Common use of Other Business Clause in Contracts

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 19 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

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Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, ; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Transaction Documents) ; or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 15 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit) or bankers’ acceptances other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Subordinated Notes or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 15 contracts

Samples: Receivables Financing Agreement (Waystar Holding Corp.), Receivables Financing Agreement (OLIN Corp), Receivables Financing Agreement (TGPX Holdings I LLC)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit (excluding, for the avoidance of doubt, Letters of Credit issued hereunder) or bankers’ acceptances other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Subordinated Notes or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 9 contracts

Samples: Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (Ingersoll Rand Inc.)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, ; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Transaction Documents) ; or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 8 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances) other than pursuant to this Agreement or any the other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Transaction Documents or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 7 contracts

Samples: Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Exact Sciences Corp)

Other Business. The Borrower will not (i) engage in any business other than (A) entering into and performing its obligations under the transactions Transaction Documents and other activities contemplated by the Basic Transaction Documents, (B) the acquisition, ownership and management of the Collateral and (C) the sale of Loans as permitted hereunder, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Agreement, or (iii) form any Subsidiary or make any Investments Investment in any other PersonPerson except as permitted hereunder.

Appears in 6 contracts

Samples: Loan and Security Agreement (FS Investment Corp IV), Loan and Security Agreement (KKR FS Income Trust), Loan and Security Agreement (FS KKR Capital Corp)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, ; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Transaction Documents) ; or (iii) form any Subsidiary or make any Investments in any other PersonPerson without the prior written consent of each Lender.

Appears in 6 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Subordinated Notes or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 4 contracts

Samples: Receivables Financing Agreement (PRA Health Sciences, Inc.), Receivables Financing Agreement (PRA Health Sciences, Inc.), Financing Agreement (PRA Health Sciences, Inc.)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, ; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Transaction Documents) ; or (iii) form any Subsidiary or make any Investments in any other PersonPerson without the prior written consent of the Deal Agent.

Appears in 4 contracts

Samples: Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp), Loan and Security Agreement (Credit Acceptance Corp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic DocumentsTransaction Documents or reasonable extensions thereof, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to or permitted by this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic other Transaction Documents) , or (iii) form any Subsidiary or make any Investments Investment in any other PersonPerson (other than Permitted Investments).

Appears in 4 contracts

Samples: Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.), Credit Agreement (CLST Holdings, Inc.)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit (excluding, for the avoidance of doubt, Letters of Credit issued hereunder)) or bankers’ acceptances other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Subordinated Notes or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 3 contracts

Samples: Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (BrightView Holdings, Inc.), Receivables Financing Agreement (Davey Tree Expert Co)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit (excluding, for the avoidance of doubt, Letters of Credit issued hereunder) or bankers’ acceptances other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Subordinated Notes or (iii) form any Subsidiary or make any Investments investments in any Person other Personthan Parent.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Alliance Holdings GP, L.P.), Receivables Financing Agreement (Alliance Holdings GP, L.P.), Receivables Financing Agreement (Alliance Resource Partners Lp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to or permitted by this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic other Transaction Documents) , or (iii) except as permitted pursuant to Section 4.1(r), form any Subsidiary or make any Investments Investment in any other Person.

Appears in 3 contracts

Samples: Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.), Revolving Credit Agreement (NewStar Financial, Inc.)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Intercompany Loan Agreement or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 3 contracts

Samples: Receivables Financing Agreement (Compass Minerals International Inc), Receivables Financing Agreement (Owens & Minor Inc/Va/), Receivables Financing Agreement (Compass Minerals International Inc)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any other Basic Document (excluding any incidental expenses incurred Hedging Agreement required by the Borrower in connection with the performance of its obligations under the Basic Documents) Section 5.3(a), or (iii) form any Subsidiary or make any Investments Investment in any other Person.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Ares Capital Corp), Sale and Servicing Agreement (Ares Capital Corp)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Documents, Transaction Documents to which it is a party; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Transaction Documents to which it is a party; or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 2 contracts

Samples: Loan and Security Agreement (Americredit Corp), Loan and Security Agreement (Americredit Corp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Agreement, or (iii) form any Subsidiary other than any REO Affiliate or make any Investments in any other Person.

Appears in 2 contracts

Samples: Secured Loan and Servicing Agreement (NewStar Financial, Inc.), Secured Loan and Servicing Agreement (NewStar Financial, Inc.)

