Common use of Lines of Business Clause in Contracts

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related thereto.

Appears in 16 contracts

Samples: Term Loan Agreement (Axogen, Inc.), Term Loan Agreement, Term Loan Agreement (NanoString Technologies Inc)

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Lines of Business. Such Obligor It will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Obligor, or a business reasonably related theretorelated, incidental or complementary thereto or reasonable extensions thereof.

Appears in 11 contracts

Samples: Credit Agreement and Guaranty (GeneDx Holdings Corp.), Credit Agreement and Guaranty (Biodesix Inc), Credit Agreement and Guaranty (Biodesix Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower such Obligor or any such Subsidiary or a business reasonably related theretorelated, incidental or complimentary thereto or a reasonable extension thereof or a business having a similar customer base.

Appears in 11 contracts

Samples: Forbearance Agreement and First Amendment to Credit Agreement and Guaranty (Icagen, Inc.), Forbearance Agreement and First Amendment to Credit Agreement and Guaranty (Icagen, Inc.), Forbearance Agreement and Third Amendment to Credit Agreement and Guaranty (Icagen, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related theretothereto or constituting a reasonable extension thereof.

Appears in 6 contracts

Samples: Term Loan Agreement (Silk Road Medical Inc), Term Loan Agreement (Silk Road Medical Inc), Term Loan Agreement (Silk Road Medical Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related theretorelated, incidental or complementary thereto or reasonable expansions or extensions thereof.

Appears in 6 contracts

Samples: Credit Agreement and Guaranty (Harrow, Inc.), Credit Agreement (Tpi Composites, Inc), Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower such Obligor or any Subsidiary thereof or a business reasonably similar or related thereto.

Appears in 5 contracts

Samples: Senior Secured Convertible Credit Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC), Senior Secured Convertible Credit Agreement (Kadmon Holdings, LLC)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related theretorelated, incidental or complementary thereto or reasonable extensions thereof.

Appears in 3 contracts

Samples: Credit Agreement and Guaranty (Verona Pharma PLC), Credit Agreement (Athenex, Inc.), Credit and Guaranty Agreement (Athenex, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in or planned to be engaged in on the date hereof by the Borrower or any Subsidiary and its Subsidiaries or a business reasonably related thereto, which shall include, without limitation, any business related to dentistry.

Appears in 3 contracts

Samples: Credit Agreement (Sonendo, Inc.), Credit Agreement (Sonendo, Inc.), Credit Agreement (Sonendo, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related theretorelated, incidental or complimentary thereto or reasonable extensions thereof and cancer diagnostics generally.

Appears in 3 contracts

Samples: Term Loan Agreement (Decipher Biosciences, Inc.), Term Loan Agreement (Decipher Biosciences, Inc.), Term Loan Agreement (Decipher Biosciences, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any line of business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related theretorelated, incidental or complementary thereto or reasonable expansions or extensions thereof.

Appears in 3 contracts

Samples: Credit Agreement (scPharmaceuticals Inc.), Credit Agreement (Seres Therapeutics, Inc.), Credit Agreement (scPharmaceuticals Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof August 28, 2015 by Borrower such Obligor or any Subsidiary thereof or a business reasonably similar or related thereto.

Appears in 3 contracts

Samples: Waiver and Consent Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC), Security Agreement (Kadmon Holdings, LLC)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business Business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related thereto.

Appears in 2 contracts

Samples: Term Loan Agreement (Biodelivery Sciences International Inc), Term Loan Agreement (Biodelivery Sciences International Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower or any Subsidiary or a business reasonably related theretorelated, incidental or complimentary thereto or reasonable extensions thereof.

Appears in 2 contracts

Samples: Term Loan Agreement (NeuroPace Inc), Term Loan Agreement (NeuroPace Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower or any Subsidiary or a business reasonably related theretothereto or which constitutes a reasonable extension or expansion thereof.

Appears in 2 contracts

Samples: Term Loan Agreement (Sanara MedTech Inc.), Term Loan Agreement (EyePoint Pharmaceuticals, Inc.)

Lines of Business. Such Obligor It will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary thereof, or a business reasonably related theretorelated, incidental or complimentary thereto or reasonable extensions thereof.

Appears in 2 contracts

Samples: Credit Agreement (Zymeworks Inc.), Credit Agreement (Zymeworks Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to in any material extent in any line of business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related theretorelated, incidental or complementary thereto or reasonable expansions or extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (Establishment Labs Holdings Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower Parent or any Subsidiary or a business reasonably related thereto.

Appears in 1 contract

Samples: Term Loan Agreement (Strongbridge Biopharma PLC)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related theretorelated, incidental or complimentary thereto or reasonable extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (Athenex, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower or any Subsidiary such Persons or a business reasonably similar or related thereto.

Appears in 1 contract

Samples: Credit Agreement (Adma Biologics, Inc.)

Lines of Business. Such Obligor will shall not, and will shall not permit any of its Subsidiaries to, engage to any material extent in any line of business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related theretorelated, incidental or complementary thereto or reasonable expansions or extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (Fractyl Health, Inc.)

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Lines of Business. Such Obligor It will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Person, or a business reasonably related theretorelated, incidental or complementary thereto or reasonable extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (SOPHiA GENETICS SA)

Lines of Business. Such Obligor will shall not, and will shall not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Merger Effective Date by Borrower or any Subsidiary and its Subsidiaries or a business reasonably related thereto.

Appears in 1 contract

Samples: Term Loan Agreement (P3 Health Partners Inc.)

Lines of Business. Such Obligor It will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Obligor, or a business reasonably related theretorelated, incidental or complimentary thereto or reasonable extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (Molecular Templates, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower Parent or any Subsidiary or a business reasonably related thereto.

Appears in 1 contract

Samples: Term Loan Agreement (Strongbridge Biopharma PLC)

Lines of Business. Such Obligor will shall not, and will shall not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower or any Subsidiary and its Subsidiaries or a business reasonably related thereto.

Appears in 1 contract

Samples: Term Loan Agreement (Treace Medical Concepts, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower Parent Guarantor or any Subsidiary or a business reasonably related thereto.

Appears in 1 contract

Samples: Term Loan Agreement

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related theretothereto or reasonable extensions thereof.

Appears in 1 contract

Samples: Term Loan Agreement (Omeros Corp)

Lines of Business. Such Obligor It will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Obligor, or a business reasonably related thereto.related, incidental or complementary thereto or reasonable extensions thereof. ‑84‑

Appears in 1 contract

Samples: Credit Agreement and Guaranty (Biodesix Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to and will use commercially reasonable efforts to not permit any Managed Company to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower Holdings, any Subsidiary or any Subsidiary Managed Company or a business reasonably related theretothereto or a reasonable extension thereof.

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary such Persons or a business reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Vapotherm Inc)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to and will use commercially reasonable efforts to not permit any Managed Company to, engage to any material extent in any business other than the business engaged in on the date hereof Closing Date by Borrower Parent, any Subsidiary or any Subsidiary Managed Company or a business reasonably related theretothereto or a reasonable extension thereof.

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related thereto.thereto or reasonable extensions thereof. 137168310 v21

Appears in 1 contract

Samples: Term Loan Agreement (Omeros Corp)

Lines of Business. Such Obligor will not, and will not permit any of its Subsidiaries to, engage to any material extent in any business other than the business engaged in on the date hereof by Borrower or any Subsidiary or a business reasonably related theretosuch Persons.

Appears in 1 contract

Samples: Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)

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