Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 14 contracts
Samples: Receivables Purchase Agreement (Carpenter Technology Corp), Receivables Purchase Agreement (Kulicke & Soffa Industries Inc), Receivables Purchase Agreement (Lesco Inc/Oh)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 14 contracts
Samples: Receivables Purchase Agreement (Kelly Services Inc), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.), Receivables Purchase Agreement (Knight-Swift Transportation Holdings Inc.)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 11 contracts
Samples: Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc), Receivables Purchase Agreement (Wesco International Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 10 contracts
Samples: Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc), Receivables Purchase Agreement (Fleetcor Technologies Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the any Company Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 9 contracts
Samples: Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company NoteAgreement; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 5 contracts
Samples: Receivables Purchase Agreement (Ugi Corp /Pa/), Purchase and Sale Agreement (Ugi Corp /Pa/), Receivables Purchase Agreement (Ugi Corp /Pa/)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 5 contracts
Samples: Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc), Receivables Purchase Agreement (Triumph Group Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company NoteNotes; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Consol Energy Inc), Receivables Purchase Agreement (American Greetings Corp), Receivables Purchase Agreement (Aar Corp)
Other Business. The Seller will not: not (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or and the other Transaction Documents (including the Company Note); or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations incidental to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Vistra Corp.), Receivables Purchase Agreement (Vistra Corp.), Receivables Purchase Agreement (Vistra Corp.)
Other Business. The Seller will not: not (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or and the other Transaction Documents (including the Company NoteNotes); or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations incidental to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Vistra Corp.), Receivables Purchase Agreement (Vistra Energy Corp.), Receivables Purchase Agreement (Vistra Energy Corp.)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company NoteNotes; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Imo Industries Inc), Receivables Purchase Agreement (Pittston Co), Receivables Purchase Agreement (Sequa Corp /De/)
Other Business. The Seller will shall not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Subordinated Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to may incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 3 contracts
Samples: Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.), Receivables Sale Agreement (Ipalco Enterprises, Inc.)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 3 contracts
Samples: Ball Receivables Participation Agreement (Weirton Steel Corp), Receivables Participation Agreement (Weirton Steel Corp), Receivables Purchase Agreement (First Brands Corp)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or and the Company Note; Subordinated Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 3 contracts
Samples: Receivables Sale Agreement (Arvinmeritor Inc), Receivables Sale Agreement (Arvinmeritor Inc), Receivables Sale Agreement (Arvinmeritor Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the any Company Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp), Receivables Purchase Agreement (Peabody Energy Corp)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or and the Company Note; other Transaction Documents, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal de minimis obligations incidental to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, audits and maintenance of legal status, etc.).
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Targa Resources Corp.), Receivables Purchase Agreement (Targa Resources Partners LP), Receivables Purchase Agreement (Targa Resources Partners LP)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Subordinated Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 3 contracts
Samples: Receivables Purchase Agreement (Cloud Peak Energy Inc.), Receivables Purchase Agreement (Cloud Peak Energy Inc.), Receivables Purchase Agreement (Cloud Peak Energy Resources LLC)
Other Business. The Seller will shall not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt indebtedness of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or and the Company Subordinated Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to may incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, audits and maintenance of legal status, etc.).
Appears in 2 contracts
Samples: Receivables Sale Agreement (Ametek Inc/), Receivables Sale Agreement (Ametek Inc/)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Subordinated Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 2 contracts
Samples: Receivables Sale Agreement (Perkinelmer Inc), Receivables Sale Agreement (Perkinelmer Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this the Agreement or the Company Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Airgas Inc), Receivables Purchase Agreement (Airgas Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company NoteAgreement; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 2 contracts
Samples: Receivables Purchase Agreement (CSS Industries Inc), Receivables Purchase Agreement (Ugi Corp /Pa/)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Buyer Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Purchase Agreement (Commonwealth Industries Inc/De/)
Other Business. The Seller will shall not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Subordinated Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to may incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Other Business. The Seller will shall not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; Subordinated Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to may incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company AFC Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Purchase Agreement (Amphenol Corp /De/)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company NoteSale and Contribution Notes; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Purchase Agreement (American Greetings Corp)
Other Business. The Seller will shall not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Subordinated Notes, or (iii) form any Subsidiary subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to may incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt indebtedness of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Agreement, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal ordinary course obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Sale Agreement (Great Plains Energy Inc)
Other Business. The Seller will shall not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Subordinated Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to may incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Sale Agreement (Hunt J B Transport Services Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; Subordinated Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).. (o)
Appears in 1 contract
Other Business. The Seller will not: not (i) engage in any business other than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or and the other Transaction Documents (including the Company NoteNotesNote); or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations incidental to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Sale Agreement (Albany International Corp /De/)
Other Business. The Seller will not: (i) engage in any business other -------------- than the transactions contemplated by the Transaction Documents; (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Purchase Agreement (KPMG Consulting Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement the Transaction Documents or the Company Subordinated Note; , or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.) (not to exceed $11,625, in the aggregate, outstanding at any one time).
Appears in 1 contract
Samples: Receivables Purchase Agreement (Eagle Materials Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt indebtedness of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; Agreement, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal ordinary course obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Sale Agreement (Great Plains Energy Inc)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' ’ acceptances) other than pursuant to this Agreement or the Company Note; Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).. (p)
Appears in 1 contract
Samples: Purchase and Sale Agreement (Cooper Tire & Rubber Co)
Other Business. The Seller will not: (i) engage in any business other than the transactions contemplated by the Transaction Documents; , (ii) create, incur or permit to exist any Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers' acceptances) other than pursuant to this Agreement or the Company Note; Notes, or (iii) form any Subsidiary or make any investments in any other Person; provided, however, that the Seller shall be permitted to incur minimal obligations to the extent necessary for the day-to-day operations of the Seller (such as expenses for stationery, audits, maintenance of legal status, etc.).
Appears in 1 contract
Samples: Receivables Purchase Agreement (Cincinnati Bell Inc)