Current Business Clause Samples

Current Business. The VL Group operates businesses in the cable and telecommunications industry, including on-line internet services, telephony, and the sale and rental of videocassettes, or anything related or ancillary thereto
Current Business. Except as set forth on Schedule 5.22, no member of the TexStar Group has engaged in any material business activity other than the TexStar Business.
Current Business. The Company shall, and shall cause its Subsidiaries to, continue to engage in the Permitted Business substantially carried on by it and shall not engage in any other line of business other than the Permitted Business.
Current Business. Borrower shall continue to carry on ---------------- and shall not change its current business subject to the terms and conditions contained in the Loan Agreement.
Current Business. Except as set forth on Schedule 7.22, no member of the SXE Group has engaged in any material business activity other than the SXE Business.
Current Business. The Company is currently engaged in the business of providing a range of services including consultancy and facilitation services, the Operationalization Services as set out in Schedule 11 herein to various entities, including to those entities providing financial services in India and other territories, to inter alia expand their credit eligibility parameters, portfolio of assets and product offerings, thereby ensuring reliable and steady access to credit to unserved/new-to-credit borrowers. In furtherance of the same, the Company has executed the MSDF Service Agreement with MSDF and shall enter into the Guarantee Management Services Agreement with Northern Arc and the Omidyar Guarantee Arrangement with Omidyar and the Omidyar Third Party Guarantor. Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Date: Fri Sep 24 22:19:02 IST 2021 Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ Date: Fri Sep 24 20:26:39 IST 2021 Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) ▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ Date: Fri Sep 24 20:26:39 IST 2021 Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Date: Mon Sep 27 13:51:22 IST Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) ▇▇▇▇▇ ▇▇▇▇▇ Date: Fri Sep 24 20:31:49 IST Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) BV Narasimham Date: Sat Sep 25 12:54:12 IST 2021 Authenticated through ▇▇▇▇▇▇▇▇▇.▇▇▇ (nVVKkrT) ▇▇▇▇▇▇▇ ▇▇▇ 13 Date: Wed Sep 29 11:12:06 IST 2021
Current Business. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or reasonably related thereto, including activities for which a small business investment company is prohibited from providing funds under 13 C.F.R. §107.720.
Current Business. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or reasonably related thereto.
Current Business. On the Termination Date, in consideration of the purchase and sale of (i) Distributor’s current service contracts for the Products (“Sonastar Contracts”), customer list and customers currently evaluating the Products all with respect to the sale and servicing of the Products (the “Customer List”) and (ii) the Sale Rights, Misonix shall pay Distributor $800,000 (the “Current Business Amount”) by wire transfer of immediately available funds and pursuant to written wire transfer instructions delivered by Distributor to Misonix. Misonix shall assume all rights, responsibilities and obligations pursuant to and under the (i) Sonastar Contracts and Customer List and (ii) the Sale Rights, including without limitation, the sale of accessory Products and servicing and training of the Products to the customers with Sonastar Contracts (the “Sonastar Customers”). A list of the (i) Sonastar Contracts, (ii) the Customer List and (iii) sales history setting forth the location of all Sonastar systems and the prices paid by each customer for disposable Products is attached as Exhibit 1 hereto. Distributor will provide Misonix with true and complete copies of all Sonastar Contracts promptly after the execution of this Termination Agreement.
Current Business. Purchaser is a newly-formed corporation with no operating history and no losses or material liabilities of whatever type or description as of the Closing Date other than liabilities under or pursuant to this Agreement or the other writings referenced herein.