Nature of Businesses. The Competition focuses on applicants that are operating companies. All applicants must be seeking outside equity capital in addition to the money to be awarded in the Competition. Excluded Applicants The following businesses are not eligible for the Competition:
Nature of Businesses. The Borrower and the Subsidiaries will not, without the prior written consent of the Agent Bank in every specified instance, engage in any businesses other than the businesses conducted as of the Closing Date and all businesses incidental thereto.
Nature of Businesses. The Borrowers will not, without the prior written consent of the Banks in every specified instance, engage in any businesses other than (i) providing residential, vocational and other training, education, support and related programs and services (including habilitation, rehabilitation and required medical services) to (a) persons with developmental and other neurological disabilities (including individuals with mental retardation, dual diagnosis, acquired brain injury and other special needs), and (b) at-risk youth, juveniles and others (including individuals who are adjudicated or court-referred), in a variety of settings, ranging from single placements to large congregate settings, some of which may be secured, or pursuant to management or operating agreements with other parties, and (ii) all businesses incidental thereto.
Nature of Businesses. Section 8.5 is hereby amended by deleting the word "Banks" in the second line thereof and substituting therefor "Majority Banks (as defined in Section 15.11 hereof)".
Nature of Businesses. (a) The Company is not currently an operating business and does not hold any interest, whether freehold, leasehold or otherwise, in any real property.
Nature of Businesses. The Borrower and the Guarantors will not, without the prior written consent of the Agent Bank in every specified instance, en-gage in any businesses other than the businesses conducted as of the Closing Date and all businesses incidental thereto.
Nature of Businesses. 68 8.6 Minimum Net Worth........................................68 8.7 Ratio of Indebtedness to Cash Flow from Operations.......68 8.8 Ratio of Senior Indebtedness to Cash Flow from Operations...............................................68 8.9 Ratio of Debt to Capitalization..........................68 8.10
Nature of Businesses. The Borrowers will not, without the prior written consent of the Majority Banks (as defined in Section 15.11 hereof) in every specified instance, engage in any businesses other than (i) providing residential, vocational and other training, education, support and related programs and services (including habilitation, rehabilitation and required medical services) to (a) persons with developmental and other neurological disabilities (including individuals with mental retardation, dual diagnosis, acquired brain injury and other special needs), and (b) at-risk youth, juveniles and others (including individuals who are adjudicated or court-referred), in a variety of settings, ranging from single placements to large congregate settings, some of which may be secured, or pursuant to management or operating agreements with other parties, and (ii) all businesses incidental thereto.
