Common use of PROPERTIES; MATERIAL CONTRACTS Clause in Contracts

PROPERTIES; MATERIAL CONTRACTS. The Corporation will use, and will cause its Subsidiaries to use, all reasonable efforts to (a) maintain and keep their respective properties in their current condition in all material respects, except for ordinary wear and tear and damage due to casualty or other extraordinary occurrence, and (b) perform in all material respects their respective obligations under the Material Contracts.

Appears in 4 contracts

Samples: Share Purchase Agreement and Plan of Merger (Outsourcing Solutions Inc), Share Purchase Agreement and Plan of Merger (Gulf State Credit LLP), Share Purchase Agreement and Plan of Merger (Sherman Acquisition Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!