Common use of Continuation of Businesses Clause in Contracts

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.

Appears in 3 contracts

Samples: Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co), Credit Agreement (Commonwealth Edison Co)

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Continuation of Businesses. Engage in, or permit any of its Subsidiaries Subsidiary (other than any ComEd Energy Holdings Entity or, on or after the PSEG Merger Date, Energy Holdings Entity) to engage in, any line of business which is material to Exelon the Borrower and its Subsidiaries, Subsidiaries taken as a whole, other than businesses engaged in by such the Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof.

Appears in 1 contract

Samples: Term Loan Agreement (Commonwealth Edison Co)

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