Common use of LIMITED ACTIVITIES Clause in Contracts

LIMITED ACTIVITIES. Without limiting any provision of this Agreement or any other Loan Document (including this Article VII), no Loan Party shall, nor shall it permit any of its Subsidiaries to, engage in any activities other than (i) in the case of the Borrower, those provided in Section 4 of the Borrower Trust Agreement, (ii) in the case of RPIFT, those provided in Section 2.03 of the RPIFT Trust Agreement, (iii) in the case RPCT, those provided in Section 2.03 of the RPCT Trust Agreement, and (iv) in the case of LuxCo 2, LuxCo 3 and BidCo, those provided in or permitted under the Loan Documents, the Offer Documents and those necessary, advisable or desirable to accomplish the Reorganization. The purposes and powers of the Borrower as provided in the Borrower Trust Agreement, RPIFT as provided in the RPIFT Trust Agreement and RPCT as provided in Section 2.03 of the RPCT Trust Agreement, shall in each case not be amended or modified without the prior written consent of the Administrative Agent.

Appears in 4 contracts

Samples: Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD), Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD), Senior Secured Bridge Credit Agreement (Echo Pharma Acquisition LTD)

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LIMITED ACTIVITIES. Without limiting any provision of this Agreement or any other Loan Document (including this Article VII), no Loan Party shall, nor shall it permit any of its Subsidiaries to, engage in any activities other than (i) in the case of the Borrower, those provided in Section 4 of the Borrower Trust Agreement, (ii) in the case of RPIFT, those provided in Section 2.03 of the RPIFT Trust Agreement, (iii) in the case RPCT, those provided in Section 2.03 of the RPCT Trust Agreement, (ii) in the case of the Borrower, those provided in Section 2.03 of the Borrower Trust Agreement, and (iviii) in the case of LuxCo 2, LuxCo 3 and BidCo, those provided in or permitted under the Loan Documents, the Offer Documents and those necessary, advisable or desirable to accomplish the Reorganization. The purposes and powers of the Borrower as provided in the Borrower Trust Agreement, RPIFT as provided in the RPIFT Trust Agreement and RPCT as provided in Section 2.03 of the RPCT Trust Agreement and the Borrower as provided in the Borrower Trust Agreement, shall in each case not be amended or modified without the prior written consent of the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD), Credit Agreement (Echo Pharma Acquisition LTD)

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LIMITED ACTIVITIES. Without limiting any provision of this Agreement or any other Loan Document (including this Article VII), no Loan Party shall, nor shall it permit any of its Subsidiaries to, engage in any activities other than (i) in the case of the Borrower, those provided in Section 4 of the Borrower Trust Agreement, (ii) in the case of RPIFT, those provided in Section 2.03 of the RPIFT Trust Agreement, (iii) in the case RPCT, those provided in Section 2.03 of the RPCT Trust Agreement, (ii) in the case of the Borrower, those provided in Section 2.03 of the Borrower Trust Agreement, and (iviii) in the case of LuxCo 2, LuxCo 3 and BidCo, those provided in or permitted under the Loan Documents, the Offer Documents and those necessary, advisable or desirable to accomplish the Reorganization. The purposes and powers of the Borrower as provided in the Borrower Trust Agreement, RPIFT as provided in the RPIFT Trust Agreement and RPCT as provided in Section 2.03 of the - 80 - RPCT Trust Agreement and the Borrower as provided in the Borrower Trust Agreement, shall in each case not be amended or modified without the prior written consent of the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Echo Pharma Acquisition LTD)

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