Common use of Limitation on Business Clause in Contracts

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.

Appears in 1 contract

Samples: Indenture (PT Centralpertiwi Bahari)

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Limitation on Business. The Company shall not, and shall not permit any of its Restricted the 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 wholebusiness in which it is engaged on the date hereof.

Appears in 1 contract

Samples: Indenture (Town & Country Corp)

Limitation on Business. The Company shall will not, and shall will 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 businesses engaged in by the Company and its Restricted Subsidiaries, taken Subsidiaries as of the Issue Date and reasonable extensions thereof and businesses ancillary or complementary thereto (a whole“Permitted Business”).

Appears in 1 contract

Samples: Indenture (RCN Corp /De/)

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Limitation on Business. The Company shall will not, and shall will 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 businesses engaged in by the Company and its Restricted Subsidiaries, taken Subsidiaries as of the Issue Date and reasonable extensions thereof and businesses ancillary or complementary thereto (a whole"Permitted Business").

Appears in 1 contract

Samples: Indenture (RCN Corp /De/)

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