Common use of Holdings Covenant Clause in Contracts

Holdings Covenant. Notwithstanding anything contained herein to the contrary, Holdings will not conduct, transact or otherwise engage in any active business or operations other than through the Lead Borrower and its Subsidiaries. The foregoing will not prohibit Holdings from taking actions related to the following (and activities incidental thereto):

Appears in 1 contract

Samples: First Lien Credit Agreement (ONESPAWORLD HOLDINGS LTD)

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Holdings Covenant. Notwithstanding anything contained herein to the contrary, Holdings will not not, so long as it is a Guarantor, conduct, transact or otherwise engage in any active trade or business or operations other than through the Lead Borrower Issuer and its Subsidiaries. The foregoing will not prohibit Holdings from taking actions related to the following (and activities incidental thereto):

Appears in 1 contract

Samples: Indenture (Leslie's, Inc.)

Holdings Covenant. Notwithstanding anything contained herein to the contrary, Holdings will not conduct, transact or otherwise engage in any active business or operations other than through the Lead Borrower and its Subsidiaries. The foregoing will not prohibit Holdings from taking actions related to the following (and activities incidental thereto):

Appears in 1 contract

Samples: Second Lien Credit Agreement (ONESPAWORLD HOLDINGS LTD)

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Holdings Covenant. Notwithstanding anything contained herein to the contrary, Holdings will not conduct, transact or otherwise engage in any active trade or business or operations other than through the Lead Borrower and its SubsidiariesSubsidiaries . The foregoing will not prohibit Holdings from taking actions related to the following (and activities incidental thereto):

Appears in 1 contract

Samples: Bridge Credit Agreement (Xerox Corp)

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