Restrictions on Business. There shall be no restrictions on the business that Amalco may carry on.
Restrictions on Business. Except as expressly contemplated by this Agreement, as set forth in Section 4.05, or as Parent may otherwise consent in writing, such consent not to be unreasonably withheld, at all times from the date of this Agreement until the earlier to occur of the Closing and the valid termination of this Agreement in accordance with the terms hereof, the Company shall not:
(i) amend any of its Organizational Documents;
(ii) (A) incur or assume any Indebtedness, other than trade payables incurred in the ordinary course of the Business consistent with past practice (but in any event not any Indebtedness to the Stockholders or any of their Affiliates); (B) assume, guarantee, endorse (except for checks or other negotiable instruments in the ordinary course of business) or otherwise become liable or responsible (whether directly, contingently or otherwise) for any obligations of any other Person; or (C) make any loans, advances or capital contributions to, or investments in, any other Person;
(iii) adopt, modify or terminate any (i) employment, severance, retention, change in control or other compensation or benefit agreement, plan or arrangement with any current or former employees, officers, directors, independent contractors or consultants of the Company, or (ii) other than as required by Law, any Benefit Plan or any plan or arrangement that would constitute a Benefit Plan if in existence on the date hereof;
(iv) except in the ordinary course of Business consistent with past practices of the Company and not in excess of $15,000 (individually or cumulative), acquire, sell, lease, transfer or dispose of any properties or Assets or enter into any other commitment or transaction that is material to the Company;
(v) modify, other than in an immaterial manner, any policy or procedure with respect to the collection of receivables;
(vi) pay, discharge or satisfy before it is due any material claim or liability of the Company or fail to pay any such item in a timely manner, in each case except in accordance with the Company’s prior practices;
(vii) cancel any debts or waive any claims or rights of material value;
(viii) except to the extent required by Law, change any accounting principle or method or make any election for purposes of foreign, federal, state or local income Taxes;
(ix) take or suffer any action that would result in (A) the creation, or consent to the imposition, of any Lien on any of the properties or Assets of the Company or (B) the cancellation, termination,...
Restrictions on Business. Neither the Company nor any Material Subsidiary are a party to or bound or affected by any commitment, agreement or document containing any covenant which expressly limits the freedom of the Company or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Company and any Material Subsidiary.
Restrictions on Business. Except for this Agreement, there is no agreement, judgment, injunction, order or decree binding upon the Company or any of its Subsidiaries which has or could reasonably be expected to have the effect of prohibiting or impairing any business practice of the Company or any of its Subsidiaries, acquisition of property by the Company or any of its Subsidiaries or the conduct of business by the Company or any of its Subsidiaries as currently conducted or as proposed to be conducted by the Company.
Restrictions on Business. Neither the Company nor any Material Subsidiary or, to the knowledge of the Company, any Joint Venture Entity is a party to or bound or affected by any commitment, agreement or document containing any covenant which expressly limits the freedom of the subject person to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Company (on a consolidated basis), other than rights of first refusal and similar restrictions governing transfer that are included in the joint venture agreements to which the Company, the Material Subsidiaries or the Joint Venture Entities are a party;
Restrictions on Business. Other than as described in the Disclosure Letter, there is no non-competition, exclusivity or other similar agreement, commitment or understanding in place to which Caza or any of its subsidiaries is a party or by which it or its subsidiaries are otherwise bound that would now or hereafter in any way limit its or its subsidiaries’ business or operations in a particular manner or to a particular locality or geographic region or for a specified period of time and the execution, delivery and performance of this Agreement does not and will not result in any restriction preventing Caza from engaging in its business or from competing with any Person or in any geographic area.
Restrictions on Business. Other than as described in the Offeror Disclosure Letter, there is no non-competition, exclusivity or other similar agreement, commitment or understanding in place to which the Offeror or any of its subsidiaries is a party or by which it or its subsidiaries are otherwise bound that would now or hereafter in any way limit its or its subsidiaries’ business or operations in a particular manner or to a particular locality or geographic region or for a specified period of time and the execution, delivery and performance of this Agreement does not and will not result in any restriction preventing the Offeror from engaging in its business or from competing with any Person or in any geographic area.
Restrictions on Business. The restrictions on business of Mergerco shall be the same as the restrictions on business of the Company contained in the Articles of the Company immediately prior to the Merger, if any.
Restrictions on Business. There shall be no restrictions on the business that the Amalgamated Corporation may carry on.
Restrictions on Business. Except as set forth on Schedule 8 of the Disclosure Letter, neither the Issuer nor any of its Subsidiaries is a party to or bound by a Material Agreement, which expressly limits the freedom of the Issuer or any Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Issuer or any Subsidiary.
