Common use of Regular Course of Business Clause in Contracts

Regular Course of Business. Santa Lucia will conduct its business in the same manner as heretofore conducted and Santa Lucia will not engage in any transaction or activity, enter into any agreement or make any commitment otherwise than in the ordinary course of business and consistent with past practice. Santa Lucia will not take any action the taking of which, or omit to take any action the omission of which, would cause any of the representations or warranties contained in Article III to fail to be true in any material respect at and as of any time prior to the Effective Time, except as otherwise permitted by this Agreement.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Medcare Technologies Inc), Agreement and Plan of Merger (Medcare Technologies Inc), Agreement and Plan of Merger (Medcare Technologies Inc)

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