action related to (i) the sale of assets,(ii) the sale of securities, (iii) any financings or refinancings, (iv) any reorganization, recapitalization, dissolution or liquidation of Finova, (v) the material amendment to any existing, or entering into any new, employment, severance or other employee benefit arrangements or (vi) other material matters; PROVIDED, HOWEVER, that Finova may enter into an agreement for an Acquisition Proposal which complies with the provisions of paragraph 7 of this agreement.
No Extraordinary Transactions. On the Closing Date, the Buyer shall cause each of the Sold Companies, the Venture Entities and the Subsidiaries to conduct its business in the ordinary course in substantially the same manner as presently conducted and on the Closing Date shall not permit the Sold Companies, the Venture Entities or the Subsidiaries to effect any extraordinary transactions (other than any such transactions expressly required by applicable law or provided for or permitted pursuant to this Agreement) that could result in Tax liability to the Sold Companies, the Venture Entities or any of the Subsidiaries in excess of Tax liability associated with the conduct of its business in the ordinary course.
No Extraordinary Transactions. During the period from the date of this agreement to the earlier of the termination of this agreement pursuant to its terms or the issuance of Shares, CommScope shall carry on its business in all material respects in the ordinary course consistent with past practice and in compliance in all material respects with all applicable laws and regulations. Without limiting the generality of the foregoing, during the period from the date of this agreement and continuing until the earlier of the termination of this agreement pursuant to its terms or the issuance of Shares, CommScope shall not, without Lucent's prior written consent:
No Extraordinary Transactions. On the Closing Date, Buyer shall cause each of the Transferred Subsidiaries to conduct its business in the ordinary course in substantially the same manner as presently conducted and on the Closing Date shall not permit the Transferred Subsidiaries to effect any extraordinary transactions (other than any such transactions expressly required by applicable law or provided for in this Agreement) that could result in Tax liability to the Transferred Subsidiaries in excess of Tax liability associated with the conduct of its business in the ordinary course.
No Extraordinary Transactions. Until the Closing Eden will conduct its business in the ordinary and usual course as such business was conducted prior to the date hereof, including, without limitation, using diligent efforts to lease any vacant space in the Improvements to creditworthy tenants at market rates and terms; provided, however, that Eden shall not engage in any extraordinary transactions without PGP's prior written consent. Extraordinary transactions shall include, without limitation, the sale of any real property or any material asset, increase in compensation of any employees, implementation, modification or termination of any plan for the benefit of employees, issuance of any options, warrants or securities, borrowing of any funds under existing credit arrangements or otherwise, entering into any new contract or agreement (or extending, terminating or modifying any existing contract or agreement) unless such is cancelable by Eden (and after the Closing, by the Operating Partnership) in their discretion on a maximum of thirty (30) days' notice. Extraordinary transactions shall also include entering into any new lease, occupancy agreement or other similar agreement of all or any portion of the Properties or extending, terminating, amending or supplementing
No Extraordinary Transactions. Accel shall deliver to Xxxxxx at the Closing a certificate in form and substance satisfactory to Xxxxxx, duly executed and acknowledged, certifying any facts that would exempt the transactions contemplated hereby from withholding pursuant to the provisions of the Foreign Investment in Real Property Tax Act.
No Extraordinary Transactions. The Buyer shall not cause the Companies to engage on the Closing Date in any transaction outside the ordinary course of business, other than the transactions described herein.
No Extraordinary Transactions. Unless and until the Initial Closing shall have occurred, Company will not, without having first obtained Purchaser's written consent, which consent shall not be unreasonably withheld, suffer or permit the occurrence of any of the following events or conditions, namely:
No Extraordinary Transactions. Unless and until the Secondary Closing shall have occurred, Company will not, at any time on or after the Initial Closing Date, without having first obtained the written consent of each of John X. Xxxxx XXX and Jamex X. Xxxxx XXX, which consent shall not be unreasonably withheld, suffer or permit the occurrence of any of the following events or conditions, namely:
