Executory Period definition

Executory Period means the period of time commencing on the Effective Date and ending upon the occurrence of the Closing or the sooner termination of this Agreement.

Executory Period means the period beginning at 12:01a.m. on the Effective Date and ending at the Closing.

Executory Period means the period of time from the Effective Date through and including the Closing Date.

Examples of Executory Period in a sentence

• During the Executory Period, the Company will operate its business as now operated and only in the normal and ordinary course and, consistent with such operation, will use its best efforts to preserve intact its present business organization, to keep available the services of its officers and employees and to maintain satisfactory relationships with licensors, franchisees, licensees, suppliers, contractors, distributors, customers and other persons having business dealings with it.

• Notwithstanding the foregoing, the parties acknowledge that during the Executory Period, the MMCH Preferred shall be dividended or otherwise distributed to Parent.

• During the Executory Period, no Sen Lang Shareholder shall sell, assign, transfer, convey or otherwise dispose of any Sen Lang Shares held by such Sen Lang Shareholder to any other Person.

• However, Seller shall execute no contracts, leases or other agreements regarding the Real Property during the Executory Period that are not terminable on or before the Closing Date, without the written consent of Buyer, which consent may be withheld by Buyer in its sole discretion.

• Without limiting the generality of the foregoing and except as set forth in Schedule 5.2 hereto, during the Executory Period, the Company shall not, without the prior written consent of Parent, take or cause to occur any of the actions or transactions described in Section 3.1(f)(iii) through (xiii).

More Definitions of Executory Period

Executory Period has the meaning specified in Section 6.1.

Executory Period has meaning set forth in Section 8.1.

Executory Period has the meaning ascribed thereto in Schedule 5, Section 1.

Executory Period has the meaning given that term in Section 2.5(e).

Executory Period means the period commencing on the date hereof through the Closing Date.

Executory Period shall have the meaning set forth in Section 5.

Executory Period means the period from the execution and delivery of this Agreement until the earlier of the Closing or the termination of this Agreement in accordance with its terms.