Common use of Limitation on Business Activities Clause in Contracts

Limitation on Business Activities. The Issuer will not, and will not permit any Restricted Subsidiary to, engage in any business other than a Permitted Business.

Appears in 5 contracts

Samples: Indenture (Jack Cooper Holdings Corp.), Indenture (Jack Cooper Logistics, LLC), Schulman a Inc

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Limitation on Business Activities. The Issuer will shall not, and will shall not permit any Restricted Subsidiary of its Subsidiaries to, engage in any business other than a Permitted BusinessBusinesses.

Appears in 4 contracts

Samples: Deposit Agreement (Marconi Corp PLC), Deposit Agreement (Marconi Corp PLC), Deposit Agreement (Marconi Corp PLC)

Limitation on Business Activities. The Issuer will not, and will not permit any Restricted Subsidiary to, engage in any business other than a Permitted Business, except to the extent as would not be material to the Company and its Restricted Subsidiaries, taken as a whole.

Appears in 3 contracts

Samples: Salem Media Group, Inc. /De/, Salem Media Group, Inc. /De/, Indenture (Salem Communications Corp /De/)

Limitation on Business Activities. The Issuer will shall not, and will shall not permit any of its Restricted Subsidiary Subsidiaries to, engage in any business other than a Permitted Business.

Appears in 3 contracts

Samples: Indenture (Aventine Renewable Energy Holdings Inc), Verasun Energy Corp, Security Agreement (Verasun Energy Corp)

Limitation on Business Activities. The Issuer will not, and the Issuer will not permit any Restricted Subsidiary to, engage in any business other than a Permitted Business, except to such extent as would not be material to the Issuer and its Restricted Subsidiaries, taken as a whole.

Appears in 2 contracts

Samples: Indenture (FTS International, Inc.), Indenture (FTS International, Inc.)

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Limitation on Business Activities. The Issuer will shall not, and will shall not permit any of its Restricted Subsidiary Subsidiaries to, engage in any line of business other than a Permitted Business.

Appears in 2 contracts

Samples: Trust Indenture, Trust Indenture

Limitation on Business Activities. The Issuer will not, and will not permit any Restricted Subsidiary to, engage in any business other than a Permitted Business, except to the extent as would not be material to the Company and its Restricted Subsidiaries, taken as a whole (as determined by the Issuer’s Board of Directors).

Appears in 1 contract

Samples: Indenture (Ascent Capital Group, Inc.)

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