Common use of Operation of the Business of the Company Clause in Contracts

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Master Graphics Inc), Stock Purchase Agreement (Americas Shopping Mall Inc)

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Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers the Company will, and Sellers will cause the Company to: , (a) conduct the business of the Company only in the Ordinary Course of Business; , (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, employees and agents of the Company, and maintain the relations and good will goodwill with suppliers, customers, landlords, creditors, employees, agents, agents and others having business relationships with the Company; , (c) confer with Buyer concerning operational matters of a material nature; and nature and (d) otherwise report periodically monthly in a reasonable form and manner to Buyer concerning the status of the business, operations, operations and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers willthe Stockholders shall, and will shall cause the Company to: (a) conduct the business of the Company only in the Ordinary Course ordinary course of Businessbusiness; (b) use their Best Efforts best efforts to preserve intact the current business organization of the Company, keep available the services of the current Company’s officers, employees, and agents of the Companyagents, and maintain the Company’s relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Companyit; (c) confer with Buyer concerning and CLARCOR prior to implementing operational matters decisions of a material nature; and (d) upon the request of CLARCOR, otherwise report periodically to Buyer and CLARCOR concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Clarcor Inc)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer Purchaser concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer Purchaser concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Merger Agreement (Intermagnetics General Corp)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers the Parent Seller will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the current relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with the Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to the Buyer concerning the status of the business, operations, and finances of the CompanyCompany as reasonably requested by Buyer.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Measurement Specialties Inc)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts best efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Master Graphics Inc)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, the Sellers will, and will cause the Company to: to (a) conduct the business of the Company only in the Ordinary Course of Business; ; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; ; (c) confer with the Buyer concerning operational matters of a material nature; and and (d) otherwise report periodically to the Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock and Real Estate Purchase Agreement (American Locker Group Inc)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers willwill use their Best Efforts to, and will use their Best Efforts to cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Merger Agreement (Office Centre Corp)

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Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers Shareholders will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will of the Company with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Merger Agreement (Accel International Corp)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers Seller will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their its Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nortech Systems Inc)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers the Company will, and the Shareholders will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, keep available the services of the current officers, employees, and agents of the Company, and maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) subject to applicable Legal Requirements, confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, operations and finances of the Company.

Appears in 1 contract

Samples: Merger Agreement (Beckman Coulter Inc)

Operation of the Business of the Company. Between the date of this Agreement and the Closing Date, Sellers will, and will cause the Company to: (a) conduct the business of the Company only in the Ordinary Course of Business; (b) use their Best Efforts to preserve intact the current business organization of the Company, use his best efforts to keep available the services of the current officers, employees, and agents of the Company, and to maintain the relations and good will with suppliers, customers, landlords, creditors, employees, agents, and others having business relationships with the Company; (c) confer with Buyer concerning operational matters of a material nature; and (d) otherwise report periodically to Buyer concerning the status of the business, operations, and finances of the Company.

Appears in 1 contract

Samples: Merger Agreement (Office Centre Corp)

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