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 ALBARA, or (iii) as may otherwise be in the ordinary course of business.
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Samples: Plan and Agreement of Merger (Leapfrog Smart Products Inc), Plan and Agreement of Merger (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 ALBARAPROVIDENCE, or (iii) as may otherwise be in the ordinary course of business.
Appears in 2 contracts
Samples: Agreement and Plan of Merger and Reorganization (Providence Capital I Inc), Agreement and Plan of Merger and Reorganization (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 ALBARAby, or (iii) as may otherwise be in the ordinary course of business.
Appears in 1 contract
Samples: Plan and Agreement of Merger and Reorganization (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 ALBARAOAK BROOK, or (iii) as may otherwise be in the ordinary course of business.
Appears in 1 contract
Samples: Agreement and Plan (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 ALBARAPROVIDENCE, or (iii) as may otherwise be in the ordinary course of business.
Appears in 1 contract
