Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, the businesses in which the Borrower is engaged on the Closing Date.
Appears in 4 contracts
Samples: Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc), Credit Agreement (Omnova Solutions Inc)
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, the businesses material line of business substantially different from those lines of business in which the Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 4 contracts
Samples: Term Loan and Security Agreement (Advanced Micro Devices Inc), Term Loan Agreement (Spansion Inc.), Term Loan Agreement (Advanced Micro Devices Inc)
Business Conducted. The Borrower and its Subsidiaries shall not and shall not permit any of its Subsidiaries toengage, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 3 contracts
Samples: Loan and Security Agreement (Intellicell Corp), Loan and Security Agreement (Matria Healthcare Inc), Loan and Security Agreement (Globespan Semiconductor Inc)
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower or such Subsidiary is engaged on the Closing DateDate and related lines of business.
Appears in 3 contracts
Samples: Loan and Security Agreement (LDM Technologies Inc), Loan and Security Agreement (LDM Technologies Co), Term Loan and Security Agreement (LDM Technologies Inc)
Business Conducted. The Borrower Borrowers shall not and shall not permit any of its their Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is Borrowers are engaged on the Closing Date.
Appears in 2 contracts
Samples: Credit Agreement (Miller Industries Inc /Tn/), Credit Agreement (Spacelabs Medical Inc)
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing DateDate and businesses related thereto.
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Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower or such Subsidiary is engaged on the Closing DateDate and related lines of busineSection.
Appears in 1 contract
Samples: Term Loan and Security Agreement (LDM Technologies Inc)
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business that is substantially different than the businesses in which the Borrower is engaged on the Closing Date.
Appears in 1 contract
Business Conducted. The Borrower shall not not, and shall not permit any of its Subsidiaries to, engage engage, directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is they are engaged on the Closing Datedate hereof.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is engaged on the Closing Date or which are contemplated by the business plans submitted by the Borrower to Lender prior to the Closing Date.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall ----------------------- not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, the businesses material line of business substantially different from those lines of business in which the Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Advanced Micro Devices Inc)
Business Conducted. The No Borrower shall, nor shall not and shall not it permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not line of business other than the same, similar, ancillary, complimentary, incidental same or reasonably related to, or reasonable extensions, developments or expansions of, the substantially similar businesses in which the such Borrower is engaged on the Closing Date.
Appears in 1 contract
Business Conducted. The Such Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the such Borrower is engaged on the Closing DateDate or any business reasonably related, ancillary or incidental to such business.
Appears in 1 contract
Samples: Loan and Security Agreement (Strategic Distribution Inc)
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Revlon Consumer Products Corp)
Business Conducted. The Borrower shall not and shall not permit any ------------------ of its Subsidiaries to, engage directly or indirectly, in any line of business other than the current businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, the businesses and ancillary lines of business in which the Borrower is ABT and its Subsidiaries, taken as a whole, are engaged on the Closing Date.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is engaged on the Closing DateDate and businesses ancillary or reasonably related thereto.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is engaged on the Closing DateDate or any business reasonably related, ancillary or incidental to such business.
Appears in 1 contract
Samples: Loan and Security Agreement (Strategic Distribution Inc)
Business Conducted. The Such Borrower shall not not, and shall not suffer or permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the such Borrower or Subsidiary is engaged on the Closing Date.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is engaged on the Closing DateDate and businesses incidental or directly related thereto.
Appears in 1 contract
Samples: Credit Agreement (Spherion Corp)
Business Conducted. The Each Borrower and its Subsidiaries shall not and shall not permit any of its Subsidiaries toengage, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the such Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is engaged on the Closing DateDate and other businesses reasonably related thereto.
Appears in 1 contract
Business Conducted. The Borrower and its Subsidiaries shall not and shall not permit any of its Subsidiaries toengage, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing DateDate and retail and catalog businesses reasonably related thereto.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably line of business other than steel making and related to, or reasonable extensions, developments or expansions of, the businesses in which the Borrower is engaged on the Closing Datebusiness.
Appears in 1 contract
Business Conducted. The Borrower and its Subsidiaries shall not and shall not permit any of its Subsidiaries toengage, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Country Star Restaurants Inc)
Business Conducted. The Borrower and its Subsidiaries shall not and shall not permit any of its Subsidiaries toengage, engage directly or indirectly, in any businesses which are line of business not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, to the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing Date.
Appears in 1 contract
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is and its Subsidiaries are engaged on the Closing DateDate and businesses directly related thereto.
Appears in 1 contract
Business Conducted. The Borrower shall not and not, nor shall not it cause or permit any of its the Restricted Subsidiaries to, engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately prior to the Effective Date, or engage in any businesses business or lines of business which are not the same, similar, ancillary, complimentary, incidental or reasonably and substantially related to, or reasonable extensions, developments or expansions of, the businesses in which the Borrower is engaged on the Closing Datethereto.
Appears in 1 contract
Samples: Loan Agreement (CSS Industries Inc)
Business Conducted. The Borrower shall not not, and shall not permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower or its Subsidiaries is engaged on the Closing DateDate and businesses reasonably related thereto.
Appears in 1 contract
Samples: Credit Agreement (Gfsi Inc)
Business Conducted. The Borrower Borrowers shall not and shall not permit any of its their respective Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the Borrower is Borrowers are engaged on the Closing DateDate and the same and similar fields and businesses and reasonable extensions thereof.
Appears in 1 contract
Business Conducted. The Neither such Borrower shall not and nor shall not it permit any of its Subsidiaries to, engage directly or indirectly, in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, line of business other than the businesses in which the such Borrower is engaged on the Closing DateDate and related businesses.
Appears in 1 contract
