Business and Property of Borrower Sample Clauses

Business and Property of Borrower. Upon and after the Closing Date, Borrowers do not propose to engage in any business other than business conducted by the Borrowers on the Closing Date and activities necessary to conduct the foregoing. On the Closing Date, each Borrower will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Borrower.
AutoNDA by SimpleDocs
Business and Property of Borrower. The Loan Parties do not propose to engage in any business other than the retail sale of clothing, shoes and accessories, reasonable extensions thereof and any business reasonably related, ancillary or complementary thereto.
Business and Property of Borrower. Upon and after the Closing Date, no Credit Party proposes to engage in any business other than providing treatment, storage, and disposal facility services and on-site remediation, upgrades and nuclear services in compliance with applicable Environmental Laws; consulting services with respect to toxic, radioactive and Hazardous Waste; nuclear energy design, build, refurbishment and operational support services; instrumentation and measurement technologies; and activities that are necessary to conduct the foregoing. On the Closing Date, each Credit Party will own or have the right to use all the Property and possess all of the rights and Consents necessary for the conduct of its business.
Business and Property of Borrower. Upon and after the Closing Date, Borrower and each of its Subsidiaries do not propose to engage in any business other than the Line of Business or lines of business and activities necessary, incidental or related to conduct its business as presently conducted. On the Closing Date, Borrower and its Subsidiaries will own all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower and each of its Subsidiaries. Neither Borrower nor any of its Subsidiaries has changed or otherwise added any locations at which it conducts business or maintains any assets or other property, except as previously disclosed in writing to the Agent or as otherwise permitted herein.
Business and Property of Borrower. Upon and after the Closing Date, neither Borrower nor any Domestic Subsidiary of Borrower proposes to engage or engages in any business other than pharmaceutical research services and activities necessary to conduct the foregoing, and no Foreign Subsidiary proposes to engage or engages in business other than providing services in support of Borrower’s business or conducting business on its own behalf in lines of businesses similar to those of Borrower. On the Closing Date, Borrower and each of its Subsidiaries will own all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower or such Subsidiary.
Business and Property of Borrower. Borrower does not propose to engage in any business other than the business engaged in on the Closing Date.
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any business other than the design, manufacture, marketing and licensing of various product categories including, but not limited to activewear clothing, dancewear, tights and legwear and activities necessary to conduct such business. On the Closing Date, Borrower will own all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
AutoNDA by SimpleDocs
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any business other than designing, manufacturing and supplying comprehensive line of broadband systems equipment and technical engineering services for voice, video and data service providers and activities necessary to conduct the foregoing. On the Closing Date, Borrower will own all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Business and Property of Borrower. Upon and after the Effective Date, Borrower does not propose to engage in any business other than the manufacture of disposable paper products and activities necessary to conduct such business. On the Effective Date, Borrower will own or lease all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Business and Property of Borrower. Upon and after the Closing Date, Obligors do not propose to engage in any business other than manufacturing and marketing specialty and industrial chemicals and activities necessary to conduct or reasonably related or complementary to the foregoing. On the Closing Date, each Obligor will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Obligor where the failure to so own and/or possess could reasonably be expected to have a Material Adverse Effect.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!