Common use of Business of Borrower and Subsidiaries Clause in Contracts

Business of Borrower and Subsidiaries. The Borrower will not, and. will not cause or permit any of the Subsidiaries to, engage at any time in any business or business activity other than the businesses conducted by it on the Effective Date, other businesses generally considered to be a part of the fluids management industries and business activities reasonably incidental thereto.

Appears in 2 contracts

Samples: Credit Agreement (Robbins & Myers Inc), Credit Agreement (Robbins & Myers Inc)

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Business of Borrower and Subsidiaries. The Borrower will not, and. and will not cause or permit any of the Subsidiaries to, engage at any time in any business or business activity other than the businesses conducted by it on the Effective Date, other businesses generally considered to be a part of the fluids management industries and business activities reasonably incidental thereto. The Borrower will not permit the Subsidiary Borrower to cease to be a Wholly Owned Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

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Business of Borrower and Subsidiaries. The Borrower will not, and. and will not cause or permit any of the Subsidiaries to, engage at any time in any business or business activity other than the businesses conducted by it on the Effective Closing Date, other businesses generally considered to be a part of the fluids management industries and business activities reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Robbins & Myers Inc)

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