Common use of Business of the Parent and the Subsidiaries Clause in Contracts

Business of the Parent and the Subsidiaries. Notwithstanding any other provisions hereof, engage at any time to any material respect in any business or business activity substantially different from any business or business activity conducted by any of them on the Closing Date or any Similar Business, and in the case of a Receivables Entity, Qualified Receivables Facilities and related activities.

Appears in 4 contracts

Samples: Credit Agreement (Mallinckrodt PLC), Superpriority Senior Secured Debtor in Possession Credit Agreement (Mallinckrodt PLC), Credit Agreement (Mallinckrodt PLC)

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Business of the Parent and the Subsidiaries. Notwithstanding any other provisions hereof, engage at any time to in any material respect in any business or business activity substantially different from any business or business activity conducted by any of them on the Closing Effective Date or any Similar Business, and in the case of a Receivables Entity, Qualified Receivables Facilities and related activities.

Appears in 1 contract

Samples: Opioid Deferred Cash Payments Agreement (Mallinckrodt PLC)

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