Common use of Sale-Leasebacks; Subsidiaries; New Business Clause in Contracts

Sale-Leasebacks; Subsidiaries; New Business. Borrower shall not enter into any sale and leaseback transaction with respect to any of its properties, create any subsidiary, or manufacture any goods, render any services or otherwise enter into any business which is not substantially similar to that existing or contemplated on the Closing Date or business incidental thereto.

Appears in 3 contracts

Samples: Loan Agreement, Loan Agreement (Blackhawk Biofuels, LLC), Amended and Restated Loan Agreement (Renewable Energy Group, Inc.)

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Sale-Leasebacks; Subsidiaries; New Business. No Borrower shall not enter into any sale and leaseback transaction with respect to any of its properties, properties or create any subsidiary, or manufacture any goods, render any services or otherwise enter into any business which is not substantially similar to that existing or contemplated on the Closing Date or business incidental theretoDate.

Appears in 1 contract

Samples: Credit Agreement (Liquidmetal Technologies Inc)

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Sale-Leasebacks; Subsidiaries; New Business. The Borrower shall not will not, nor will it permit Holdings or any Subsidiary to, enter into any sale and leaseback transaction with respect to any of its properties, properties or create any subsidiarySubsidiary, or manufacture any goods, render any services or otherwise enter into any business which is not substantially similar to that existing or contemplated on the Closing Date or business incidental theretoDate.

Appears in 1 contract

Samples: Credit Agreement (LIVE VENTURES Inc)

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