Common use of Restriction on Business Clause in Contracts

Restriction on Business. If the provisions of any of Articles 11, 12, 13 or 14 become applicable, then from such date until the Time of Closing (as defined in the particular Article) the Shareholders shall not do nor permit to be done anything except that which is in the ordinary course of business of the Corporation.

Appears in 3 contracts

Samples: Unanimous Shareholder Agreement, Unanimous Shareholder Agreement, Unanimous Shareholder Agreement

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Restriction on Business. If the provisions of any of Articles 115, 12, 13 6 or 14 7 become applicable, then from such date until the Time of Closing (as defined in the particular Article) the Shareholders shall not do nor permit to be done anything except that which is in the ordinary course of business of the CorporationCompany.

Appears in 1 contract

Samples: Shareholders’ Agreement (Red Mountain Ventures Limited Partnership)

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Restriction on Business. If the provisions of any of Articles 11Article 6, 12, 13 Article 7 or 14 Article 8 hereof become applicable, then from such date until the Time of Closing (as defined in the particular Article) the Shareholders shall not do do, nor cause, nor permit to be done anything except that which is in the ordinary course of business of the Corporation.

Appears in 1 contract

Samples: Shareholders Agreement (Pure Play Media Holdings, Inc.)

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