Common use of Continuation of Businesses Clause in Contracts

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.

Appears in 10 contracts

Samples: 364 Day Credit Agreement (Exelon Corp), Credit Agreement, 364 Day Credit Agreement

AutoNDA by SimpleDocs

Continuation of Businesses. Engage in, or permit any of its Subsidiaries to engage in, any material 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.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Peco Energy Co)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!