Common use of Continuation of Businesses Clause in Contracts

Continuation of Businesses. Engage in, or permit any of its Subsidiaries to engage in, any line of business which is material to Exelon and its Subsidiaries, taken as a whole, other than businesses engaged in by such Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof.

Appears in 6 contracts

Samples: Day Credit Agreement (Exelon Corp), Five Year Credit Agreement (Exelon Corp), Credit Agreement (Exelon Corp)

AutoNDA by SimpleDocs

Continuation of Businesses. Engage in, or permit any of its Subsidiaries to engage in, any material line of business which is material to Exelon and its Subsidiaries, taken as a whole, other than businesses engaged in by such Borrower and its Subsidiaries as of the date hereof and reasonable extensions thereof.

Appears in 1 contract

Samples: Day Credit Agreement (Peco Energy Co)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.