Limitation on Business Sample Clauses

Limitation on Business. (a) The Borrower shall not engage in any activities other than owning Equity Interests in Cornerstone and other Subsidiaries that own, operate or manage Healthcare Facilities, and financing activities and other activities reasonably related to such ownership. (b) The Borrower shall not permit any of its Restricted Subsidiaries to engage in any business, other than the business of owning, operating or managing Healthcare Facilities and any business reasonably incidental thereto.
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Limitation on Business. The Company shall not, and will not permit any of the Restricted Subsidiaries or Restricted Affiliates to, engage in a business which is not substantially a Permitted Business.
Limitation on Business. The Fund shall not, directly or indirectly, engage in any business other than investing in Investments or entering into any Other Investment Positions permitted by Section 5.02(c) and activities incidental thereto.
Limitation on Business. Business transacted at any special meeting of stockholders shall be limited to the purposes stated in the notice.
Limitation on Business. The Parent shall not, and shall not permit any Restricted Subsidiary to, directly or indirectly, engage in any business other than a Telecommunications Business, except to such extent as would not exceed one percent of the total consolidated tangible assets of the Parent and the Restricted Subsidiaries.
Limitation on Business. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Company and its Restricted Subsidiaries, taken as a whole.
Limitation on Business. Engage in any business other than the business in which the Consolidated Entities are currently primarily engaged as a whole as of this Agreement, nor transact business between Borrower and/or any other Consolidated Entity except on an arm's length basis for fair consideration.
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Limitation on Business. The Borrower shall not engage in any business or activity other than the business engaged in as of the date hereof and in activities related or incidental to such business without the Bank's prior written consent, which consent shall not be unreasonably withheld.
Limitation on Business. Engage in any business other than financing, purchasing, owning and selling and managing the Pool Assets in the manner contemplated by the Facility Documents and any Term Purchase Agreement and all activities incidental thereto, or enter into or be a party to any agreement or instrument other than any Facility Document, any Term Purchase Agreement or documents and agreements incidental thereto.
Limitation on Business. At any time during the term of this Agreement, Fund Agent may, by written notice to Edgewood specifying an effective date not less than sixty (60) days after the mailing of such notice (the "Effective Date"), instruct Edgewood not to engage any additional Customers after the Effective Date, and Edgewood shall use its best efforts thereafter to comply with Fund Agent's instructions. Notwithstanding the giving of such notice or agreement, Fund Agent(s) will continue to pay Edgewood all fees related to Shares that are outstanding on its books as of the Effective Date for so long as (i) such Shares are held in accounts which Edgewood is identified to Fund Agent(s) as broker-dealer of record, (ii) Edgewood continues to provide or cause to be provided Services to the accounts, and (iii) this Agreement is not otherwise terminated. On Edgewood's request, Fund Agent will provide Edgewood a summary of the share balances in each account for which Edgewood is broker of record on the Effective Date (this being the basis that Fund Agent uses to calculate the fees payable to Edgewood); provided, however, that, in the event Fund Agent(s) is terminated as distributor for the Funds or otherwise ceases to act as distributor for the Funds, such payment obligation shall immediately cease. In such event, Edgewood may seek to receive such payments from any successor distributor that is appointed by the Funds. All redemptions of Shares from an account after the Effective Date (irrespective of whether such Shares were added to the account before or after the Effective Date) will be deemed to reduce the share balance on which Fund Agent calculates and pays fees to Edgewood.
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