Continuation of Current Business Sample Clauses

Continuation of Current Business. Not engage in any business other than the business now being conducted by the Borrower (including its Consolidated Entities) and other businesses directly related to such services.
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Continuation of Current Business. Neither the Borrowers nor -------------------------------- any Consolidated Entity will engage in any business other than the business now being conducted by it or other business reasonably ancillary thereto.
Sample 1Sample 2Sample 3See All (4)
Continuation of Current Business. The Borrower will not, and will cause the Subsidiaries not to, engage in any business other than the business now being conducted by the Borrower and the Subsidiaries and other businesses directly related or complementary to such services.
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Continuation of Current Business. Neither the Borrowers nor any other Consolidated Entity will change its primary business of providing health care subrogation and other recovery services under contract. Notwithstanding the foregoing, nothing contained in this Section 6.10 shall prohibit the Borrowers or any Consolidated Entity from acquiring any health care business so long as, after giving effect to such Acquisition, not less than 90% of the net operating revenues of the Borrowers and the Consolidated Entities on a consolidated basis can reasonably be expected to be derived from providing health care subrogation and recovery services.
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Continuation of Current Business. Not engage in any business other than the business now being conducted by it and other businesses directly related thereto.
Sample 1Sample 2
Continuation of Current Business. The Borrower will not engage in any business other than the restaurant business and substantially related businesses.
Sample 1Sample 2
Continuation of Current Business. Neither the Borrowers nor any Consolidated Entity will engage in any business other than the business now being conducted by it and other businesses reasonably complimentary to the sale and distribution (retail and wholesale) of books, magazines and other periodicals.
Sample 1
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Continuation of Current Business. Change its primary business ("Line of Business") of managing hospitals under contract, providing consulting and support services to hospitals, owning and operating acute care hospitals and related or supporting facilities and businesses and nursing homes and providing in-patient and out-patient services, including, without limitation, services provided through home health agencies, surgery centers, diagnostic centers and physicians offices.
Sample 1
Continuation of Current Business. Neither the Borrower nor any Consolidated Entity will (i) engage in any business other than the business now being conducted by it and other businesses directly related to providing rehabilitation services (including outpatient surgery, diagnostic services and management of physician practices) or orthopedic surgery related acute care similar in operation (but not in scope) to the HEALTHSOUTH Medical Center Facility or (ii) acquire or attempt to acquire any person who is opposed to such acquisition.
Sample 1

Related to Continuation of Current Business

  • Continuation of Business Neither the Transfer of any Partnership Interest pursuant to Article 8 hereof nor the bankruptcy or withdrawal of a Partner shall cause the dissolution or termination of the Partnership or have any effect upon the continuance of the Partnership business. No Partner shall have a right to withdraw from the Partnership or to abandon any Partnership Interest.

  • Continuation of Company In the event of an occurrence described in Section 1.04(c), if there is at least one remaining Member, the remaining Member has the right to continue the business of the Company. The remaining Member’s successor, assignee, or transferee may continue the business of the Company, provided the successor, assignee, or transferee consents to the continuation in writing and submits any necessary filings to the office of the Secretary of State.

  • Continuation of or Change in Business Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary thereto.

  • Continuation of Agreement This Agreement shall become effective for each Fund as of the date first set forth above and shall continue in effect for each Fund until August 1, 2010, unless sooner terminated as hereinafter provided, and shall continue in effect from year to year thereafter for each Fund only as long as such continuance is specifically approved at least annually (i) by either the Board of Directors or by the vote of a majority of the outstanding voting securities of such Fund, and (ii) by the vote of a majority of the Directors, who are not parties to the Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. The annual approvals provided for herein shall be effective to continue this Agreement from year to year if given within a period beginning not more than 90 days prior to August 1st of each applicable year, notwithstanding the fact that more than 365 days may have elapsed since the date on which such approval was last given.

  • Continuation of Banking Business For the period commencing the first banking Business Day after Bank Closing and ending no earlier than the first anniversary of Bank Closing, the Assuming Institution will provide full service banking in the trade area of the Failed Bank. Thereafter, the Assuming Institution may cease providing such banking services in the trade area of the Failed Bank, provided the Assuming Institution has received all necessary regulatory approvals. At the option of the Assuming Institution, such banking services may be provided at any or all of the Bank Premises, or at other premises within such trade area. The trade area shall be determined by the Receiver. For the avoidance of doubt, the foregoing shall not restrict the Assuming Institution from opening, closing or selling branches upon receipt of the necessary regulatory approvals, if the Assuming Institution or its successors continue to provide banking services in the trade area. Assuming Institution will pay to the Receiver, upon the sale of a branch or branches within the year following the date of this agreement, fifty percent (50%) of any franchise premium in excess of the franchise premium paid by the Assuming Institution with respect to such branch or branches.

  • Continuation of Services The Contractor shall work with the current Subcontractor prior to cancellation date to ensure all consumer needs are identified and appropriate placements and transportation needs, as applicable, have been arranged. The Subcontractor shall maintain communication with the Contractor on the process of transferring consumers until all consumers are placed.

  • Conversion and Continuation of Borrowings The Borrower shall have the right at any time upon prior irrevocable notice to the Administrative Agent (a) not later than 12:00 (noon), New York City time, one Business Day prior to conversion, to convert any Eurodollar Borrowing into an ABR Borrowing, (b) not later than 12:00 (noon), New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing into a Eurodollar Borrowing or to continue any Eurodollar Borrowing as a Eurodollar Borrowing for an additional Interest Period, and (c) not later than 12:00 (noon), New York City time, three Business Days prior to conversion, to convert the Interest Period with respect to any Eurodollar Borrowing to another permissible Interest Period, subject in each case to the following:

  • Formation and Continuation (a) The Company was formed upon the issuance by the Secretary of State of the Certificate for the Company. This Agreement shall be effective at the time of such filing. Xxxxxxxx X. Xxxxxx is hereby designated as an authorized person, within the meaning of the Act, to execute, deliver and file such certificate of formation, and any action taken prior to the execution of this Agreement in connection therewith by any such person is hereby ratified and confirmed. In addition, Xxxxxx Xxx is designated as an authorized person within the meaning of the Act. The Management Directors may designate any person to be an authorized person, within the meaning of the Act.

  • Conversion and Continuation of Loans The Lead Borrower on behalf of the Borrowers shall have the right at any time,

  • Conversion and Continuation of Revolving Loans The Borrower shall have the right, subject to the terms and conditions of this Agreement, to (i) Convert all or a portion of the outstanding principal amount of Loans of one Type made to it into a Borrowing or Borrowings of another Type of Loans that can be made to it pursuant to this Agreement and (ii) Continue a Borrowing of Eurodollar Loans at the end of the applicable Interest Period as a new Borrowing of Eurodollar Loans with a new Interest Period; provided, however, that any Conversion of Eurodollar Loans into Base Rate Loans shall be made on, and only on, the last day of an Interest Period for such Eurodollar Loans.

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