Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses other than providing wireless transaction delivery and gateway services, wireless telemetric data and data mining services to merchants and payment processors and activities necessary to conduct the foregoing. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Term Loan and Security Agreement (U S Wireless Data Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery the importing, manufacturing, marketing and gateway servicessale of apparel, wireless telemetric data footwear and data mining services to merchants and payment processors related accessories and activities necessary to conduct the foregoing. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Signal Apparel Company Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery and gateway services, wireless telemetric data and data mining turnkey value added services to merchants carriers, major and payment processors secondary equipment suppliers, tower management companies, public safety and enterprise projects within the communications industry and activities necessary to conduct the foregoing. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Berliner Communications Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery the manufacturing and gateway servicesdistribution of water recreational products including water skis, wireless telemetric data kneeboards, wakeboards, inflatables and data mining services to merchants and payment processors related products and activities necessary to conduct the foregoingsuch business or other products of a similar nature. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Meridian Sports Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery the manufacture, importation, design and gateway servicesmarketing of women's, wireless telemetric data men's and data mining services to merchants and payment processors children's apparel and activities necessary to conduct the foregoingsame. On the Closing Date, Borrower will own or have the right rights to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Cygne Designs Inc)
Business and Property of Borrower. Upon and after the Closing DateDate and during the Term, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery footwear, handbags, apparel, accessories, licensing and gateway services, wireless telemetric data and data mining services to merchants and payment processors operation of retail stores consistent with Borrower's operations and activities necessary to conduct the foregoingsuch business. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Candies Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery the manufacture, distribution and gateway servicessale of primarily outdoor equipment, wireless telemetric data and data mining services to merchants and payment processors or as permitted in Section 7.9 and activities necessary to conduct the foregoing. On the Closing DateDate and at all times thereafter, Borrower will own or have the right to use owns all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Johnson Outdoors Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery the design, manufacture, marketing and gateway serviceslicensing of various product categories including, wireless telemetric data but not limited to activewear clothing, dancewear, tights and data mining services to merchants and payment processors legwear and activities necessary to conduct the foregoingsuch business. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Danskin Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery the manufacture and gateway servicesdistribution of design, wireless telemetric data manufacture, assembly, testing and data mining services to merchants marketing of antennas and payment processors battery products and other related products and components for use in the communications industry and activities necessary to conduct the foregoingsuch business. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Centurion Wireless Technologies Inc)
Business and Property of Borrower. Upon and after the Closing Date, Borrower does not propose to engage in any businesses business other than providing wireless transaction delivery designing, manufacturing and gateway servicessupplying comprehensive line of broadband systems equipment and technical engineering services for voice, wireless telemetric data video and data mining services to merchants and payment processors service providers and activities necessary to conduct the foregoing. On the Closing Date, Borrower will own or have the right to use all the property and possess all of the rights and Consents necessary for the conduct of the business of Borrower.
Appears in 1 contract
Samples: Revolving Credit, Term Loan and Security Agreement (Blonder Tongue Laboratories Inc)