Common use of Limitations on Activities Clause in Contracts

Limitations on Activities. No Parent Guarantor will engage in any business or activity other than (i) the ownership of all the outstanding shares of Capital Stock of the Parent Companies and the Borrower, as applicable, (ii) maintaining its corporate or other existence, (iii) participating in tax, accounting and other administrative matters as a member of the consolidated group of the Parent Guarantors and the Borrower, (iv) the performance of the Credit Documents to which it is a party, (v) making any dividend or distribution permitted by Section 10.6 or holding any cash, Capital Stock or property received in connection with dividends or distributions made by the Borrower in accordance with Section 10.6 pending (x) application thereof by any applicable Parent Guarantor, as applicable, in the manner contemplated by Section 10.6 or (y) transactions permitted under this Agreement, (vi) Indebtedness permitted under Section 10.1, including without limitation, Permitted Intercompany Indebtedness and the guarantees of such Permitted Intercompany Indebtedness by the Parent Guarantors, (vii) transactions permitted under Section 10.3, 10.4, 10.5 or 10.6, (viii) ownership of any Unrestricted Subsidiary to the extent otherwise permitted hereunder and (ix) activities incidental to the businesses or activities described in clauses (i) to (viii) of this Section 9.18.

Limitations on Activities. No Parent Guarantor will engage in any business or activity other than (i) the ownership of all the outstanding shares of Capital Stock of the Parent Companies and the Borrower, as applicable, (ii) maintaining its corporate or other existence, (iii) participating in tax, accounting and other administrative matters as a member of the consolidated group of the Parent Guarantors and the Borrower, (iv) the performance of the Credit Documents to which it is a party, (v) making any dividend or distribution permitted by Section 10.6 or holding any cash, Capital Stock or property received in connection with dividends or distributions made by the Borrower in accordance with Section 10.6 pending (x) application thereof by any applicable Parent Guarantor, as applicable, in the manner contemplated by Section 10.6 or (y) transactions permitted under this Agreement, (vi) Indebtedness permitted under Section 10.1, including without limitation, Permitted Intercompany Indebtedness and the guarantees of such Permitted Intercompany Indebtedness by the 106 Parent Guarantors, (vii) transactions permitted under Section 10.3, 10.4, 10.5 or 10.6, (viii) ownership of any Unrestricted Subsidiary to the extent otherwise permitted hereunder and (ix) activities incidental to the businesses or activities described in clauses (i) to (viii) of this Section 9.18.

Limitations on Activities. No NoThe Parent Guarantor will not engage in any business or activity other than (i) the ownership of all the outstanding shares of Capital Stock of the Parent Companies and the Borrower, as applicable, (ii) maintaining its corporate or other existence, (iii) participating in tax, accounting and other administrative matters as a member of the consolidated group of the Parent Guarantors GuarantorsGuarantor and the BorrowerBorrower or otherwise, (iv) the performance of the Credit Documents to which it is a party, its organizational documents, any document entered into in respect of any guarantee of any obligation of any Subsidiary, including leases, (v) making any dividend or distribution permitted by Section 10.6 or holding any cash, Capital Stock or property received in connection with dividends or distributions made by the Borrower in accordance with Section 10.6 pending (x) application thereof by any applicable applicablethe Parent Guarantor, as applicable, (x) in the manner contemplated by Section 10.6 or (y) to consummate any other transactions permitted under this Agreement, (vi) incurring Indebtedness permitted under Section 10.1, including without limitation, Permitted Intercompany Indebtedness and the guarantees of such Permitted Intercompany Indebtedness by the Parent Guarantors,Guarantor and performing any obligations under agreements relating thereto, (vii) transactions permitted under Section 10.3, 10.4, 10.5 or 10.6, (viii) ownership of any Unrestricted Subsidiary to the extent otherwise permitted hereunder and, (ix) any other activities incidental to being a public reporting company, (x) indemnifying officers and directors, (xi) activities and contractual rights incidental to the maintenance of stock plans and (ixxii) activities incidental to the businesses or activities described in clauses (i) to (viiiviiixi) of this Section 9.18.

Limitations on Activities. No Parent Guarantor will engage in any business or activity other than (i) the ownership of all the outstanding shares of Capital Stock of the Parent Companies and the Borrower, as applicable, (ii) maintaining its corporate or other existence, (iii) participating in tax, accounting and other administrative matters as a member of the consolidated group of the Parent Guarantors and the Borrower, (iv) the performance of the Credit Documents to which it is a party, (v) making any dividend or distribution permitted by Section 10.6 or holding any cash, Capital Stock or property received in connection with dividends or distributions made by the Borrower in accordance with Section 10.6 pending (x) application thereof by any applicable Parent Guarantor, as applicable, in the manner contemplated by Section 10.6 or (y) transactions permitted under this Agreement, (vi) Indebtedness permitted under Section 10.1, including without limitation, Permitted Intercompany Indebtedness and the guarantees of such Permitted Intercompany Indebtedness by the Parent Guarantors, (vii) transactions permitted under Section 10.3, 10.4, 10.5 or 10.6, (viii) ownership of 108 any Unrestricted Subsidiary to the extent otherwise permitted hereunder and (ix) activities incidental to the businesses or activities described in clauses (i) to (viii) of this Section 9.18.

Limitations on Activities. No Parent Guarantor will engage in any business or activity other than (i) the ownership of all the outstanding shares of Capital Stock of the Parent Companies and the Borrower, as applicable, (ii) maintaining its corporate or other existence, (iii) participating in tax, accounting and other administrative matters as a member of the consolidated group of the Parent Guarantors and the Borrower, (iv) the performance of the Credit Documents to which it is a party, (v) making any dividend or distribution permitted by Section 10.6 or holding any cash, Capital Stock or property received in connection with dividends or distributions made by the Borrower in accordance with Section 10.6 pending (x) application thereof by any applicable Parent Guarantor, as applicable, in the manner contemplated by Section 10.6 or (y) transactions permitted under this Agreement, (vi) Indebtedness permitted under Section 10.1, including without limitation, Permitted Intercompany Indebtedness and the guarantees of such Permitted Intercompany Indebtedness by the Parent Guarantors, (vii) transactions permitted under Section 10.3, 10.4, 10.5 or 10.6, (viii) ownership of any Unrestricted Subsidiary to the extent otherwise permitted hereunder and (ix) activities incidental to the businesses or activities described in clauses (i) to (viii) of this Section 9.18.. 108