Permitted Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business other than a Permitted Business, except to such extent as would not be material to the Company and its Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Note Exchange Agreement (Kingstone Companies, Inc.), Note and Warrant Exchange Agreement (Kingstone Companies, Inc.)
Permitted Business. The Company shall not, and shall not permit any procure that no Subsidiary toshall, engage in any business other than a Permitted Business, except to such extent as would not be material to the Company and its Subsidiaries taken as a whole.
Appears in 2 contracts
Samples: Note Purchase Agreement (Youbet Com Inc), Note Purchase Agreement (Youbet Com Inc)
Permitted Business. The Company shall not, and shall not permit any Restricted Subsidiary to, engage in any business other than a Permitted Business, except to such the extent as would it is not be material to the Company and its Subsidiaries Restricted Subsidiaries, taken as a whole.
Appears in 1 contract
Samples: Indenture (Buffets Holdings, Inc.)