Common use of Obligations of Vendor Clause in Contracts

Obligations of Vendor. 3.1 Until the Completion Date the Vendor will inform and keep the Purchaser informed of any matter which materially affects the Business and will consult the Purchaser before taking any action in respect of such matter. 3.2 The Vendor agrees that until the Completion Date it will not, except where such action or activity is in the ordinary course of business: (a) enter into any abnormal or unusual transactions relating to or adversely affecting any or all of the Assets; (b) incur any liabilities in relation to any or all of the Assets; (c) grant or agree to grant any encumbrance over any or all of the Assets.

Obligations of Vendor. 3.1 4.1 Until the Completion Date the Vendor will inform and keep the Purchaser informed of any matter which materially affects the Business and will consult the Purchaser before taking any action in respect of such matter. 3.2 4.2 The Vendor agrees that until the Completion Date it will not, except where such action or activity is in the ordinary course of business: (a) enter into any abnormal or unusual transactions relating to or adversely affecting any or all of the Assets; (b) incur any liabilities in relation to any or all of the Assets; (c) grant or agree to grant any encumbrance over any or all of the Assets.

Obligations of Vendor. 3.1 5.1 Until the Completion Date the Vendor will inform and keep the Purchaser informed of any matter which materially affects the Business and will consult the Purchaser before taking any action in respect of such soon matter. 3.2 5.2 The Vendor agrees that until the Completion Date it will not, except where such action or activity is in the ordinary course of business: (a) enter into any abnormal or unusual transactions transections relating to or adversely affecting any or all of the Assets; (b) incur any liabilities in relation to any or all of the Assets; (c) grant or agree to grant any encumbrance over ever any or all of the Assets.