paint-brush
The deal requires Twitter to be compliant with Musk's request. But not with "past practice"by@legalpdf
237 reads

The deal requires Twitter to be compliant with Musk's request. But not with "past practice"

by Legal PDF: Tech Court Cases
Legal PDF: Tech Court Cases HackerNoon profile picture

Legal PDF: Tech Court Cases

@legalpdf

Legal PDFs of important tech court cases are far too...

November 23rd, 2022
Read on Terminal Reader
Read this story in a terminal
Print this story
Read this story w/o Javascript
Read this story w/o Javascript

Too Long; Didn't Read

Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 10 of 31: .FACTUAL ALLEGATIONS-The Final, Agreed-upon Term E.Ordinary Course Covenant

People Mentioned

Mention Thumbnail

@legalpdf

Mention Thumbnail

Elon Musk

@elonmusk007

Company Mentioned

Mention Thumbnail
Twitter
featured image - The deal requires Twitter to be compliant with Musk's request. But not with "past practice"
1x
Read by Dr. One voice-avatar

Listen to this story

Legal PDF: Tech Court Cases HackerNoon profile picture
Legal PDF: Tech Court Cases

Legal PDF: Tech Court Cases

@legalpdf

Legal PDFs of important tech court cases are far too inaccessible for the average reader... until now.

About @legalpdf
LEARN MORE ABOUT @LEGALPDF'S
EXPERTISE AND PLACE ON THE INTERNET.

Twitter v. Elon Musk Court Filing by Potter Anderson & Corroon LLP, July 12, 2022 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This is part 10 of 31.

Feature Image: HackerNoon’s Stable Diffusion AI, Prompt “past practice compliance”

FACTUAL ALLEGATIONS

III - The Final, Agreed-upon Term Deals

D. Ordinary Course Covenant


51. The agreement contains a seller-friendly ordinary course covenant, requiring Twitter to use no more than “its commercially reasonable efforts” to “conduct the business of the Company and its Subsidiaries in the ordinary course of business” unless, among other things, an action outside the ordinary course is “agreed to in writing by Parent (which consent shall not be unreasonably withheld, delayed or conditioned).” Id. § 6.1. There is no requirement of compliance with “past practice.” And, as noted, before the agreement was signed, Twitter succeeded in striking from the covenant a requirement to obtain Parent’s consent for the hiring and firing of employees.


Continue reading here


L O A D I N G
. . . comments & more!

About Author

Legal PDF: Tech Court Cases HackerNoon profile picture
Legal PDF: Tech Court Cases@legalpdf
Legal PDFs of important tech court cases are far too inaccessible for the average reader... until now.

TOPICS

THIS ARTICLE WAS FEATURED IN...

Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Coffee-web
Learnrepo
Hashnode
Learnrepo

Mentioned in this story

companies
profiles
X REMOVE AD