Common use of Permitted Business Clause in Contracts

Permitted Business. The Borrower shall not, and shall not permit any other Credit Party to, engage to any material extent in any business other than the business of mining and activities related or ancillary thereto.

Appears in 3 contracts

Samples: Credit Agreement (Tahoe Resources Inc.), Credit Agreement (Tahoe Resources Inc.), Credit Agreement (Tahoe Resources Inc.)

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Permitted Business. The Borrower shall not, and shall not permit any other Credit Party to, engage to any material extent in any business other than (a) the business of mining exploration, extraction and activities related processing of minerals, and (b) any business that is the same, similar or otherwise reasonably related, ancillary or complementary thereto.

Appears in 2 contracts

Samples: Credit Agreement (SSR Mining Inc.), Royalty Agreement (SSR Mining Inc.)

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