Common use of Business of Credit Parties Clause in Contracts

Business of Credit Parties. The sole business of (a) WPC is (and will continue to be) that of a holding company owning one hundred percent (100%) of the issued and outstanding Equity of Borrower and other Subsidiaries from time to time and activities incidental thereto, and (b) the other Credit Parties is (and will continue to be) the acquisition, exploration, development and operation of Mineral Interests, the production, processing and marketing of Hydrocarbons therefrom and activities incidental thereto.

Business of Credit Parties. The sole business of (a) WPC is (and will continue to be) that of a holding company owning one hundred percent (100%) of the issued and outstanding Equity of Borrower and other Subsidiaries from time to time and activities incidental thereto, and (b) the other Credit Parties is will be (and will continue to be) the acquisition, exploration, development and operation of Mineral Interests, the production, processing and marketing of Hydrocarbons therefrom and activities incidental thereto.

Business of Credit Parties. The sole business of (a) WPC is following the Share Exchange (as applicable) will be (and will continue to be) that of a holding company owning one one-hundred percent (100%) of the issued and outstanding Equity of Borrower and other Subsidiaries from time to time and activities incidental theretoBorrower, and (b) the other Credit Parties is will be (and will continue to be) the acquisition, exploration, development and operation of Mineral Interests, Interests and the production, processing and marketing of Hydrocarbons therefrom and activities incidental theretotherefrom."