Business Conducted Sample Clauses
The 'Business Conducted' clause defines the scope and nature of the activities that a party is permitted or required to carry out under the agreement. Typically, it outlines the specific business operations, services, or transactions that are covered, and may set boundaries on what is considered acceptable conduct within the context of the contract. For example, it might specify that a distributor can only sell certain products in designated territories or that a service provider must adhere to industry standards. This clause ensures that both parties have a clear understanding of their roles and responsibilities, reducing the risk of disputes over unauthorized or inappropriate business activities.
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Business Conducted. The Borrowers shall not and shall not permit any of their Subsidiaries to, engage directly or indirectly, in any line of business other than the businesses in which the Borrowers are engaged on the Closing Date.
Business Conducted. Borrower shall continue in the business currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Business Conducted. The Borrower shall not engage directly or indirectly, in any line of business other than the businesses in which the Borrower is engaged on the Closing Date.
Business Conducted. Holdings and its Restricted Subsidiaries (taken as a whole) shall not engage at any time in any line of business other than the lines of business of the same general type currently conducted by it and any businesses incidental to, reasonably related or ancillary thereto, and the lines of business of the general type described on Schedule 8.15 attached hereto and any businesses incidental to, reasonably related or ancillary thereto.
Business Conducted. 85 9.16 Liens................................................................. 86 9.17 Sale and Leaseback Transactions....................................... 86 9.18
Business Conducted. The Borrower shall not and shall not permit any of its Subsidiaries to, engage in any businesses which are not the same, similar, ancillary, complimentary, incidental or reasonably related to, or reasonable extensions, developments or expansions of, the businesses in which the Borrower is engaged on the Closing Date.
Business Conducted. 43 7.18 Liens............................................................43 7.19
Business Conducted. 61 7.20 Liens...............................................................................61 7.21 Sale and Leaseback Transactions.....................................................61 7.22 New Subsidiaries....................................................................61 7.23 Fiscal Year.........................................................................62 7.24
Business Conducted. No Borrower shall, nor shall it permit any of its Subsidiaries to, engage directly or indirectly, in any line of business other than the same or substantially similar businesses in which such Borrower is engaged on the Closing Date.
Business Conducted. No Borrower shall or shall permit any of its Subsidiaries to engage, directly or indirectly, in any line of business other than the businesses in which such Person is engaged on the Closing Date or which are reasonably related thereto, including without limitation the design, marketing and distribution of any products covered by the International Housewares Association.