SELLER'S OPERATION OF BUSINESS PRIOR TO CLOSING. The Seller agrees that between the date of this Agreement and the Closing Date, the Seller will: 6.1.1 Continue to operate the business that is the subject of this Agreement in the usual and ordinary course and in substantial conformity with all applicable laws, ordinances, regulations, rules, or orders, and will use its best efforts to preserve its business organization and preserve the continued operation of its business with its customers, suppliers, and others having business relations with the Seller. 6.1.2 Not assign, sell, lease, or otherwise transfer or dispose of any of the assets used in the performance of its business, whether now owned or hereafter acquired, except in the normal and ordinary course of business and in connection with its normal operation. 6.1.3 Maintain all of its assets other than inventories in its present condition, reasonable wear and tear and ordinary usage excepted, and maintain the inventories at levels normally maintained.
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Samples: Sale of Assets Agreement (G2 Ventures Inc), Sale of Assets Agreement (G2 Ventures Inc), Sale of Assets Agreement (G2 Ventures Inc)
SELLER'S OPERATION OF BUSINESS PRIOR TO CLOSING. The Seller agrees that between the date of this Agreement and the Closing Date, the Seller will:
6.1.1 9.1.1 Continue to operate the business that is the subject of this Agreement in the usual and ordinary course and in substantial conformity with all applicable laws, ordinances, regulations, rules, rules or orders, and will use its best efforts to preserve its business organization and preserve the continued operation of its business with its customers, suppliers, suppliers and others having business relations with the Seller.
6.1.2 9.1.2 Not assign, sell, lease, lease or otherwise transfer or dispose of any of the assets used in the performance of its business, whether now owned or hereafter acquired, except in the normal and ordinary course of business and in connection with its normal operation.
6.1.3 9.1.3 Maintain all of its assets other than inventories in its their present condition, reasonable wear and tear and ordinary usage excepted, and maintain the inventories at levels normally maintained.
Appears in 1 contract
Samples: Asset Purchase Agreement (Reality Wireless Networks Inc)