Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the Borrower, the performance of the Loan Documents and any transactions that Holdings is permitted to enter into or consummate under this Article VII or (ii) incur any Indebtedness other than Indebtedness permitted pursuant to Section 7.03(c); or
Appears in 3 contracts
Samples: Credit Agreement (Michael Foods Inc/New), Credit Agreement (Michael Foods Inc/New), Credit Agreement (Minnesota Products Inc)
Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the U.S. Borrower, the performance of the Loan Documents and any transactions that Holdings is permitted to enter into or consummate under this Article VII or (ii) incur any Indebtedness other than Indebtedness permitted pursuant to Section 7.03(c); or;
Appears in 2 contracts
Samples: Credit Agreement (Nortek Inc), Credit Agreement (Nortek Inc)
Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the BorrowerCompany, the performance of the Loan Documents Documents, the Purchase Agreement and the other agreements contemplated by the Purchase Agreement and any transactions that Holdings is permitted to enter into or consummate under this Article VII 7 or (ii) incur any Indebtedness other than Indebtedness permitted pursuant to Section 7.03(c); or.
Appears in 2 contracts
Samples: Credit Agreement (LCE AcquisitionSub, Inc.), Credit Agreement (UGS PLM Solutions Asia/Pacific INC)
Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the Borrower, the performance of the Loan Documents and any transactions that Holdings is permitted to enter into or consummate under this Article VII or (ii) incur any Indebtedness other than Indebtedness permitted pursuant to Section 7.03(c); orVII.
Appears in 1 contract
Samples: Lien Credit Agreement (Solo Cup CO)
Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the BorrowerBorrowers, the performance of the Loan Documents and the Related Documents and any transactions that Holdings is permitted to enter into or consummate under this Article VII or (ii) incur any Indebtedness other than Indebtedness permitted pursuant to Section 7.03(c); orVII.
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Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the BorrowerCompany, the performance of the Loan Documents Documents, the Acquisition Agreement and the other agreements contemplated by the Acquisition Agreement and any transactions that Holdings is permitted to enter into or consummate under this Article VII 7 or (ii) incur any Indebtedness other than Indebtedness permitted pursuant to Section 7.03(c); or
Appears in 1 contract
Samples: Credit Agreement (LEM America, Inc)
Holding Company. (a) In the case of Holdings, (i) conduct, transact or otherwise engage in any business or operations other than those incidental to its ownership of the Equity Interests of the Borrower, the performance of the Loan Documents and any transactions that Holdings is permitted to enter into or consummate under this Article VII or (ii) incur any Indebtedness other than Permitted Holdco Debt, and Indebtedness otherwise permitted pursuant to Section 7.03(c)by clause (c) of the definition of Permitted Debt; or
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