Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures.
Normal Course of Business. The Receivables were acquired by the Seller in accordance with its normal underwriting procedures. Documents Retail Note Contract and other transaction documents Receivable File Procedures to be Performed
Normal Course of Business. After the date of this Agreement, the Seller shall cause the Business to be carried on in the normal course of business.
Normal Course of Business. Seller shall continue to operate, manage and maintain the Property in such condition so that the Property shall be in the same condition as of the Closing Date as it is as of the Effective Date, reasonable wear and tear and casualty excepted. In no event shall Seller be required to improve the Real Property or to undertake any expenditures resulting in improvement of the Real Property. Seller shall maintain liability and property insurance policies in connection with the Property and shall keep in effect and renew without modification all licenses, permits and entitlements applicable to the Property. Seller's existing liability and property insurance pertaining to the Property will be canceled by Seller as of the Closing Date.
Normal Course of Business. Seller shall use commercially reasonable efforts to continue to operate, manage and maintain the Property in such condition so that the Property shall be in substantially the same condition as of the Closing Date as it was on the Effective Date, ordinary wear and tear excepted. Ordinary wear and tear shall not include any failure by Seller to utilize good maintenance practices. Seller shall maintain all existing insurance policies in connection with the Property. Except as may be required with respect to Seller or Seller’s Property by the REA or the Declaration of Covenants, Conditions and Restrictions for Vintage Park dated December 27, 1985, and recorded December 27, 1985 in the Official Records of the County as Document No. 85138387 Seller’s existing liability and property insurance pertaining to the Property may be canceled by Seller as of the Closing Date. Seller shall not make any material alterations to the Property without the prior written approval of Buyer, which may be withheld in Buyer’s sole discretion.
Normal Course of Business. Seller shall use commercially reasonable efforts to continue to operate, manage and maintain the Property in such condition so that the Property shall be in substantially the same condition as of the Closing Date as it is as of the Effective Date, reasonable wear and tear, casualty, the Closure Work and work performed by Seller at Buyer’s request, excepted. Seller shall maintain all existing insurance policies in connection with the Property and shall keep in effect and renew without material modification all licenses and permits listed on Schedule 3.8(a) (as updated from time to time by Buyer and Seller in writing) and entitlements applicable to the Property. Seller shall cooperate reasonably with Buyer in obtaining any governmental building and construction related approvals (non-land use approvals) reasonably requested by Buyer without cost to Seller; provided, however, that such approvals may be terminable by Buyer, and shall be terminated by Buyer without cost to Seller, if this Agreement is terminated for any reason. Seller shall further cooperate with Buyer in obtaining confirmation from the City (including, permitting Buyer to draft an initial letter to the City, subject to Seller’s review) as to certain information regarding that certain Variance No. 86-V-6 (“Parking Variance”). Notwithstanding any provision herein to the contrary, Seller makes no covenants, representations or warranties regarding (i) the terms or application of the Parking Variance to the Real Property, (ii) whether or not the Parking Variance is in effect, or (iii) the compliance or non-compliance of the Real Property with the Parking Variance, and Buyer assumes all risk associated therewith at Closing. Seller shall not make any material alterations to the Property or remove any Personal Property other than the Removed Property and Closure Work without the prior written approval of Buyer, which approval shall not be unreasonably withheld or delayed.
Normal Course of Business. After the Effective Date of this Agreement, and through the Inspection Period, Seller shall cause the Practice to be carried on in the normal course of business, including maintaining normal inventory supplies.
Normal Course of Business. Each of the Partnership and the Company shall have operated its business in the normal course prior to Closing, except as permitted or required under this agreement or the Cellular 2000 Purchase Agreement or by Purchaser in writing, including without limitation the continuation by the Partnership of budgeted capital improvements, and shall have continued to market the Cellular System's services in the normal course of business and in accordance with past practices.
Normal Course of Business. From the date of this Agreement until the Closing Date, Alpha shall continue to conduct its business and affairs related to the Alpha Rights in the normal and ordinary course of business. Without the prior written consent of SciClone, Alpha shall not take any action, omit to take any required action, or execute or deliver any agreement with respect to the Alpha Rights which is not in the ordinary course of business of Alpha.
Normal Course of Business. Provided that 110 default has occurred on the Secured & Collateralized Promissory Note Document C-12172009b, Writer will use and possess the Collateral in the normal course of business. Further, Writer may liquidate, transfer, or exchange the Collateral into another viable investment vehicle with equal or greater value, including but not limited to bonds, money market funds, mutual funds, other stocks, or private placement convertible promissory notes or other investment vehicles. However, any liquidation, transfer, or exchange into another viable investment vehicle will not affect Holder's security, rights, or claims to the underlying Collateral. At any time upon Xxxxxx's request, Writer will promptly provide update on the investment vehicle placement of this Collateral.
