Material Investments. The Borrower will not, and will not permit any other Loan Party to, make material investments or enter into ventures of a material nature which are outside the scope of their normal course of business.
Appears in 3 contracts
Samples: Credit Agreement (Obsidian Energy Ltd.), Credit Agreement, Credit Agreement
Material Investments. The Borrower will not, and will not permit any other Loan Party to, make any material investments investment or enter into joint ventures of a material nature nature, in each case which are outside the scope of their normal course of businessbusiness (taken as a whole) contemplated by Section 12.3(i).
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