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

Business Activities; Issuance of Equity. Not, and not permit any other Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto.

Appears in 3 contracts

Samples: Credit Agreement (FreightCar America, Inc.), Credit Agreement (FreightCar America, Inc.), Credit Agreement (Sun Communities Inc)

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Business Activities; Issuance of Equity. 11.9.1. Not, and not permit any other Loan Party to, engage in any line of business other than the businesses engaged in on the date hereof and businesses reasonably related thereto.

Appears in 2 contracts

Samples: Credit Agreement (Pioneer Financial Services Inc), Credit Agreement (Pioneer Financial Services Inc)

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Business Activities; Issuance of Equity. Not, and not permit any other Loan Party toor Subsidiary thereof, to engage in any line of business other than the businesses of the Borrowers engaged in on the date hereof and businesses reasonably related related, incidental or complementary thereto. Not, and not permit any other Loan Party or their Subsidiaries to, issue any Capital Securities.

Appears in 1 contract

Samples: Credit Agreement (Russ Berrie & Co Inc)

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