Common use of Conduct of Business; Maintenance of Existence Clause in Contracts

Conduct of Business; Maintenance of Existence. (a) The Borrower and its Material Subsidiaries will continue to engage primarily in business of the same general type as now conducted by the Borrower and its Material Subsidiaries.

Appears in 9 contracts

Samples: Credit Agreement (Tenet Healthcare Corp), Day Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp)

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Conduct of Business; Maintenance of Existence. (a) The Each Borrower and its Material Subsidiaries will continue to engage primarily in business of the same general type as now conducted by them which shall, taken as a whole, principally be the Borrower business (both domestic and its Material Subsidiariesinternational) of (i) selling, distributing and processing steel, other metals and industrial products, (ii) managing such materials for customers and (iii) providing other services and products incidental, ancillary or related to any of the foregoing.

Appears in 3 contracts

Samples: Credit Agreement (Ryerson Holding Corp), Credit Agreement (Ryerson Inc.), Credit Agreement (J.M. Tull Metals Company, Inc.)

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Conduct of Business; Maintenance of Existence. (a) The Each Borrower and its Material Subsidiaries will continue to engage primarily in business of the same general type as now conducted by them which shall, taken as a whole, principally be the Borrower business (both domestic and its Material Subsidiariesinternational) of (i) selling, distributing and processing steel, other metals and industrial products, (ii) managing such materials for customers and (iii) providing other services and products related to any of the foregoing.

Appears in 2 contracts

Samples: Credit Agreement (Ryerson Inc.), Credit Agreement (Ryerson Tull Inc /De/)

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