Common use of Indebtedness; Other Business Clause in Contracts

Indebtedness; Other Business. Trustee on behalf of the Trust shall not contract for, create, incur or assume any indebtedness, or enter into any business or other activity, other than pursuant to or under the Operative Documents and, for the benefit of Lessees, the Administrative Agent and the Lenders, agrees to be bound by Section 1.2(b) of the Trust Agreement.

Appears in 1 contract

Samples: Participation Agreement (Grand Casinos Inc)

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Indebtedness; Other Business. The Owner Trustee on behalf of the Trust shall not contract for, create, incur or assume any indebtedness, or enter into any business or other activity, other than pursuant to or under the Operative Documents and, for the benefit of Lessees, the Administrative Agent and the Lenders, agrees to be bound by Section 1.2(b) of the Trust AgreementDocuments.

Appears in 1 contract

Samples: Master Equipment Lease (Wise Metals Group LLC)

Indebtedness; Other Business. The Trustee on behalf of in its capacity as Trustee under the Trust Agreement, and not in its individual capacity, shall not contract for, create, incur or assume any indebtedness, or enter into any business or other activity, other than pursuant to or under the Operative Documents and, for the benefit of Lessees, the Administrative Agent and the Lenders, agrees to be bound by Section 1.2(b) of the Trust AgreementAgreements.

Appears in 1 contract

Samples: Participation Agreement (Safeskin Corp)

Indebtedness; Other Business. The Owner Trustee, in its capacity as Owner Trustee on behalf of under the Trust Agreement, and not in its individual capacity, shall not contract for, create, incur or assume any indebtedness, or enter into any business or other activity, other than pursuant to or under the Operative Documents and, for the benefit of Lessees, the Administrative Agent and the Lenders, agrees to be bound by Section 1.2(b) of the Trust AgreementDocuments.

Appears in 1 contract

Samples: Participation Agreement (Peoplesoft Inc)

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Indebtedness; Other Business. The Trustee, in its capacity as Trustee on behalf of under the Trust Agreement, and not in its individual capacity, shall not contract for, create, incur or assume any indebtedness, or enter into any business or other activity, other than pursuant to or under the Operative Documents and, for the benefit of Lessees, the Administrative Agent and the Lenders, agrees to be bound by Section 1.2(b) of the Trust AgreementDocuments.

Appears in 1 contract

Samples: Participation Agreement (Rite Aid Corp)

Indebtedness; Other Business. Neither the Owner Trustee, in its capacity as Owner Trustee on behalf of and not in its individual capacity, nor the Trust Investor shall not contract for, create, incur or assume any indebtedness, or enter into any business or other activity, other than pursuant to or under the Operative Documents and, for the benefit of Lessees, the Administrative Agent and the Lenders, agrees to be bound by Section 1.2(b) of the Trust AgreementAgreements.

Appears in 1 contract

Samples: Participation Agreement (Borders Group Inc)

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