Common use of Preservation of Goodwill Clause in Contracts

Preservation of Goodwill. Following the Closing, Seller will restrict its activities so that Buyer's reasonable expectations with respect to the goodwill, business reputation, employee relations and prospects connected with the Assets will not be materially impaired. In furtherance, but not in limitation of, this general obligation, Seller agrees that, for a period of three (3) years following the Closing Date:

Appears in 2 contracts

Samples: Cinemaworks Asset Purchase Agreement (Chequemate International Inc), Cinemaworks Asset Purchase Agreement (Chequemate International Inc)

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Preservation of Goodwill. Following the Closing, Seller will restrict its activities so that Buyer's reasonable expectations with respect to the goodwill, business reputation, employee relations and prospects connected with the Assets will not be materially impaired. In furtherance, furtherance but not in limitation of, of this general obligation, Seller agrees that, for a period of three (3) years following the Closing Date, or as long as Buyer or its heirs, assigns or successors in interest carry on a like business in the counties or areas specified, whichever is shorter:

Appears in 2 contracts

Samples: Asset Purchase Agreement (Patient Infosystems Inc), Asset Purchase Agreement (Healthdesk Corp)

Preservation of Goodwill. Following the Closing, Seller will restrict its activities so that Buyer's reasonable expectations with respect to the goodwill, business reputation, employee relations and prospects connected with the Assets will not be materially impaired. In furtherance, but not in limitation of, this general obligation, Seller agrees that, for a period of the longer of (a) three (3) years following the Closing Date:; or (b) for the term of the contracts attached as part of SCHEDULE 1.1;

Appears in 1 contract

Samples: Express Asset Purchase Agreement (Chequemate International Inc)

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Preservation of Goodwill. Following the Closing, Seller will restrict its ------------------------ activities so that Buyer's reasonable expectations with respect to the goodwill, business reputation, employee relations and prospects connected with the Assets will not be materially impaired. In furtherance, but not in limitation of, this general obligation, Seller agrees that, for a period of three (3) years following the Closing Date:

Appears in 1 contract

Samples: Cinemaworks Asset Purchase Agreement (Cinema Internet Networks Inc)

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