Limited Business. Since its formation the Issuer has conducted no business other than entering into and performing its obligations under the Transaction Documents to which it is a party, and such other activities as are incidental to the foregoing. The Transaction Documents to which it is a party, and any agreements entered into in connection with the transactions that are permitted thereby, are the only agreements to which the Issuer is a party.
Limited Business. Generator covenants and agrees:
(a) not to undertake any business other than the business of developing, financing, building, owning, operating and maintaining the Facility; and
(b) other than as required in respect of its business (as described in (a) above), not to incur indebtedness, including indebtedness on behalf of, or to guarantee the obligations of, any other Person.
Limited Business. Conduct any business with any Person, or enter ---------------- into any transactions with Affiliates or other Persons, except those that are specifically contemplated under the NewCo Agreement and this Agreement and to the extent consistent with the representations and warranties set forth in Section 4.01(o).
Limited Business. The Company has no property or assets other than those transferred pursuant to the Assignment dated May 14, 1998 from Shareholder to the Company (the "Assignment") and the Subsidiary Stock, and the Company has no liabilities or obligations of any type, absolute or contingent, accrued or unaccrued, known of unknown, other than its obligations under the Assignment.
Limited Business. At all times since its organization, the Company has not engaged in any trade or business or any other activity other than ownership of, and investment in, the Management Agreement and performing the Management Agreement.
Limited Business. Since its formation, the Borrower has conducted no business other than the acquisition and purchase of the Transferred Receivables pursuant to the Purchase Agreements, the granting of a security interest in the Transferred Assets under this Agreement, the execution and delivery of the Facility Documents to which it is a party, and such other activities as are incidental to the foregoing. The Facility Documents are the only agreements to which the Borrower is a party. The Borrower does not own or hold, directly or indirectly, any capital stock or equity security of, or any equity interest in, any Person.
Limited Business. Engage in any business or other activity, directly or indirectly (including through a subsidiary), except those contemplated by the Transaction Documents.
Limited Business. Since its formation, the Seller has conducted no business other than (i) the purchase and receipt of Receivables and related assets from the Originators under the Sale Agreement, (ii) the assignment of Receivables Assets under this Purchase Agreement to finance any such purchases, and (iii) such other activities as are incidental to the foregoing. The Facility Documents are the only agreements to which the Seller is a party. The Seller does not own or hold, directly or indirectly, any capital stock or equity security of, or any equity interest in, any Person.
Limited Business. Engage in any business or other activity, directly or indirectly (including through a subsidiary), except Receivables Programs (including such activities as may be incidental thereto) that, at the inception of each such Receivables Program, are rated at least A-1 by Standard & Poor’s Ratings Group (“S&P”), P-1 by Xxxxx’x Investors Service, Inc. (“Moody’s”), or the approximate equivalent as approved in writing by MBIA.
Limited Business. The Borrower has not conducted any business and engages in no transaction except as expressly contemplated herein.