Other Business. The Borrower will not (i) engage in any business or incur any obligation, liability or contingent obligations other than the transactions contemplated by the Basic Transaction Documents, the Master Participation Agreement and the organizational documents of the Borrower, (ii) incur any Indebtedness, obligation, liability or contingent obligation Indebtedness of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Agreement, or (iii) form any Subsidiary or make any Investment (other than Permitted Investments and the Loans contemplated herein) in any other Person.

Appears in 2 contracts

Samples: Loan and Servicing Agreement (Business Development Corp of America), Loan and Servicing Agreement (Franklin BSP Lending Corp)

Other Business. The Borrower will not not: (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, ; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Transaction Documents) ; or (iii) form any Subsidiary or make any Investments investments in any other PersonPerson without the prior written consent of each Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Credit Acceptance Corp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to or in connection with this Agreement or under any other Basic Document (excluding any incidental expenses incurred Hedging Agreement required by the Borrower in connection with the performance of its obligations under the Basic Documents) Section 6.03 or (iii) form any Subsidiary or make any Investments (other than Permitted Investments) in any other Person.

Appears in 1 contract

Samples: Warehouse Agreement (Flagship Credit Corp.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or (iii) form any Subsidiary or make any Investments in any other Person.Person (other than Permitted Investments). (c)

Appears in 1 contract

Samples: Credit Agreement (CURO Group Holdings Corp.)

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Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic DocumentsTransaction Documents and activities incidental thereto, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any other Basic Transaction Document (excluding including any incidental Hedging Agreement required by Section 5.3(a)), and other than any franchise fees, taxes or other expenses incurred by the Borrower in connection with the performance ordinary course of its obligations under the Basic Documents) business or (iii) form any Subsidiary other than any REO Affiliate or make any Investments in any other Person.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Borrower Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Borrower Basic Documents) or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement and the other Transaction Documents or under any other Basic Document (excluding any incidental expenses incurred Hedge Agreement required by the Borrower in connection with the performance of its obligations under the Basic Documents) Section 5.3(a), or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Note Purchase Agreement (NewStar Financial, Inc.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any other Basic Document (excluding any incidental expenses incurred Hedging Agreement required by the Borrower in connection with the performance of its obligations under the Basic Documents) Section 6.03 or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Credit Agreement (Santander Holdings USA, Inc.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or (iii) form any Subsidiary or make any Investments in any other PersonPerson (other than Permitted Investments).

Appears in 1 contract

Samples: Credit Agreement (CURO Group Holdings Corp.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to or permitted by this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic other Transaction Documents) , or (iii) form any Subsidiary or make any Investments Investment in any other PersonPerson (other than Permitted Investments).

Appears in 1 contract

Samples: Revolving Credit Agreement (Sparta Commercial Services, Inc.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or (iii) form any Subsidiary or make any Investments in any other Person.Person (other than Permitted Investments). Signature Page to Credit Agreement (Heights/SouthernCo)

Appears in 1 contract

Samples: Credit Agreement (CURO Group Holdings Corp.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic DocumentsTransaction Documents or incidental or ancillary thereto, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to or permitted by this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Agreement, or (iii) form any Subsidiary or make any Investments Investment in any other PersonPerson (other than any equity or other securities retained pursuant to Section 6.5).

Appears in 1 contract

Samples: Credit Agreement (Golub Capital BDC, Inc.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Agreement, or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Loan and Servicing Agreement (NewStar Financial, Inc.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) Transaction Documents or (iii) form any Subsidiary or make any Investments in any other PersonPerson other than pursuant to the Transaction Documents.

Appears in 1 contract

Samples: Credit Agreement (Santander Holdings USA, Inc.)

Other Business. The Borrower will not (i) engage in any business other than (A) entering into and performing its obligations under the transactions Transaction Documents and other activities contemplated by the Basic Transaction Documents, (B) the acquisition, ownership and management of the Collateral and (C) the sale of Loans as permitted hereunder, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or (iii) form any Subsidiary or make any Investments Investment in any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (New Mountain Finance Corp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to or as contemplated by this Agreement, any Hedging Agreement required by Section 6.3 of the Purchase Agreement or any other Basic Transaction Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documentsforegoing documents) or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or (iii) have or form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Credit Agreement (Regional Management Corp.)

Other Business. The Borrower will not (i) engage in any business other than the transactions contemplated by the Basic Transaction Documents, (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement and the other Transaction Documents or under any other Basic Document (excluding any incidental expenses incurred Hedge Agreement required by the Borrower in connection with the performance of its obligations under the Basic Documents) Section 5.3(a), or (iii) form any Subsidiary or make any Investments (other than pursuant to an Equipment Loan) in any other Person.

Appears in 1 contract

Samples: Note Purchase Agreement (NewStar Financial, Inc.)

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