PARENT'S LINE OF BUSINESS. The Parent shall not engage in any business, and shall not own any property or assets, other than acquiring and owning (a) the capital stock of any other Loan Party, DSW or the Unrestricted Subsidiaries, and (b) any investments permitted to be made by the Parent hereunder, and (c) otherwise incidental to the operation of the business of a holding company.
Appears in 3 contracts
Samples: Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Retail Ventures Inc)
PARENT'S LINE OF BUSINESS. The Parent shall not engage in any business, and shall not own any property or assets, other than acquiring and owning (a) the capital stock of any other Loan Party, DSW Party or the Unrestricted Subsidiaries, and (b) any investments permitted to be made by the Parent hereunder, and (c) otherwise incidental to the operation of the business of a holding company.
Appears in 1 contract
Samples: Loan and Security Agreement (Value City Department Stores Inc /Oh)
