Permitted Line of Business definition

Permitted Line of Business as defined in Section 7.14(a).

Permitted Line of Business means, with respect to the specified Person, lines of business engaged in by such Person and its subsidiaries such that such Person and its subsidiaries, taken as a whole, are substantially engaged in businesses that generate revenue from energy-related activities and other activities incidental thereto.

Permitted Line of Business means a line of business in which the Borrower and the Subsidiaries are permitted to engage pursuant to Section 6.9.

Examples of Permitted Line of Business in a sentence

• The Borrower shall not engage in any business other than (a) the Permitted Line of Business and (b) such other lines of business which are reasonably related thereto or are reasonable extensions thereof or any business or activity that is reasonably similar thereto.

• GBHC shall not, and shall not permit any of its Subsidiaries to, own, manage or conduct any operation other than a Permitted Line of Business.

• No Loan Party shall, nor shall it permit any Subsidiary to, engage in any business other than a Permitted Line of Business.

• Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries on the date hereof or any business substantially related or incidental thereto or any Permitted Line of Business.

• Engage in any material line of business different from a Permitted Line of Business.

More Definitions of Permitted Line of Business

Permitted Line of Business means the business engaged in by Borrower as of the date of this Agreement, and businesses reasonably ancillary thereto.

Permitted Line of Business means businesses in substantially the same fields as the businesses conducted by the Loan Parties and their Subsidiaries on the Closing Date and business activities reasonably related, ancillary or complementary thereto.

Permitted Line of Business has the meaning set forth in Section -------------------------- ------- 8.11.

Permitted Line of Business means the casino gaming business and any business that is related to, ancillary or supportive of, connected with or arising out of the gaming business (including, without limitation, developing and operating lodging, dining, sports or entertainment facilities, transportation services, software development or other related activities or enterprises and any additions or improvements thereto).

Permitted Line of Business means the manufacturing, marketing and/or distribution of commercial or home furnishings and floor coverings and other reasonably related products and any "vertical integration" with respect thereto.

Permitted Line of Business means, with respect to a given Person, lines of business engaged in by such Person and its Subsidiaries such that such Person and its Subsidiaries, taken as a whole, are substantially engaged in business that (a) permits Partners to continue to be treated as a partnership under the Internal Revenue Code and (b) constitutes, or is related to, the business of storage, processing, marketing, terminaling, and/or transportation of natural gas, natural gas liquids, oil, or products thereof or related thereto.

Permitted Line of Business means any business related to those currently conducted by the Borrower and its Subsidiaries or businesses related to the communications or media businesses.