Common use of Business Activities Clause in Contracts

Business Activities. Parent will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent and its Restricted Subsidiaries taken as a whole.

Appears in 28 contracts

Samples: Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.), Credit and Guaranty Agreement (American Airlines, Inc.)

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Business Activities. The Parent will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Parent and its Restricted Subsidiaries taken as a whole.

Appears in 3 contracts

Samples: Indenture (FirstCash Holdings, Inc.), Credit and Guaranty Agreement (Republic Airways Holdings Inc), Indenture (American Airlines Inc)

Business Activities. Parent will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent and its Restricted Subsidiaries taken as a whole, as reasonably determined by Parent.

Appears in 3 contracts

Samples: Term Loan Agreement (Horizon Lines, Inc.), Indenture (Horizon Lines, Inc.), Indenture (Horizon Lines, Inc.)

Business Activities. The Parent will not, and will not permit any of its the Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Parent and its the Restricted Subsidiaries taken as a whole.

Appears in 2 contracts

Samples: Credit Agreement (Ocean Rig UDW Inc.), Indenture (Pacific Drilling S.A.)

Business Activities. The Parent and the Company will not, and will not permit any of its their Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent the Parent, the Company and its their Restricted Subsidiaries taken as a whole.

Appears in 2 contracts

Samples: Indenture (Angiotech America, Inc.), Indenture (Angiotech Pharmaceuticals Inc)

Business Activities. Parent will shall not, and will Parent shall not permit any of its Restricted Subsidiaries to, engage in any business other than a Permitted Businesses, except to such extent as would not be material to Parent and its Restricted Subsidiaries taken as a wholeBusiness.

Appears in 2 contracts

Samples: Second Lien Term Loan Credit Agreement (Global Aviation Holdings Inc.), Indenture (Global Aviation Holdings Inc.)

Business Activities. The Parent will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such the extent as that would not be material to the Parent and its Restricted Subsidiaries Subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Indenture (Terraform Global, Inc.), Indenture (TerraForm Power, Inc.)

Business Activities. The Company and Parent will not, and will not permit any of its the Restricted Subsidiaries of Parent to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Company, Parent and its the Restricted Subsidiaries of Parent taken as a whole.

Appears in 1 contract

Samples: Indenture (EM Holdings LLC)

Business Activities. (a) Parent will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent and its Restricted Subsidiaries taken as a whole. (b) The Borrowers will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses.

Appears in 1 contract

Samples: Term Loan Credit and Guaranty Agreement (United Airlines, Inc.)

Business Activities. Parent will shall not, and will shall not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent and its Restricted Subsidiaries Subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Indenture (Valeant Pharmaceuticals International, Inc.)

Business Activities. The Parent will not, and will not permit any of its Restricted Significant Subsidiaries to, engage in any business other than Permitted Businessesactivity, except to such extent as would not be material to those business activities (a) currently engaged in by the Parent and its Restricted Subsidiaries taken and (b) related to the information handling business and (c) such other activities as a wholemay be incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Moore Corporation LTD)

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Business Activities. The Parent will not, and the Parent will not permit any of its Restricted Subsidiaries to, directly or indirectly, engage in any line of business other than a Permitted BusinessesBusiness, except to such extent as would not be material to the Parent and its Restricted Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Indenture (Avery Berkel Holdings LTD)

Business Activities. Parent and the Company will not, and will not permit any of its Parent’s Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent Parent, the Company and its Parent’s Restricted Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Indenture (Swift Transportation Co)

Business Activities. The Parent will shall not, and will shall not permit any of its Restricted Subsidiaries to, to engage in any business other than Permitted Similar Businesses, except to such extent as would not be material to the Parent and its Restricted Subsidiaries Subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Indenture (Thermon Holding Corp.)

Business Activities. The Parent will not, and neither will not permit any of its the Restricted Subsidiaries toSubsidiaries, to engage in any business other than a Permitted BusinessesBusiness, except to such an extent as that so doing would not be material to the Parent and its Restricted Subsidiaries Subsidiaries, taken as a whole, as determined by the Board of Directors or senior management of the Parent.

Appears in 1 contract

Samples: Indenture (Evraz North America PLC)

Business Activities. The Company and the Parent will not, and will not permit any of its the Parent’s Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Parent and its Restricted Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Indenture (Forestar Group Inc.)

Business Activities. Parent will not, and will not permit any of its the Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to Parent and its the Restricted Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Indenture (Ocean Rig UDW Inc.)

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