Common use of Business Activity Clause in Contracts

Business Activity. Neither the Company nor any of its Subsidiaries is engaged in any line of business that is not related to the healthcare industry other than the sale of life insurance in connection with the sale of medical insurance or other healthcare services or any business or activity which is immaterial to the Company and its Subsidiaries on a consolidated basis.

Appears in 2 contracts

Samples: Credit Agreement (Humana Inc), Credit Agreement (Humana Inc)

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Business Activity. Neither the Company nor any of its Subsidiaries is engaged in any line or lines of business that is not related to the healthcare industry activity other than the sale of life insurance in connection with the sale of medical insurance or other healthcare services or any business or activity which is immaterial to the Company and its Subsidiaries on a consolidated basisHealth Care Business.

Appears in 2 contracts

Samples: Credit Agreement (Sierra Health Services Inc), Credit Agreement (Sierra Health Services Inc)

Business Activity. Neither the Company Borrower nor any of its Subsidiaries is engaged in any line or lines of business that is not related to the healthcare industry activity other than the sale of life insurance in connection with the sale of medical insurance or other healthcare services or any business or activity which is immaterial to the Company and its Subsidiaries on a consolidated basisHealth Care Business.

Appears in 1 contract

Samples: Loan and Security Agreement (Amerigroup Corp)

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Business Activity. Neither the Company nor any of its Subsidiaries is engaged in any line or lines of business that is not related to the healthcare industry activity other than the sale of life insurance in connection with the sale of medical insurance or other healthcare services or any business or activity which is immaterial to the Company and its Subsidiaries on a consolidated basisHealthcare Business.

Appears in 1 contract

Samples: Credit Agreement (Foundation Health Systems Inc)

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