Common use of Operation of Facilities Clause in Contracts

Operation of Facilities. Seller shall: (i) cause each Facility to be maintained and operated in the ordinary course of business consistent with such LLC's past practices (including the repair or replacement of damaged, destroyed, obsolete, depreciated, non-working, or non-economical items of equipment or other personal property) and in accordance with Good Operating Practices, maintain insurance now in force with respect to such Facility, and pay or cause to be paid all costs and expenses in connection therewith promptly when due, but Seller shall not be obligated by this clause (i) to cause any LLC to operate its Facility; and (ii) cause each of the LLCs to use its reasonable efforts to maintain its relationships with employees of any Affiliate of Seller assigned to the Businesses of the LLCs, suppliers, customers, and others having material business relationships relating to the LLCs, the Facilities, or the Businesses so that they will be preserved for Buyer on and after the Closing Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc)

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Operation of Facilities. Seller shall: (i) 1. cause each Facility to be maintained and operated in the ordinary course of business consistent with such LLC's past practices (including the repair or replacement of damaged, destroyed, obsolete, depreciated, non-working, or non-economical items of equipment or other personal property) and in accordance with Good Operating Practices, maintain insurance now in force with respect to such Facility, and pay or cause to be paid all costs and expenses in connection therewith promptly when due, but Seller shall not be obligated by this clause (i) to cause any LLC to operate its Facility; and (ii) 2. cause each of the LLCs to use its reasonable efforts to maintain its relationships with employees of any Affiliate of Seller assigned to the Businesses of the LLCs, suppliers, customers, and others having material business relationships relating to the LLCs, the Facilities, or the Businesses so that they will be preserved for Buyer on and after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Allegheny Energy Supply Co LLC)

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Operation of Facilities. Seller shall: (i) : cause each Facility to be maintained and operated in the ordinary course of business consistent with such LLC's past practices (including the repair or replacement of damaged, destroyed, obsolete, depreciated, non-working, or non-economical items of equipment or other personal property) and in accordance with Good Operating Practices, maintain insurance now in force with respect to such Facility, and pay or cause to be paid all costs and expenses in connection therewith promptly when due, but Seller shall not be obligated by this clause (i) to cause any LLC to operate its Facility; and (ii) and cause each of the LLCs to use its reasonable efforts to maintain its relationships with employees of any Affiliate of Seller assigned to the Businesses of the LLCs, suppliers, customers, and others having material business relationships relating to the LLCs, the Facilities, or the Businesses so that they will be preserved for Buyer on and after the Closing Date.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Allegheny Energy Inc)

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