Common use of Business of Intermediate Holdings and the Subsidiaries Clause in Contracts

Business of Intermediate Holdings and the Subsidiaries. Notwithstanding any other provisions hereof, engage at any time in any business or business activity other than any business or business activity conducted by any of them on the Closing Date and any business or business activities incidental or related thereto, or any business or activity that is reasonably similar or complementary thereto or a reasonable extension, development or expansion thereof or ancillary thereto, and in the case of a Special Purpose Receivables Subsidiary, Permitted Receivables Financings.

Appears in 6 contracts

Samples: Collateral Access Agreement (Momentive Performance Materials Inc.), Possession Term Loan Agreement (Momentive Performance Materials Inc.), Credit Agreement (Momentive Performance Materials Inc.)

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Business of Intermediate Holdings and the Subsidiaries. Notwithstanding any other provisions hereof, engage at any time in any business or business activity other than any business or business activity conducted by any of them on the Initial Closing Date and any business or business activities incidental or related thereto, or any business or activity that is reasonably similar or complementary thereto or a reasonable extension, development or expansion thereof or ancillary thereto, and in the case of a Special Purpose Receivables Subsidiary, Permitted Receivables Financings.

Appears in 1 contract

Samples: Credit Agreement (Momentive Performance Materials Inc.)

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