Related Businesses. During the Employment Term, the Executive agrees that, to the extent he has been notified of an opportunity to acquire or make an investment in any business (including, without limitation, a Competitive Business) related or complementary to the Business of the Company (a “Potential Investment”), he shall inform the Board of such Potential Investment promptly upon receiving notice thereof and provide the Company with the first opportunity to participate in such Potential Investment.
Related Businesses. Solovision and Sorrento are the sole entities that have been engaged in any aspect of the optical business during 1997 and that are directly or indirectly affiliated with, related to, controlled by or under common control with, or that directly or indirectly controls, Solovision, Sorrento, Ovadia or any of the Shareholders.
Related Businesses. As of the Second Restatement Effective Date, Borrowers are primarily engaged in the business of producing value-added and standard-grade primary aluminum products, bauxite mining, and alumina refining and businesses and activities related thereto.
Related Businesses. As of the Closing Date, the Loan Parties are engaged in the business of providing businesses with one-step management programs to reuse, recycle and dispose of a wide variety of waste streams and recyclables generated by their business. These operations require financing on a basis such that the credit supplied can be made available from time to time to the Loan Parties, as required for the continued successful operation of the Loan Parties taken as a whole. Each Loan Party and each Subsidiary of each Loan Party expects to derive benefit (and the board of directors or equivalent governing body of each Loan Party and each Subsidiary of each Loan Party has determined that such Loan Party or Subsidiary may reasonably be expected to derive benefit), directly or indirectly, from a portion of the credit extended by Lenders hereunder, both in its separate capacity and as a member of the group of companies, since the successful operation and condition of each Loan Party and each Subsidiary of each Loan Party is dependent on the continued successful performance of the functions of the group as a whole. Each Loan Party acknowledges that, but for the agreement of each of the other Loan Parties to execute and deliver this Agreement, Administrative Agent and Lenders would not have made available the credit facilities established hereby on the terms set forth herein.
Related Businesses. Co-Borrowers are engaged in the businesses of the manufacture and distribution of plastic pipe as of the Closing Date, as well as in certain other businesses. These operations require financing on a basis such that the credit supplied can be made available from time to time to Co-Borrowers, as required for the continued successful operation of Co-Borrowers taken as a whole. Co-Borrowers have requested the Lenders to make credit available hereunder primarily for the purposes set forth in subsection 1.1.3 and generally for the purposes of financing the operations of Co-Borrowers. Each Co-Borrower and each Subsidiary of each Co-Borrower expects to derive benefit (and the Board of Directors of each Co-Borrower and each Subsidiary of each Co-Borrower has determined that such Co-Borrower or Subsidiary may reasonably be expected to derive benefit), directly or indirectly, from a portion of the credit extended by Lenders hereunder, both in its separate capacity and as a member of the group of companies, since the successful operation and condition of each Co-Borrower and each Subsidiary of each Co-Borrower is dependent on the continued successful performance of the functions of the group as a whole. Each Co-Borrower acknowledges that, but for the agreement of each of the other Co-Borrowers to execute and deliver this Agreement, Agent and Lenders would not have made available the credit facilities established hereby on the terms set forth herein.
Related Businesses. Borrowers are engaged in the businesses of developing culturally responsive instructional materials and customized education programs for use in urban markets as of the Closing Date, as well as in certain other businesses. These operations require financing on a basis such that the credit supplied can be made available from time to time to Borrowers, as required for the continued successful operation of Borrowers taken as a whole. Borrowers have requested the Lenders to make credit available hereunder primarily for the purposes of Section 1.1.3 and generally for the purposes of financing the operations of Borrowers. Each Borrower and each Subsidiary of each Borrower expects to derive benefit (and the Board of Directors of each Borrower and each Subsidiary of each Borrower has determined that such Borrower or Subsidiary may reasonably be expected to derive benefit), directly or indirectly, from a portion of the credit extended by Lenders hereunder, both in its separate capacity and as a member of the group of companies, since the successful operation and condition of each Borrower and each Subsidiary of each Borrower is dependent on the continued successful performance of the functions of the group as a whole. Each Borrower acknowledges that, but for the agreement of each of the other Borrowers to execute and deliver this Agreement, Agent and Lenders would not have made available the credit facilities established hereby on the terms set forth herein.
Related Businesses. As of the Closing Date, Borrowers are primarily engaged in the business of producing value-added and standard-grade primary aluminum products, bauxite mining, and alumina refining and businesses and activities related thereto.
Related Businesses. Except as disclosed on Schedule 5.17 of the Disclosure Schedule, no shareholder or key employee of Seller is presently an owner, shareholder, creditor, director, agent, consultant or employee of any business entity engaged in a business that acts as a supplier of any goods or services to Seller or any part of which is in actual or potential competition with Seller.
Related Businesses. 7.1.27 Margin Regulations
Related Businesses. As of the Closing Date, Credit Parties are engaged in the businesses of renting general and specialty equipment to industrial and construction end-users, as well as selling used equipment and complementary parts, supplies and merchandise and providing repair and maintenance services to their customers. Borrower has requested the Lenders to make credit available hereunder for the purposes set forth in subsection 1.1.2. Each Credit Party and each Subsidiary of each Credit Party expects to derive benefit (and the Board of Directors of each Credit Party and each Subsidiary of each Credit Party has determined that such Credit Party or Subsidiary may reasonably be expected to derive benefit), directly or indirectly, from the credit extended by Lenders hereunder to Borrower, both in its separate capacity and as a member of the group of companies, since the successful operation and condition of each Credit Party and each Subsidiary of each Credit Party is dependent on the continued successful performance of the functions of the group as a whole. Each Credit Party acknowledges that, but for the agreement of each of the other Credit Parties to execute and deliver this Agreement, Administrative Agent and Lenders would not have made available the credit facilities established hereby on the terms set forth herein.
