Prompt Detail:
7. PRE-COMPLETION OBLIGATIONS
7.1 During the period from the date of this Agreement to Completion the Seller shall perform the following obligations:
(a) procure that the Company carries on its business in all material respects in the ordinary course and consistent with past practice;
(b) procure that all intellectual property rights necessary for the Company to carry on its business (the "IP Rights") are properly transferred to the Company, and ensure that the Company does not incur any costs for such transfer or for the exploitation of such IP Rights.
(c) procure that the Company holds the long term lease for the Project as well as any real rights (the "Real Estate Interests"), and ensure that the Company does not incur any costs and is not to pay any rent to the Seller or any of its affiliates in relation with the Real Estate Interests.
(d) [procure that the Company continues fully to perform any agreement or arrangement which is in effect as at the date of this Agreement (or is entered into by the Company between the date of this Agreement and Completion) and is required for the full and effective continuation of its activities and procure that the Company does not take any action which would or is reasonably likely to result in the termination, cancellation, revocation or loss of all or part of the benefit of any such agreement or arrangement;
(e) not create any Encumbrance over, or sell or dispose of, the Sold Shares or any interest in any share or loan capital or other security of the Company;
ces clauses sont elles valables ? justifie tes réponses dans un tableau en déterminant leurs potentiels avantages ou inconvénients : ces clauses sont elles valables ? justifie tes réponses dans un tableau en déterminant leurs potentiels avantages ou inconvénients
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