Common use of Business Clause in Contracts

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the Borrowers, (ii) obligations under the Loan Documents and the Senior Note Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 3 contracts

Samples: Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc), Credit Agreement (LNT Leasing II, LLC)

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Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) rights and obligations under the Loan Documents and Documents, the Senior Note Documents and the other Transaction Documents and Tax Sharing Agreements and Indebtedness permitted under Section 6.01(k) and (iii) activities activities, obligations and properties assets incidental to the foregoing clauses (i) and (ii).

Appears in 3 contracts

Samples: Credit Agreement (Harry & David Holdings, Inc.), Credit Agreement (Harry & David Holdings, Inc.), Credit Agreement (Harry & David Holdings, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Documents and LP Agreement, (iii) the issuance of Holdings Employee Notes and (iv) activities and properties assets incidental to the foregoing clauses (i) and through (iiiii).

Appears in 3 contracts

Samples: Credit Agreement (Norcraft Companies Lp), Credit Agreement (Norcraft Companies Lp), Credit Agreement (Norcraft Companies Lp)

Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the Borrowers, (ii) obligations under the Loan Documents and the Senior Note Term Loan Documents and (iii) activities and properties assets incidental to the foregoing clauses (i) and (ii).

Appears in 3 contracts

Samples: Revolving Credit Agreement (Department 56 Inc), Term Loan Credit Agreement (Department 56 Inc), Revolving Credit Agreement (Lenox Group Inc)

Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower and other direct and indirect Subsidiaries of Holdings and its performance of administrative and managerial services on behalf of such Companies, (ii) obligations under the Loan Documents and the Senior Note Documents Transactions Documents, and (iii) activities and properties assets incidental to the foregoing clauses (i) and (ii).

Appears in 2 contracts

Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and Documents, (iii) guarantees of obligations to the Senior Note Documents extent such obligations are permitted hereunder and (iiiiv) activities and properties incidental to the foregoing clauses (i), (ii) and (iiiii).

Appears in 2 contracts

Samples: Credit Agreement (Mattress Firm Holding Corp.), Credit Agreement (Mattress Firm Holding Corp.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents, the Second Lien Loan Documents, the Acquisition Documents and relating to the Senior Note Documents Transactions and (iii) activities and properties incidental to the foregoing clauses (i) and (ii)) and the maintenance of its existence and legal, tax and accounting matters in connection with any activity otherwise expressly permitted hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Regency Energy Partners LP), Credit Agreement (Regency Energy Partners LP)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Documents Subordinated Loan Documents, (iii) guarantees of obligations to the extent such obligations are permitted hereunder and (iiiiv) activities and properties incidental to the foregoing clauses (i), (ii) and (iiiii).

Appears in 2 contracts

Samples: Credit Agreement (Mattress Firm Holding Corp.), Credit Agreement (Mattress Firm Holding Corp.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Second Lien Loan Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 2 contracts

Samples: Credit Agreement (PGT, Inc.), Credit Agreement (PGT, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents, the First Lien Loan Documents, the Acquisition Documents and relating to the Senior Note Documents Transactions and (iii) activities and properties incidental to the foregoing clauses (i) and (ii)) and the maintenance of its existence and legal, tax and accounting matters in connection with any activity otherwise expressly permitted hereunder.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Regency Energy Partners LP), Second Lien Credit Agreement (Regency Energy Partners LP)

Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersAdministrative Borrower, (ii) obligations under the Loan Documents and or the Senior Note Documents and other Indebtedness permitted under this Agreement, (iii) activities paying taxes, (iv) preparing reports to Governmental Authorities and properties incidental to the foregoing clauses (i) its shareholders, and (ii)v) holding directors and shareholders meetings, preparing corporate records and other corporate activities required to maintain its separate corporate structure.

Appears in 2 contracts

Samples: Credit Agreement (Massey Energy Co), Credit Agreement (Massey Energy Co)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Documents Second Lien Term Loan Documents, and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: First Lien Credit Agreement (Critical Homecare Solutions Holdings, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Documents First Lien Loan Documents, and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Second Lien Term Loan Agreement (Critical Homecare Solutions Holdings, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the Borrowers, (ii) obligations under the Loan Documents and the Senior Note Revolving Loan Documents and (iii) activities and properties assets incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Term Loan Credit Agreement (Lenox Group Inc)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilitiesIndebtedness (other than as permitted by Section 6.01), other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Subordinated Note Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii)) and those otherwise permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (HealthSpring, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note First Lien Loan Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Second Lien Credit Agreement (PGT, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties assets or liabilities, other than (i) its ownership of the Equity Interests of the Borrowers, (ii) obligations under the Loan Documents and the Senior Note Documents and (iii) activities and properties assets incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Credit Agreement (Basic Energy Services Inc)

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Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).Indebtedness otherwise permitted hereunder and

Appears in 1 contract

Samples: Credit Agreement (GSE Lining Technology, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersAcquired Business and the Loan Parties, (ii) obligations under the Loan Documents and the Senior Subordinated Note Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Credit Agreement (Southern Graphic Systems, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the Borrowers, (ii) obligations under the Loan Documents treasury securities or Dividends and the Senior Note Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).loans permitted hereunder,

Appears in 1 contract

Samples: Senior Credit Agreement

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the Borrowers, (ii) obligations under the Loan Documents and the Senior Note Documents and any Permitted Leasehold Facility and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Option Credit Agreement (Linens N Things Inc)

Business. (a) With respect to Holdingsthe Borrower, engage in any business activities or have any properties Properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower and business activities related thereto, (ii) obligations under the Loan Documents and the Senior Note Documents and (iii) activities and properties incidental sales of Equity Interests to the foregoing clauses (i) and (ii)extent not prohibited by this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Inotiv, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersParent Borrower, (ii) obligations under the Loan Documents and the Senior Second Lien Note Documents Documents, and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Credit Agreement (AGY Holding Corp.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of Borrowers and the BorrowersU.S. Sales Subsidiary, (ii) obligations under the Loan Documents, the Senior Secured Note Documents and the Senior Subordinated Note Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Credit Agreement (MagnaChip Semiconductor LTD (United Kingdom))

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersBorrower, (ii) obligations under the Loan Documents and the Senior Note Documents and Documents, (iii) activities and properties incidental to the foregoing clauses (i) and (ii), (iv) the maintenance of its existence and legal, tax and accounting matters in connection with any activity otherwise expressly permitted hereunder and (v) non-consensual obligations and Liens permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Archipelago Learning, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersAcquired Business and the Loan Parties, (ii) obligations under the Loan Documents and the Senior Subordinated Note Documents and Documents, (iii) activities and properties incidental to the foregoing clauses (i) and (ii)) and (iv) activities permitted by Section 6.22.

Appears in 1 contract

Samples: Credit Agreement (SGS International, Inc.)

Business. (a) With respect to Holdings, engage in any business activities or have any properties or liabilities, other than (i) its ownership of the Equity Interests of the BorrowersCompany and Wyndcrest UK, (ii) obligations under the Loan Documents Financing Documents, Foundry Seller Notes and the Senior Note Foundry Acquisition Documents and (iii) activities and properties incidental to the foregoing clauses (i) and (ii).

Appears in 1 contract

Samples: Purchase Agreement (Digital Domain)

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