Common use of Preservation of the Business Clause in Contracts

Preservation of the Business. Without purporting to make any commitment on behalf of Purchaser, Seller shall exercise all reasonable efforts to: (i) preserve intact the present business organization and personnel of Seller; (ii) preserve the present relationship of Seller with all persons having business dealings with Seller; (iii) preserve and maintain in force all licenses, permits, registrations, franchises, and other similar rights applicable to the Business; and (iv) comply with all laws applicable to the conduct of the Business.

Preservation of the Business. Without purporting to make any commitment on behalf of PurchaserPurchase, Seller shall exercise all reasonable efforts to: to (i) preserve intact the present business organization and personnel of Seller; (ii) preserve the present relationship of Seller with all persons having business dealings with Seller; (iii) preserve and maintain in force all licenses, permits, registrations, franchises, franchisers and other similar rights applicable to in the Business; and (iv) comply with all laws applicable to the conduct of the Business.;