Common use of Conduct of Business; Subsidiaries; Acquisitions Clause in Contracts

Conduct of Business; Subsidiaries; Acquisitions. (i) Neither the Borrower nor any of its Subsidiaries shall engage in any business other than the businesses engaged in by the Borrower on the date hereof and any business or activities which are substantially similar, related or incidental thereto.

Appears in 6 contracts

Samples: Credit Agreement (Metals Usa Inc), Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)

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Conduct of Business; Subsidiaries; Acquisitions. (i) Neither the Borrower nor any of its respective Subsidiaries shall engage in any business other than the businesses engaged in by the Borrower Borrowers and their Subsidiaries on the date hereof Closing Date and any business or activities which are substantially similar, related or incidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc), Credit Agreement (Marsh Supermarkets Inc)

Conduct of Business; Subsidiaries; Acquisitions. (i) Neither the Borrower nor any of its Subsidiaries shall engage in any business other than the businesses engaged in by the Borrower and such Subsidiaries on the date hereof and any business or activities which are substantially similar, related or incidental thereto.

Appears in 2 contracts

Samples: Security Agreement (Asbury Automotive Group Inc), Credit Agreement (Asbury Automotive Group Inc)

Conduct of Business; Subsidiaries; Acquisitions. (i) Neither the Borrower nor any of its Restricted Subsidiaries shall engage in any business other than the businesses engaged in by the Borrower on the date hereof and any business or activities which are substantially similar, related or incidental thereto.

Appears in 2 contracts

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

Conduct of Business; Subsidiaries; Acquisitions. (i) Neither the Borrower Borrowers nor any of its their Subsidiaries shall engage in any business other than the businesses engaged in by the Borrower Borrowers on the date hereof Closing Date and any business or activities which are substantially similar, related or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Finish Line Inc /In/)

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Conduct of Business; Subsidiaries; Acquisitions. (ia) Neither the Borrower nor any of its Subsidiaries shall engage in any business other than the businesses engaged in by the Borrower on the date hereof hereof, those business engaged in by the entities acquired in Acquisitions approved in writing by Bank, and any business or activities which are substantially similar, related or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Bioanalytical Systems Inc)

Conduct of Business; Subsidiaries; Acquisitions. (i) Neither ----------------------------------------------- the Borrower nor any of its Subsidiaries shall may engage in any business other than the businesses engaged in by the Borrower and Guarantor on the date hereof and any business or activities which are substantially similar, related or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Firstamerica Automotive Inc /De/)

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