Usual Business. Other than in contemplation of or as required to give effect to the transactions contemplated by this Arrangement Agreement, Pubco shall conduct the business of Subco-RI only in, and not take any action except in, the ordinary course of business and consistent with past practice. Pubco will use its best efforts to preserve the current capital and assets of Subco-RI and Subco-RI shall immediately prior to the Effective Time have no material liabilities accrued, other than as provided in this Arrangement Agreement or as may otherwise be pre-approved by Buyco.
Appears in 12 contracts
Samples: Arrangement Agreement, Arrangement Agreement, Arrangement Agreement
