Operations During Interim Period. (a) During the Interim Period, Seller shall take all reasonable steps, consistent with Seller's past practices, to (i) keep in full force and effect all of Seller’s rights in and to the Assets by the proper payment of rentals, royalties and other sums due and payable under the Leases and the Contracts and by the proper performance of all obligations thereunder, (ii) to the extent that Seller is the operator of any of the Assets, produce, operate and maintain such Assets in compliance with all applicable Laws and as a prudent operator and (iii) pay or cause to be paid when due all expenses incurred by Seller for maintaining, developing and operating the Assets.
Operations During Interim Period. Except: (w) as expressly set forth in Schedule 9.1; (x) for the operations covered by the AFEs and other capital commitments described in Schedule 7.12; (y) as expressly set forth in the 2014 Work Program and Budget; and (z) as expressly contemplated by this Agreement or expressly consented to in writing by Buyer (which consent shall not be unreasonably delayed, withheld or conditioned):
Operations During Interim Period. During the Interim Period, the Vendor shall cause INM:
Operations During Interim Period. (a) Except as otherwise expressly contemplated under this Agreement in connection with the transactions contemplated hereby (including obtaining the Seller Approvals and the Seller Consents and satisfying the Interconnection and Capacity Requirement) or expressly consented to in writing by Buyer (such consent not to be unreasonably withheld, conditioned or delayed), during the Interim Period, Seller will (i) operate the Business in the ordinary course and in a manner that is materially consistent with Prudent Engineering and Operating Practices (including maintaining a quantity and type of materials, supplies and spare parts materially consistent with Prudent Engineering and Operating Practices), (ii) make expenditures substantially in accordance with the Budget (subject to any deviations that Seller reasonably determines are consistent with Prudent Engineering and Operating Practices) and (iii) use commercially reasonable efforts to maintain the Project in a manner that is materially consistent with Prudent Engineering and Operating Practices so as to preserve and maintain the Project in the same condition (after giving effect to the accumulated run hours of the Project and the number of fired starts at the Project) as it exists on the date hereof, ordinary wear and tear excepted. Prior to the Closing, Seller will, and Seller will cause USPG and Eastern Covert LLC to, amend the Asset Management Agreement to (A) cause its term to be extended through May 31, 2024, and (B) enable Seller (or Buyer as its assignee) to terminate the same for convenience upon five (5) days' written notice without termination payment, liquidated damage or other penalty. Prior to the Closing, and after the Closing at all times during which the Asset Management Agreement remains in force between Buyer and USPG, Seller will cause USPG not to allow the O&M Agreement to expire or otherwise terminate the O&M Agreement.
Operations During Interim Period. 31 5.3 Consents to Change of Control . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 5.4
Operations During Interim Period. During the Interim Period, the Vendor shall cause the Company and the Subsidiary:
Operations During Interim Period. During the Interim Period Seller, in its sole discretion, shall use, operate and maintain the Assets in substantially the same manner in which they have been used, operated and maintained prior to the Effective Date. In addition, to the extent Seller is permitted to do so under the Asset Documents and applicable confidentiality obligations, and to the extent that the following are reasonably within Seller’s control, Seller shall to do the following:
Operations During Interim Period. During the period between the Signing Date and the Closing Time, except as specifically contemplated in this Agreement, Vendor shall:
Operations During Interim Period. (a) TSE agrees that, from the date of this Agreement through the Merger Date, TSE shall, except as otherwise specifically provided in this Agreement (including the Administrative Transition/Staff Plan attached as Exhibit F), continue to operate in its customary, usual and ordinary course and will use reasonable best efforts to preserve its assets and meet its ongoing obligations.
