Lines of Business and Capital Expenditures. Unless disclosed in ------------------------------------------ writing to Buyer, DSI and Xxxx covenant upon the execution of this Agreement and until the Closing Date or termination of this Agreement, whichever is earlier, that DSI and its Subsidiaries will not (a) enter into any new material line of business outside their traditional toy business; (b) change their respective investment, liability management and other material policies in any material respect; or (c) incur or commit to any material capital expenditures, obligations or liabilities in connection therewith other than in the Ordinary Course of Business.
Lines of Business and Capital Expenditures. Unless approved in writing by Vail, TBA covenants that it will not permit either VAB or Manager to (a) enter into any new lines of business; (b) change their investment, liability management and other material policies in any material respect; or (c) incur or commit to any capital expenditures or non-budgeted operating expenditures, obligations or liabilities in connection therewith.
Lines of Business and Capital Expenditures. During the term of this Agreement, no Target will (a) enter into any new line of business or (b) except as contemplated by the letters delivered under Section 4.32, incur or commit to any Capital Expenditures other than up to C$75,000 in the aggregate for any other capital expenditures.
Lines of Business and Capital Expenditures. During the term of this Agreement, neither the Company nor any of its Subsidiaries will (a) enter into any new material line of business or (b) incur or commit to any capital expenditures other than (i) up to $1.0 million in the aggregate for acquisitions as permitted under Section 7.5 and (ii) up to $1.0 million in the aggregate for any other capital expenditures.
Lines of Business and Capital Expenditures. Unless approved in writing by TBA, Romeo Entertainment covenants that it will not (a) enter into any new material line of business; (b) change its investment, liability management and other material policies in any material respect; or (c) incur or commit to any capital expenditures, obligations or liabilities in connection therewith.
Lines of Business and Capital Expenditures. Unless approved in writing by TBA, each of CPI and CII covenants that it will not (a) enter into any new material line of business;
Lines of Business and Capital Expenditures. Unless approved in writing by TBA, Concert Services covenants that it will not (a) enter into any new material line of business; (b) change its investment, liability management and other material policies in any material respect; or (c) incur or commit to any capital expenditures, obligations or liabilities in connection therewith.
Lines of Business and Capital Expenditures. Unless approved in writing by NCCI, the Sellers covenant that they will not permit the Companies or the Partnership to (a) enter into any new material lines of business; (b) change their investment, liability management and other material policies in any material respect; or (c) incur or commit to any capital expenditures, obligations or liabilities in connection therewith.
Lines of Business and Capital Expenditures. Scalable Software shall not: (i) enter into any new lines of business; (ii) incur or commit to any capital expenditures or obligations or liabilities in connection therewith, other than capital expenditures, obligations or liabilities reflected in the Approved Budget or, if not so reflected, that, on a basis after giving effect to such acquisition or expenditure, individually or in the aggregate taken with all other such expenditures obligations or liabilities not so reflected, exceeds $10,000; (iii) acquire or agree to acquire by merging or consolidating with, or acquire or agree to acquire by purchasing any assets of, or in any manner, any person in a transaction that would be material to Scalable Software; or (iv) otherwise, except as to the acquisition of materials and supplies for its products and activities in the ordinary course of business, acquire or agree to acquire any assets for a total consideration that, on a basis after giving effect to such acquisition or expenditure, individually or in the aggregate taken with all other such expenditures, obligations or liabilities, exceeds $10,000.
Lines of Business and Capital Expenditures. The Company shall not (a) enter into any new line of business; (b) change its investments, management or other policies in any material respect; (c) incur or commit to any capital expenditures, obligations or liabilities in connection therewith other than capital expenditures, obligations or liabilities that do not exceed in the aggregate $25,000; (d) acquire or agree to acquire by merging or consolidating with, or acquire or agree to acquire by purchasing any assets of, or in any manner, any Person; or (e) otherwise, except as to the acquisition of materials and supplies for its products and activities in the usual and ordinary course of business consistent with past practice, acquire or agree to acquire any assets for a total consideration in the aggregate in excess of $25,000. The Company shall not make any investment in any Person.
