No Other Activities Sample Clauses
The "No Other Activities" clause restricts a party from engaging in activities outside the scope of the agreement or contract. Typically, this means that the party cannot perform services, enter into business relationships, or undertake projects that are not expressly permitted by the contract, often to prevent conflicts of interest or dilution of focus. This clause ensures that the party remains dedicated to the agreed-upon obligations and helps prevent unauthorized or competing activities that could undermine the purpose of the agreement.
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No Other Activities. The Issuer will not engage in any activities other than financing, acquiring, owning and pledging the 2014-B Collateral in the manner contemplated by the 2014-B Basic Documents and activities incidental to those activities.
No Other Activities. The Owner Trust has not engaged in any ------------------- business or activities other than those contemplated by the Operative Documents and the U.K. Documents and activities incidental thereto.
No Other Activities. The Issuer will not engage in activities other than financing, acquiring, owning and pledging the Trust Property as described in the Transaction Documents and activities incidental to those activities.
No Other Activities. 20 SECTION 3.13
No Other Activities. 30 Section 3.13
No Other Activities. The Issuer will not engage in any activities other than financing, acquiring, owning and pledging the Receivables in the manner contemplated by the Basic Documents and activities incidental thereto.
No Other Activities. Employer agrees that during the term of this Agreement, he shall not, directly or indirectly, represent or otherwise engage in or participate in, the business or ventures of any person, firm, partnership, association, or corporation other than the Company, without first obtaining the written consent of the Company. Employee further agrees that during the term of this Agreement, he shall not, directly or indirectly, solicit or attempt to solicit any products or agreements for the purpose of using the products or agreements in the formation of a business outside of the Company, regardless of whether any such products or the subject of such agreements are then being handled by the Company.
No Other Activities. Neither Borrower will engage in activities other than financing, acquiring, owning and pledging the Borrower Collateral as described in the Basic Documents and activities incidental to those activities.
No Other Activities. The Lease Trust shall not engage in any activities other than financing, acquiring, owning, leasing (subject to the lien of this Indenture), pledging and managing the Series 1996-1 Certificates in the manner contemplated by this Indenture and the other Basic Documents and activities incidental thereto.
No Other Activities. Each of ParentCo, Merger Sub Corp and Merger Sub LLC (i) were formed solely for the purpose of the Transactions, (ii) have not conducted any business or engaged in any activities other than those directly related to the Transactions, (iii) have no liabilities, and (iv) are not a party to any Contract other than their respective Organizational Documents and this Agreement.