LIMITED ACTIVITIES Sample Clauses

LIMITED ACTIVITIES. Except for activities in connection with the IPO or the Formation Transactions or in the ordinary course of business, the Company and the Operating Partnership and their Subsidiaries have not engaged in any material business or incurred any material obligations.
LIMITED ACTIVITIES. Except for activities in connection with the IPO or the Formation Transactions, the REIT and the REIT Subsidiaries have not engaged in any material business or incurred any material obligations. Section 3.08
LIMITED ACTIVITIES. Since its formation, the Issuer has conducted no activities other than the execution, delivery and performance of the Transaction Documents contemplated hereby, and such other activities as are incidental to the foregoing and otherwise permitted under Section 12.02(i). The Issuer has incurred no indebtedness nor engaged in any activities or transactions nor acquired any assets except as expressly contemplated hereunder and under the other Transaction Documents.
LIMITED ACTIVITIES. Without limiting any provision of this Agreement or any other Loan Document (including this Article VII), no Loan Party shall, nor shall it permit any of its Subsidiaries to, engage in any activities other than (i) in the case of RPCT, those provided in Section 2.03 of the RPCT Trust Agreement, (ii) in the case of the Borrower, those provided in Section 2.03 of the Borrower Trust Agreement, and (iii) in the case of LuxCo 2, LuxCo 3 and BidCo, those provided in or permitted under the Loan Documents, the Offer Documents and those necessary, advisable or desirable to accomplish the Reorganization. The purposes and powers of RPCT as provided in Section 2.03 of the RPCT Trust Agreement and the Borrower as provided in the Borrower Trust Agreement, shall in each case not be amended or modified without the prior written consent of the Administrative Agent.
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LIMITED ACTIVITIES. Each Contributed Helmsley Entity is a single purpose entity formed solely to own the Participation Interests in its respective REIT Contributing Entity and such Contributed Helmsley Entity has not engaged in any business or other activities, except in connection with ownership of its Participation Interests in a REIT Contributing Entity. Each Contributed Helmsley Entity’s sole asset is its Participation Interest in a REIT Contributing Entity. None of the Contributed Helmsley Entities has incurred any liabilities or any other obligations of any nature whatsoever, except liabilities or other obligations as a Participant in the REIT Contributing Entities.
LIMITED ACTIVITIES. Except for activities directly connected to the Formation Transactions, the Operating Partnership has not engaged in any business or incurred any obligations.
LIMITED ACTIVITIES. The Secretary shall permit limited commercial activities within a rest area under paragraph (1), if the activities are available only to customers using the rest area and are limited to— (A) commercial advertising and media dis- plays if such advertising and displays are— (i) exhibited solely within any facility constructed in the rest area; and (ii) not legible from the main traveled way; (B) items designed to promote tourism in the State, limited to books, DVDs, and other media; (C) tickets for events or attractions in the State of a historical or tourism-related na- ture; (D) travel-related information, including maps, travel booklets, and hotel coupon booklets; and (E) lottery machines, provided that the priority afforded to blind vendors under sub- section (c) applies to this subparagraph.
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