Common use of Business of Borrower and Subsidiaries Clause in Contracts

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental thereto.

Appears in 5 contracts

Samples: Credit Agreement (Ener1 Inc), Credit Agreement (Sun Healthcare Group Inc), Credit Agreement (King Pharmaceuticals Inc)

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Business of Borrower and Subsidiaries. Engage to any material extent at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental thereto.

Appears in 5 contracts

Samples: Credit Agreement (King Pharmaceuticals Inc), Credit Agreement (Alpharma Inc), Credit Agreement (King Pharmaceuticals Inc)

Business of Borrower and Subsidiaries. Engage With respect to the Borrower and its Subsidiaries, engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental thereto.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc.), Credit Agreement (Dynegy Inc.)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it them and business activities that constitute a reasonable extension, development or expansion thereof reasonably incidental thereto.

Appears in 4 contracts

Samples: Credit Agreement (Knoll Inc), Credit Agreement (Knoll Inc), Credit Agreement (Knoll Inc)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business or related or collateral activities reasonably incidental theretoin the hospitality, travel or franchise-related industries.

Appears in 4 contracts

Samples: Revolving Credit Facility Agreement (Choice Hotels Holdings Inc), Loan Agreement (Choice Hotels Holdings Inc), Revolving Credit Facility Agreement (Choice Hotels Holdings Inc)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental theretoRelated Businesses.

Appears in 4 contracts

Samples: Credit Agreement (Neenah Foundry Co), Credit Agreement (Neenah Foundry Co), Credit Agreement (Hartley Controls Corp)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental theretosimilar, incidental, related or complementary thereto and reasonable extensions thereof, including without limitation a business which is a Healthcare Service Business.

Appears in 3 contracts

Samples: Credit Agreement (AAC Holdings, Inc.), Incremental Loan Assumption Agreement (AAC Holdings, Inc.), Credit Agreement (AAC Holdings, Inc.)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental thereto, except to the extent resulting from any acquisition permitted under Section 10.5.

Appears in 3 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)

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Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably incidental theretoRelated Businesses.

Appears in 1 contract

Samples: Credit Agreement (Bremen Bearings Inc)

Business of Borrower and Subsidiaries. Engage With respect to the Borrower and its Subsidiaries, engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably related or incidental theretothereto or that are a reasonable extension thereof.

Appears in 1 contract

Samples: Credit Agreement (GT Solar International, Inc.)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than the business currently conducted by it and business activities reasonably complementary or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Johnstown America Industries Inc)

Business of Borrower and Subsidiaries. Engage at any time in any business or business activity other than (a) in the business case of the Borrower and the Subsidiaries, the businesses currently conducted by it or them or a business substantially similar thereto and business activities reasonably incidental theretothereto and (b) in the case of Parent, the ownership of all the outstanding common stock of the Borrower and business activities reasonably incidental hereto.

Appears in 1 contract

Samples: Credit Agreement (Coram Healthcare Corp)

Business of Borrower and Subsidiaries. Engage to any material extent at any time in any business or business activity other than the business currently conducted by it and business activities reasonably related or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (King Pharmaceuticals Inc)

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