Common use of Capital Structure and Business Clause in Contracts

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect the Administrative Agent or Lenders, or such Credit Party's duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and businesses that are reasonably related thereto.

Appears in 3 contracts

Samples: Possession Credit Agreement, Possession Credit Agreement (Delta Air Lines Inc /De/), Possession Credit Agreement (Delta Air Lines Inc /De/)

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Capital Structure and Business. No Credit Party shall, nor shall it permit any of its Subsidiaries to, amend its charter or bylaws in a manner that would could materially adversely affect the Administrative Agent or Lenders, Lenders or such any Credit Party's duty or ability to repay the Obligations, in any material respect. No Credit Party shall, nor shall it permit any of its Subsidiaries to, engage in any business other than the businesses currently engaged in by it and or businesses that are reasonably related related, ancillary or complementary thereto.

Appears in 2 contracts

Samples: Credit Agreement (Kmart Holding Corp), Credit Agreement (Kmart Holding Corp)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would could reasonably be expected to adversely affect the Administrative Agent or Lenders, Lenders or such Credit Party's duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses ~businesses currently engaged in by it and businesses that are the Credit Parties or any business reasonably related thereto. No Credit Party other than Holdings and Borrower shall issue any additional shares of Stock.

Appears in 2 contracts

Samples: Credit Agreement (Roller Bearing Co of America Inc), Credit Agreement (Roller Bearing Co of America Inc)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in (or similar governing documents)in a manner that would could reasonably be expected to adversely affect the Administrative Agent or Lenders, Lenders or such Credit Party's ’s duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and businesses that are the Credit Parties or any business reasonably related thereto. No Credit Party other than Borrower shall issue any additional shares of Stock.

Appears in 2 contracts

Samples: Credit Agreement (RBC Bearings INC), Credit Agreement (RBC Bearings INC)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect the Administrative Agent Agents or Lenders, or such Credit Party's duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and businesses that are reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Delta Air Lines Inc /De/)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would could reasonably be expected to adversely affect the Administrative Agent or Lenders, Lenders or such Credit Party's duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the _businesses currently engaged in by it and businesses that are the Credit Parties or any business reasonably related thereto. No Credit Party other than Holdings and Borrower shall issue any additional shares of Stock.

Appears in 1 contract

Samples: Credit Agreement (Roller Bearing Co of America Inc)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect the Administrative Agent or Lenders, Lenders or such Credit Party's ’s duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and or businesses that are reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Oregon Steel Mills Inc)

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Capital Structure and Business. No Credit Party shall amend its charter or bylaws in (or similar governing documents)in a manner that would could reasonably be expected to adversely affect the Administrative SCIL Agent or Lenders, SCIL Lenders or such Credit Party's ’s duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and businesses that are the Credit Parties or any business reasonably related thereto. No Credit Party other than Borrower shall issue any additional shares of Stock.

Appears in 1 contract

Samples: Credit Agreement (RBC Bearings INC)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would materially adversely affect the Administrative rights or remedies of Agent or Lenders, Lenders under the Loan Documents or such Credit Party's ’s duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and it, anticipated to be conducted, or businesses that are reasonably related thereto, and other business so long as such other businesses do not constitute, individually or in the aggregate, a material portion of the Borrowers’ business, taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Gateway Inc)

Capital Structure and Business. No Such Credit Party shall not amend its charter or bylaws in a manner that would could reasonably be expected to adversely affect the Administrative Agent or Lenders, Lenders or such Credit Party's ’s duty or ability to repay the Obligations, in any material respect. No Such Credit Party shall not engage in any business other than the businesses currently engaged in by it and businesses that are the Credit Parties or any business reasonably related thereto. Such Credit Party (if not Holdings or Borrower) shall not issue any additional shares of Stock.

Appears in 1 contract

Samples: Credit Agreement (Roller Bearing Co of America Inc)

Capital Structure and Business. No Credit Party shall amend its charter or bylaws in a manner that would adversely affect the Administrative Agent or Lenders, or such Credit Party's ’s duty or ability to repay the Obligations, in any material respect. No Credit Party shall engage in any business other than the businesses currently engaged in by it and businesses that are reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Delta Air Lines Inc /De/)

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