Common use of Obligations Pending the Closing Clause in Contracts

Obligations Pending the Closing. Seller and the Stockholders shall comply with all of the covenants in Section 8 of the Option Agreement through the Closing Date. In addition, Seller shall not: (i) increase the compensation or employee benefits of any employee of the Franchised Businesses without the written consent of Buyer, which shall not be unreasonably withheld, or (ii) except in the ordinary course of business consistent with Seller's past practices, offer or permit any special inducements for course sign-ups. Seller shall promptly notify Buyer of any material adverse change in the Franchised Businesses that occurs prior to the Closing Date.

Obligations Pending the Closing. Seller The Sellers and the Stockholders shall comply with all of the covenants in Section 8 7 of the Option Agreement through the Closing DateDATE. In addition, Seller the Sellers shall not: (i) increase the compensation or employee benefits of any employee of the Franchised Businesses without the written consent of Buyer, which shall not be unreasonably withheld, or (ii) except in the ordinary course of business consistent with Seller's the Sellers' past practices, offer or permit any special inducements for course sign-ups. Seller The Sellers shall promptly notify Buyer of any material adverse change in the Franchised Businesses that occurs prior to the Closing Date.

Obligations Pending the Closing. The Seller and the Stockholders Parties shall comply with all of the covenants in Section 8 9 of the Option Agreement through the Closing Date. In addition, Seller shall not: (i) increase the compensation or employee benefits of any employee of the Franchised Businesses Business without the written consent of Buyer, which shall not be unreasonably withheld, or (ii) except in the ordinary course of business consistent with Seller's past practices, offer or permit any special inducements for course sign-ups. Seller shall promptly notify Buyer of any material adverse change in the Franchised Businesses Business that occurs prior to the Closing Effective Date.

Obligations Pending the Closing. Seller The Sellers and the Stockholders shall comply with all of the covenants in Section 8 7 of the Option Agreement through the Closing Date. In addition, Seller the Sellers shall not: (i) increase the compensation or employee benefits of any employee of the Franchised Businesses without the written consent of Buyer, which shall not be unreasonably withheld, or (ii) except in the ordinary course of business consistent with Seller's the Sellers' past practices, offer or permit any special inducements for course sign-ups. Seller The Sellers shall promptly notify Buyer of any material adverse change in the Franchised Businesses that occurs prior to the Closing Date.