Prohibition of Certain Commitments. Not enter into a commitment for expenditures or incur any liability exceeding $25,000, in the aggregate, except (i) as may be necessary or desirable for the maintenance of existing facilities, machinery and equipment in the ordinary course of business or in connection with measures taken to effect the Merger, as described herein, (ii) as in otherwise consented to in writing by PROVIDENCE, or (iii) as may otherwise be in the ordinary course of business.
Appears in 2 contracts
Samples: Merger Agreement (Providence Capital I Inc), Merger Agreement (United American Companies Inc)
Prohibition of Certain Commitments. Not enter into a commitment for expenditures or incur any liability exceeding $25,000, in the aggregate, except (i) as may be necessary or desirable for the maintenance of existing facilities, machinery and equipment in the ordinary course of business or in connection with measures taken to effect the Merger, as described herein, (ii) as in otherwise consented to in writing by PROVIDENCEALBARA, or (iii) as may otherwise be in the ordinary course of business.
Appears in 2 contracts
Samples: Merger Agreement (Leapfrog Smart Products Inc), Merger Agreement (Albara Corp)
Prohibition of Certain Commitments. Not enter into a commitment for expenditures or incur any liability exceeding $25,000, in the aggregate, except (i) as may be necessary or desirable for the maintenance of existing facilities, machinery and equipment in the ordinary course of business or in connection with measures taken to effect the Merger, as described herein, (ii) as in otherwise consented to in writing by PROVIDENCEOAK BROOK, or (iii) as may otherwise be in the ordinary course of business.
Appears in 1 contract
Samples: Merger Agreement (Alpha Fibre Inc)
Prohibition of Certain Commitments. Not enter into a commitment for expenditures or incur any liability exceeding $25,000, in the aggregate, except (i) as may be necessary or desirable for the maintenance of existing facilities, machinery and equipment in the ordinary course of business or in connection with measures taken to effect the Merger, as described herein, (ii) as in otherwise consented to in writing by PROVIDENCEby, or (iii) as may otherwise be in the ordinary course of business.
Appears in 1 contract
Samples: Merger Agreement (Alpha Fibre Inc)
Prohibition of Certain Commitments. Not enter into a commitment for expenditures or incur any liability exceeding $25,000, in the aggregate, except (i) as may be necessary or desirable for the maintenance of existing facilities, machinery and equipment in the ordinary course of business or in connection with Exhibit 1.1 - Pg. 21 measures taken to effect the Merger, as described herein, (ii) as in otherwise consented to in writing by PROVIDENCE, or (iii) as may otherwise be in the ordinary course of business.
Appears in 1 contract
Samples: Merger Agreement (Lifelong Com Inc)