Common use of Business and Property of Loan Parties Clause in Contracts

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing and marketing one or more lines of women’s apparel. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any material line of business other than designing, sourcing and marketing one or more substantially different from those lines of women’s apparelbusiness conducted by Borrower and its Restricted Subsidiaries on the date hereof or any business reasonably related, complementary, synergistic or ancillary thereto or reasonable extensions thereof. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Partyits business.

Business and Property of Loan Parties. Upon and after As of the Closing Date, the Loan Parties do not propose to engage in any business other than designing, sourcing and marketing one or more lines of women’s apparel. On the Closing Date, each business such Loan Party will own is presently conducting, as disclosed to Agent, activities necessary to conduct the foregoing, and any business that is reasonably related, similar or complimentary to such business. Each Loan Party owns all the property and possess possesses all of the rights material rights, Consents, Approvals, licenses and Consents permits necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties and their Subsidiaries do not propose to engage in any business other than designing, sourcing as currently conducted and marketing one or more lines of women’s apparelrelated activities necessary to conduct the foregoing. On the Closing Date, each Each Loan Party will own and each Subsidiary of a Loan Party owns or leases all the property and possess possesses all of the rights and Consents consents necessary for the conduct of the business of such Loan PartyParty and such Subsidiary except as could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designingfinancial research, sourcing software, education and marketing one tools for investors and business activities reasonably related, complementary or more lines of women’s apparelancillary thereto or that are reasonable extensions thereof. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Partyits business.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designing, sourcing the manufacturing and marketing one or more lines distribution of women’s apparelfluorescent lighting and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party Borrower will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan PartyBorrower.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designing, sourcing as set forth on Schedule 5.21 hereto and marketing one or more lines of women’s apparelactivities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents as is reasonably necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designing, sourcing that engaged in as of the Closing Date and marketing one or more lines of women’s apparelactivities reasonably ancillary and complementary thereto. On the Closing Date, each the Loan Party Parties will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such the Loan PartyParties.

Business and Property of Loan Parties. Upon and after the Original Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing business conducted by the Loan Parties on the Original Closing Date and marketing one or more lines of women’s apparelactivities necessary to conduct the foregoing. On the Original Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing business conducted by the Loan Parties on the Closing Date and marketing one or more lines of women’s apparelactivities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing that engaged in by them immediately prior to and marketing one or more on the Closing Date and related lines of women’s apparelbusiness and activities necessary to conduct or reasonably incidental and related to the foregoing. On the Closing Date, each Loan Party will own or have rights to use all the property and possess all of the rights and Consents reasonably necessary for the conduct of the business of such Loan Party, except as could not reasonably be expected to have a Material Adverse Effect.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business that is fundamentally and substantively different from their existing lines of business conducted by them on the Closing Date, taken as a whole, other than designingactivities reasonably related, sourcing and marketing one complementary or more ancillary to such existing lines of women’s apparelbusiness or reasonable extensions thereof. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designing, sourcing as set forth on Schedule 5.22 hereto and marketing one or more lines of women’s apparelactivities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party, except to the extent that such failure to own property or to possess all rights and Consents could not reasonably be expected to have a Material Adverse Effect.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designingthe lease and sale of mobile offices, sourcing modular buildings, portable storage containers, portable office containers, trailers and marketing one or more lines of women’s apparelrelated products and services and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designingthe manufacture, sourcing sale and marketing one distribution of medical equipment and activities necessary to conduct the foregoing or more lines of women’s apparelrelated thereto. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designingthe manufacture, sourcing sale, processing, distribution or finishing of specialty materials and marketing one or more components, and related lines of women’s apparel. On the Closing Datebusiness, each 268323208 substantially as conducted and operated by such Loan Party will own all or Subsidiary during the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Partypresent fiscal year.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designingthe manufacture, sourcing distribution, sale and marketing one or more lines servicing of women’s apparelsurface mining equipment and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designingthe manufacture, sourcing sale, processing, distribution or finishing of specialty materials and marketing one or more components, and related lines of women’s apparel. On the Closing Datebusiness, each substantially as conducted and operated by such Loan Party will own all or Subsidiary during the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Partypresent fiscal year.

Business and Property of Loan Parties. Upon and after the Closing Date, the Loan Parties do not propose to engage in any business other than designing, sourcing the manufacturing and marketing one or more lines distribution of women’s apparellighting products and fixtures and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party Borrower will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan PartyBorrower.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing the distribution of electronic components and marketing one or more lines of women’s apparelproviding contract manufacturing services and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designingthe design, sourcing manufacture and marketing one sale of furnishings and activities necessary or more lines of women’s apparelappropriate to further the foregoing or reasonably related or complementary thereto. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan PartyParty on the date hereof, except to the extent that any failure thereof could not reasonably be likely to have a Material Adverse Effect.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties and their Subsidiaries do not propose to engage in any business other than designing, sourcing as currently conducted and marketing one or more lines of women’s apparelrelated activities necessary to conduct the foregoing. On the Closing Date, each Each Loan Party will own and each Subsidiary of a Loan Party owns all the property and possess possesses all of the rights and Consents consents necessary for the conduct of the business of such Loan PartyParty and such Subsidiary.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing transportation and marketing one or more lines of women’s apparellogistics services and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.

Business and Property of Loan Parties. Upon and after the Closing Date, Loan Parties do not propose to engage in any business other than designing, sourcing the design and marketing one or more lines manufacture of women’s apparelengine components and activities necessary to conduct the foregoing. On the Closing Date, each Loan Party will own all the property and possess all of the rights and Consents necessary for the conduct of the business of such Loan Party.