Pre Closing Covenants of the Company. Between the date of this Agreement and the Closing Date:
Pre Closing Covenants of the Company. During the time period from the Agreement Date until the earlier to occur of (a) the Effective Time or (b) the termination of this Agreement in accordance with the provisions of Article 10, the Company covenants and agrees with Parent as follows:
Pre Closing Covenants of the Company. During the time period from the Agreement Date until the earlier to occur of (i) the Effective Time or (ii) the termination of this Agreement in accordance with Article 10, the Company covenants and agrees with Cadence as follows:
Pre Closing Covenants of the Company. The Company hereby covenants and agrees with the Purchasers that, between the date of this Agreement and the earlier of the Closing or the date of termination of this Agreement:
Pre Closing Covenants of the Company. AND THE STOCKHOLDERS --------------------------------------------------------- The Company and the Stockholders agree that:
Pre Closing Covenants of the Company. From the date of this Agreement until the Closing Date, except as otherwise consented to or approved by the Strategic Investor in writing or as contemplated by this Agreement, the Company agrees to comply with the following:
Pre Closing Covenants of the Company. The Company agrees, between the Effective Date and the Closing Date, as follows:
Pre Closing Covenants of the Company. Section 6.1. Approval of Company Stockholders Section 6.2. Conduct of Business Prior to the Effective Time
Pre Closing Covenants of the Company. During the period from the Agreement Date until the earlier to occur of the (i) Effective Time or (ii) the termination of this Agreement in accordance with Article 9, the Company and Stockholders covenant to and agree with Parent as follows:
Pre Closing Covenants of the Company. The Company covenants to the Purchaser that, during the Interim Period or the earlier termination of this Subscription Agreement, the Company shall:
(a) take, or cause to be taken, all commercially reasonable actions and to do, or cause to be done, all things necessary or proper, consistent with Laws, to consummate and make effective as soon as possible, the Transactions, provided that the foregoing shall not be construed as a requirement that the Company waive any Closing condition set out in Section 6.1 or 6.3.
(b) use commercially reasonable efforts to maintain its Inventory Assets, Equipment Assets and other assets, and shall not dispose of any of the foregoing outside of the ordinary course of business;
(c) use commercially reasonable efforts, in consultation with the Purchaser, to ensure that all current existing Cannabis Licenses and Permits as are required to continue the Business of the Company are maintained and preserved;
(d) carry on its Business, in the ordinary course, substantially as presently conducted and substantially consistent with past practice and taking into account ordinary practices in the industry in which the Company operates its Business;
(e) use all reasonable commercial efforts to preserve intact its Business and to preserve and maintain the assets of the Business; the Company shall not sell, transfer, lease, sublease, surrender or forfeit or otherwise dispose of any assets of the Business other than in the ordinary course of business consistent with past practice;
(f) furnish the Purchaser with access to the Books and Records any financial and operating data and other information with respect to the Company or the Business as the Purchaser will reasonably request; and permit the Purchaser to make such reasonable inspections and copies thereof as the Purchaser may require;
(g) answer reasonable questions from the Purchaser concerning operational matters relating to the Business and the Company’s assets; and
(h) subject to any Orders, comply in all material respects with any applicable Law.
