Common use of Business of Company Clause in Contracts

Business of Company. Notwithstanding any other provisions herein, the Company shall not engage at any time in any business or business activity other than: (a) ownership in Equity Interests of its direct Subsidiaries; provided that (i) the Company shall own no assets other than those assets owned by the Company on or prior to the Issue Date and cash and cash equivalents held on a temporary basis to the extent permitted under clause (b) below and (ii) the Company shall not xxxxx x Xxxx on any of its assets other than Liens created pursuant to the Note Documents and Liens permitted hereunder, (b) performance of its obligations under and in connection with the Note Document, including holding cash and Cash Equivalents on a temporary basis and making Restricted Payments permitted hereunder, (c) issuance of Capital Stock, (d) activities incidental to its operations as a publicly traded company, (e) as otherwise required by Law, and (f) any activities reasonably related to the activities set forth in clause (a) through (e) above.

Appears in 5 contracts

Samples: Fourth Supplemental Indenture (Rockley Photonics Holdings LTD), Supplemental Indenture (Rockley Photonics Holdings LTD), Rockley Photonics Holdings LTD

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