Business Conducted. No Borrower or any of its Subsidiaries shall engage, directly or indirectly, in any line of business other than the businesses in which such Borrower and its Subsidiaries are engaged on the Closing Date.
Appears in 3 contracts
Samples: Loan and Security Agreement (Outlook Group Corp), Loan and Security Agreement (Outlook Group Corp), Loan and Security Agreement (Outlook Group Corp)
Business Conducted. No Neither such Borrower or nor any of its ------------------ Subsidiaries shall engage, directly or indirectly, in any line of business other than the businesses in which such Borrower and its Subsidiaries are or such Subsidiary is engaged on the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Emons Transportation Group Inc)
Business Conducted. No Borrower None of the Borrowers or any of its and their ------------------ Subsidiaries shall engage, directly or indirectly, in any line of business other than the businesses in which such Borrower and its and their Subsidiaries are engaged in on the Closing DateDate and businesses reasonably related or ancillary thereto.
Appears in 1 contract
Business Conducted. No Borrower or shall, and no Borrower shall permit any of its Subsidiaries shall engageto, engage directly or indirectly, in any line of business other than the businesses in which such the Borrower and its Subsidiaries are is engaged on the Closing DatePetition Date or businesses reasonably related thereto.
Appears in 1 contract
Business Conducted. No Borrower or shall and no Borrower shall permit any of its Subsidiaries shall engageto, engage directly or indirectly, in any line of business other than the businesses in which such Borrower and its Subsidiaries are is engaged on the Closing Date.
Appears in 1 contract
Samples: Credit Agreement (Maxxam Inc)
Business Conducted. No Borrower or shall, and no Borrower shall permit any of its Subsidiaries shall engageto, engage directly or indirectly, in any line of business other than the businesses in which such Borrower and its Subsidiaries are is engaged on the Closing DatePetition Date or businesses reasonably related thereto.
Appears in 1 contract
Samples: Security Agreement (Cone Mills Corp)
