Common use of Business Activities; Issuance of Equity Clause in Contracts

Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any Subsidiary to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not permit any Loan Party (other than Borrower) or any Subsidiary to, issue any Capital Securities other than any issuance by a Subsidiary to Borrower or another Subsidiary in accordance with Section 11.4.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

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Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any Subsidiary to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not Not permit any Loan Party (other than Borrower) or any Subsidiary to, of the Company to issue any Capital Securities other than any issuance by a Subsidiary to Borrower the Company or another Subsidiary in accordance with Section 11.4.

Appears in 2 contracts

Samples: Credit Agreement (Huron Consulting Group Inc.), Credit Agreement (Huron Consulting Group Inc.)

Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any Subsidiary to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not Not permit any Loan Party (other than Borrower) or any Subsidiary to, to issue any Capital Securities other than any issuance by a Subsidiary to Borrower or another Subsidiary in accordance with Section 11.411.4 and not permit any amendment or modification of existing Capital Securities of any Subsidiary.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement

Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any Subsidiary to, engage in any line of business other than the businesses engaged in on the date Closing Date hereof and businesses reasonably related thereto. Not, and not Not permit any Loan Party (other than Borrower) or any Subsidiary to, of the Borrower to issue any 26385498.9 56 Capital Securities other than any issuance by a Subsidiary to Borrower or another Subsidiary in accordance with Section 11.411.3 or pursuant to an Investment permitted under Section 11.10(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Mattersight Corp)

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Business Activities; Issuance of Equity. Not, and not permit any other Loan Party or any Subsidiary to, Not engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto. Not, and not permit any Loan Party (other than BorrowerLifeway) or any Subsidiary to, issue any Capital Securities other than any issuance by a Subsidiary to any Borrower or another Subsidiary in accordance with Section 11.4.

Appears in 1 contract

Samples: Loan and Security Agreement (Lifeway Foods Inc)

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