Common use of Limitation on Business Clause in Contracts

Limitation on Business. (a) The Borrower shall not engage in any activities other than (i) owning Equity Interests in Cornerstone and other Subsidiaries that own, operate or manage Healthcare Facilities, and financing activities and other activities reasonably related to such ownership and (ii)

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Kindred Healthcare, Inc), Term Loan Credit Agreement (Kindred Healthcare, Inc), Abl Credit Agreement (Kindred Healthcare, Inc)

AutoNDA by SimpleDocs

Limitation on Business. (a) The Borrower shall not engage in any activities other than (i) owning Equity Interests in Cornerstone and other Subsidiaries that own, operate or manage Healthcare Facilities, and financing activities and other activities reasonably related to such ownership and (ii)ownership.

Appears in 6 contracts

Samples: Abl Credit Agreement (Kindred Healthcare, Inc), Term Loan Credit Agreement (Kindred Healthcare, Inc), Amendment and Restatement Agreement (Kindred Healthcare, Inc)

AutoNDA by SimpleDocs

Limitation on Business. (a) The Borrower shall not engage in any activities other than (i) owning Equity Interests in Cornerstone and other Subsidiaries that own, operate or manage Healthcare Facilities, and financing activities and other activities reasonably related to such ownership and (ii)) Healthcare Related Businesses.

Appears in 1 contract

Samples: Abl Credit Agreement (Kindred Healthcare, Inc)

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