Common use of Restrictions on Business Clause in Contracts

Restrictions on Business. Neither the Company nor any Material Subsidiary are a party to or bound or affected by any commitment, agreement or document containing any covenant which expressly limits the freedom of the Company or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Company and any Material Subsidiary.

Appears in 7 contracts

Samples: Underwriting Agreement (Vox Royalty Corp.), Equity Distribution Agreement (Electra Battery Materials Corp), Equity Distribution Agreement (Electra Battery Materials Corp)

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Restrictions on Business. Neither the Company nor any Material the Subsidiary are is a party to any Contract, or bound subject to any restriction in its Articles, by-laws or affected directors’ or shareholders’ resolutions or subject to any restriction imposed by any commitment, agreement Governmental Authority or document containing subject to any covenant Applicable Law or Order which expressly limits could materially restrict or interfere and cause a Material Adverse Effect with respect to the freedom conduct of its Business or its use of its Assets or which could materially limit or restrict or otherwise adversely affect and cause a Material Adverse Effect in respect of the Company Shares, its Assets or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Company and any Material SubsidiaryBusiness.

Appears in 1 contract

Samples: Share Purchase Agreement (Universal American Financial Corp)

Restrictions on Business. Neither Except as disclosed in the Offering Documents or otherwise pursuant to the Note Offering, neither the Company nor any Material Subsidiary are a party to or bound or affected by any commitment, agreement or document containing any covenant which expressly limits the freedom of the Company or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Company and any Material Subsidiary.

Appears in 1 contract

Samples: Agency Agreement (Electra Battery Materials Corp)

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Restrictions on Business. Neither the Company Corporation nor any Material Subsidiary are a party to or bound or affected by any commitment, agreement or document containing any covenant which expressly limits the freedom of the Company Corporation or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Company Corporation and any Material Subsidiary.

Appears in 1 contract

Samples: Agency Agreement (American Lithium Corp.)

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