Continuation of Businesses. Engage, or permit any Subsidiary to engage, in any line of business which is material to the Borrower and its Subsidiaries, taken as a whole, other than businesses engaged in by the Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof.
Continuation of Businesses. Engage in, or permit any of its Subsidiaries to engage in, any line of business which is material to Exelon and its Subsidiaries, taken as a whole, other than businesses engaged in by such Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof.
Continuation of Businesses. Engage in, or permit any of its Subsidiaries (other than any ComEd Entity or, on or after the PSEG Merger Date, Energy Holdings Entity) to engage in, any line of business which is material to Exelon and its Subsidiaries, taken as a whole, other than businesses engaged in by such Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof.
Continuation of Businesses. (a) Buyer shall, with Sellers’ cooperation, (i) revise the Domestic UFOC to include information required under the UFOC Guidelines concerning Buyer, Parent and any changes in the domestic franchise program Buyer intends to make, (ii) request informal advisory opinions from state franchise administrators in order to determine which states, if any, will permit Buyer to “tack” the registration of its franchise program onto the existing registrations of GACCF, and (iii) prepare and file the initial registration of Buyer’s Uniform Franchise Offering Circular with appropriate state franchise administrators.
Continuation of Businesses. (a) The Seller, Atlantic Disposal and the Subsidiaries will operate the Businesses until the time of Closing using prudent business judgment so as to preserve the business organizations. Each of Atlantic Disposal and the Subsidiaries shall carry on its business in, and only in, the usual, regular and ordinary course, consistent with past practice and in substantially the same manner as heretofore conducted and, to the extent consistent with such business, use its best efforts to preserve intact its present business organization, keep available the services of its present officers and employees, and preserve its relationships with customers, contractors, and others having business dealings with it to the end that its goodwill and ongoing business shall be unimpaired at the Closing. The Parties acknowledge the obligations of Seller under the New York Agreement.
Continuation of Businesses. Engage, or permit any Subsidiary to engage, in any line of business which is material to Exelon and its Subsidiaries, taken as a whole, other than businesses engaged in by Exelon and its Subsidiaries as of the date of the Amendment and Restatement Agreement and reasonable extensions thereof.
Continuation of Businesses. Seller will continue as an operating business following the acquisition of GSSI by the Company, however, Seller will not compete with the Company or GSSI in any manner whatsoever, and will not be affiliated with any entities or persons who compete with GSSI or the Company in any manner. GSSI will only offer securities for third parties subject to written approval of the board of directors of the Company. However, notwithstanding any provisions of this Agreement to the contrary, the Seller, and its officers and directors, will continue to discharge its duty and responsibili-ties to Seller 's shareholders and as a general partner in all existing limited partnership in which it is affili-ated.
Continuation of Businesses. The Borrower will not engage in, or permit any of its Subsidiaries to engage in, any line of business which is material to the Borrower and its Subsidiaries, taken as a whole, other than businesses engaged in by the Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof, including extensions required to meet applicable regulatory requirements.
Continuation of Businesses
