Common use of Permitted Business Clause in Contracts

Permitted Business. The Company shall not, and shall procure that no Subsidiary shall, engage in any business other than a Permitted Business.

Appears in 2 contracts

Samples: Note Purchase Agreement (Youbet Com Inc), Note Purchase Agreement (Youbet Com Inc)

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Permitted Business. The Company shall not, and shall procure that no not permit any Subsidiary shallto, engage in any business other than a Permitted Business, except to such extent as would not be material to the Company and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Kingstone Companies, Inc.

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Permitted Business. The Company shall not, and shall procure that no not permit any Restricted Subsidiary shallto, engage in any business other than a Permitted Business, except to the extent it is not material to the Company and its Restricted Subsidiaries, taken as a whole.

Appears in 1 contract

Samples: Buffets Holdings, Inc.

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