Common use of Business of Holdings Clause in Contracts

Business of Holdings. Holdings shall not engage in any business activities or have any material assets or liabilities other than its ownership of the Equity Interests of the Borrower and assets and liabilities incidental to its function as a holding company, including its liabilities hereunder, under the Senior Subordinated Notes Indentures and under any guaranty of Indebtedness permitted by Section 6.01, and pursuant to the Guarantee and Collateral Agreement and any other Loan Document or Senior Subordinated Notes Document.

Appears in 9 contracts

Samples: Credit Agreement (TransDigm Group INC), Credit Agreement (TransDigm Group INC), Credit Agreement (TransDigm Group INC)

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Business of Holdings. Holdings shall not engage in any business activities or have any material assets or liabilities other than its ownership of the Equity Interests of the Borrower and assets and liabilities incidental to its function as a holding company, including its liabilities hereunder, hereunder and under the Senior Subordinated Notes Indentures and under any guaranty of Indebtedness permitted by Section 6.01Indentures, and pursuant to the Guarantee and Collateral Agreement and any other Loan Document or Senior Subordinated Notes Document.

Appears in 1 contract

Samples: Credit Agreement (TransDigm Group INC)

Business of Holdings. Holdings shall not engage in any business activities or have any material assets or liabilities other than its ownership of the Equity Interests of the Borrower and assets and liabilities incidental to its function as a holding company, including its liabilities hereunder, under the Senior Subordinated Notes Indentures and under any guaranty of Indebtedness permitted by Section 6.01, hereunder and pursuant to the Guarantee and Collateral Agreement and any other Loan Document or Senior Subordinated Notes Document.

Appears in 1 contract

Samples: Credit Agreement (Transdigm Inc)

Business of Holdings. Holdings shall not engage in any business activities or have any material assets or liabilities other than its ownership of the Equity Interests of the Borrower and assets and liabilities incidental to its function as a holding company, including its liabilities hereunder, under the Senior Subordinated Notes Indentures and under any guaranty of Indebtedness permitted by Section 6.01, and pursuant to the Guarantee and Collateral Agreement and any other Loan Document or Senior Subordinated Notes Document.”

Appears in 1 contract

Samples: Credit Agreement (TransDigm Group INC)

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Business of Holdings. Holdings shall not engage in any business activities or have any material assets or liabilities other than its ownership of the Equity Interests of the Borrower and assets and liabilities incidental to its function as a holding company, including its liabilities hereunder, hereunder and under the Senior Subordinated Existing Credit Agreement, the Existing Notes Indentures and under any guaranty of Indebtedness permitted by Section 6.01Indenture, and pursuant to the Guarantee and Collateral Agreement and any other Loan Document, Existing Credit Document or Senior Subordinated and Existing Notes Document.

Appears in 1 contract

Samples: Credit Agreement (TransDigm Group INC)

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