Common use of Activities of Parent Clause in Contracts

Activities of Parent. The Parent will not engage in any trade or business, or own any assets (other than the Capital Stock of the Loan Parties owned as of the Effective Date, any assets related to the payment of taxes and amounts that it received or is entitled to receive pursuant to Section 6.06(d)) or incur any Indebtedness (other than its obligations under the Loan Documents, the Subordinated Convertible Notes, the Tax Notes, the Shareholder Payment Agreement, the Stock Purchase Agreement, and the Term Loan Documents.

Activities of Parent. The Parent will not engage in any trade or business, or own any assets (other than the Capital Stock Equity Interests of the Loan Parties owned as of the Effective Dateother Borrowers, any assets related to the payment of taxes and amounts that it received or is entitled to receive pursuant to Section 6.06(d6.06(e)) or incur any Indebtedness (other than its obligations under the Loan Documents, the Subordinated Convertible Notes, the Tax Notes, the Shareholder Payment Agreement, the Stock Purchase Agreement, Documents and the Term Loan Senior Unsecured Debt Documents).

Activities of Parent. The Parent will not engage in any trade or business, or own any assets (other than the Capital Stock of the Loan Parties owned as of the Effective Date, any assets related to the payment of taxes and amounts that it received or is entitled to receive pursuant to Section 6.06(d)) or incur any Indebtedness (other than its obligations under the Loan Documents, the Subordinated Convertible Notes, the Tax Notes, the Shareholder Payment Agreement, the Stock Purchase Agreement, Agreement and the Term Revolving Loan Documents).

Activities of Parent. The Parent will not engage in any trade or business, or own any assets (other than the Capital Stock of the Loan Parties owned as of the Effective Date, any assets related to the payment of taxes and amounts that it received or is entitled to receive pursuant to Section 6.06(d)) or incur any Indebtedness (other than its obligations under the Loan Documents, the Subordinated Convertible Notes, the Tax Notes, the Shareholder Payment Agreement, Agreement and the Stock Purchase Agreement, and the Term Loan Documents).