Sole Business. Puerto Rico is and shall be the only jurisdiction in which the Company owns real property or conducts business and the sole business conducted by the Company at any time is and shall be the development and operation of the Project as a first class destination resort.
Appears in 2 contracts
Samples: Credit and Reimbursement Agreement (WMS Hotel Corp), Credit and Reimbursement Agreement (El Conquistador Partnership Lp)
Sole Business. Puerto Rico is and shall be the only jurisdiction in which the Company owns real property or conducts business and the sole sole. business conducted by the Company at any time is and shall be the development and operation of the Project as a first class destination resortProject.
Appears in 2 contracts
Samples: Letter of Credit and Reimbursement Agreement (Maxxam Inc), Letter of Credit and Reimbursement Agreement (Maxxam Inc)
