Changes in Business; etc. (a) The U.S. Borrower and its Subsidiaries will not engage in any business other than a Permitted Business.
Changes in Business; etc. (a) Holdings and its Subsidiaries will not engage in any business other than a Permitted Business.
Changes in Business; etc. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than a Permitted Business; provided that the Borrower and its Restricted Subsidiaries may engage in a business other than a Permitted Business if at least ninety five percent (95%) of the consolidated assets of the Borrower and its Restricted Subsidiaries are held in connection with Permitted Businesses; and provided further, that following any consolidation, merger or sale transaction permitted pursuant to Section 9.2(b), the Borrower shall not be deemed to violate this Section 9.1 if at least seventy percent (70%) of the consolidated assets of the Borrower and its respective Restricted Subsidiaries are held in connection with Permitted Businesses.
Changes in Business; etc. No Credit Party will engage in any business other than the Permitted Business. Notwithstanding the foregoing:
Changes in Business; etc. The Borrower will not, nor will it permit any of its Subsidiaries to, engage in any business that would cause the Borrower and its Subsidiaries, taken as a whole, to be primarily engaged in a business other than a Permitted Business.
Changes in Business; etc. 9.02. Consolidation; Merger; Sale or Purchase of Assets; etc. 9.03. Liens 9.04. Indebtedness
Changes in Business; etc. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than a Permitted Business; provided that in the event that the Borrower shall engage in any consolidation, merger or sale transaction permitted pursuant to Section 9.2(b), from and after the consummation of such transaction, the Borrower or the Surviving Entity, as applicable, shall not be deemed to violate this Section 9.1 if at least seventy percent (70%) of the consolidated assets of the Borrower or Surviving Entity, as applicable, and its Restricted Subsidiaries are held in connection with a Permitted Business.
Changes in Business; etc. (a) Holdings and its Subsidiaries will not engage in any business other than a Permitted Business. Notwithstanding the foregoing, Holdings will not engage in any business and will not own any significant assets (other than its ownership of (w) cash and Cash Equivalents held by Holdings representing proceeds from the Wellbeing Project Financing, (x) the Equity Interests of Intermediate Holdco, (y) Intercompany Notes evidencing intercompany loans permitted to be made by it pursuant to Section 9.05 and (z) after the issuance thereof, the Equity Interests of each of the Unrestricted Wellbeing Joint Ventures) or have any liabilities (other than those liabilities for which it is responsible under this Agreement, the Documents to which it is a party (including, without limitation, the ABL Credit Documents), any Shareholder Subordinated Note, any Interest Rate Protection Agreement permitted to be entered into pursuant to Section to Section 9.04(b)(iii) and any Intercompany Note evidencing an intercompany loan permitted to be incurred by Holdings pursuant to Section 9.05); provided that Holdings may (i) issue Shareholder Subordinated Notes, shares of Holdings Common Stock and options and warrants to purchase Holdings Common Stock, (ii) engage in those activities associated with expenses indirectly paid with Dividends made to it by Intermediate Holdco pursuant to Section 9.06(iv), (iii) engage in those activities associated with the purchase and ownership of the Equity Interests of the Unrestricted Wellbeing Joint Ventures permitted pursuant to Section 9.05(xx) and (iv) engage in those activities that are incidental to (x) the maintenance of its corporate existence in compliance with applicable law, (y) legal, tax and accounting matters in connection with any of the foregoing activities and (z) the entering into, and performing its obligations under, this Agreement and the other Documents (including, without limitation, the ABL Credit Documents) to which it is a party.
Changes in Business; etc. The Borrowers will not, and will not permit any of their Subsidiaries to, engage in any business other than a Permitted Business.
Changes in Business; etc
