Common use of Limitation on Lines of Business Clause in Contracts

Limitation on Lines of Business. The Company shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly engage in any line or lines of business activity other than that which, in the reasonable, good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 4 contracts

Samples: Price Communications Corp, Price Communications Wireless Inc, Pricellular Wireless Corp

AutoNDA by SimpleDocs

Limitation on Lines of Business. The Company shall not, nor shall it permit any of its Restricted Subsidiaries to, engage directly or indirectly engage in any line or lines of business activity other than that which, in the reasonable, good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 3 contracts

Samples: Montgomery Cellular Telephone Co Inc, Price Communications Corp, Price Communications Corp

Limitation on Lines of Business. The Neither the Company shall not, nor shall it permit any of its Restricted Subsidiaries to, or Unrestricted Subsidiaries shall directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the CompanyDirectors, is a Related Business.

Appears in 3 contracts

Samples: Indenture (Terex Corp), Indenture (Terex Corp), Indenture (Amida Industries Inc)

Limitation on Lines of Business. The Neither the Company shall not, nor shall it permit any of its Restricted Subsidiaries to, will directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 3 contracts

Samples: Indenture (Liberty Group Publishing Inc), Indenture (Liberty Group Publishing Inc), Liberty Group Management Services Inc

Limitation on Lines of Business. The Neither the Company shall not, nor shall it permit any of its Restricted Subsidiaries to, or Unrestricted Subsidiaries shall directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment judgement of the Board of Directors of the CompanyDirectors, is a Related Business.

Appears in 2 contracts

Samples: Indenture (Terex Corp), Indenture (Terex Corp)

Limitation on Lines of Business. The Neither of the Company shall not, nor shall it permit any of its Restricted Subsidiaries to, shall directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 1 contract

Samples: Employee Solutions Inc

Limitation on Lines of Business. The Company shall not, nor and shall it not permit any of its Restricted Subsidiaries to, directly or indirectly indirectly, engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 1 contract

Samples: Indenture (Louisiana Casino Cruises Inc)

Limitation on Lines of Business. The Neither the Company shall not, nor shall it permit any of and its Restricted Subsidiaries to, shall directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 1 contract

Samples: Indenture (Urohealth Systems Inc)

AutoNDA by SimpleDocs

Limitation on Lines of Business. The Company and its Subsidiaries shall not, nor and shall it not permit any of its Restricted their Subsidiaries to, directly or indirectly indirectly, engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 1 contract

Samples: Indenture (Efm Programming Inc)

Limitation on Lines of Business. The Company shall not, nor shall it permit any of its Restricted Subsidiaries to, directly or indirectly engage in any line or lines of business activity business, other than that which, in the reasonable, good faith judgment of the Board of Directors of the Company, is a Related Business.

Appears in 1 contract

Samples: Advanstar Communications Inc

Limitation on Lines of Business. The Company shall not, nor and shall it not permit any of its Restricted Subsidiaries to, directly or indirectly engage to any material extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors Managers of the Company, is a Related Business.

Appears in 1 contract

Samples: Intercreditor Agreement (Peninsula Gaming Corp)

Limitation on Lines of Business. The Company shall not, nor and shall it not permit any of its Restricted Subsidiaries to, directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the Company, is a Related Business. The Company shall not permit the Designated Guarantors to own any material assets other than (i) the Shared Collateral and (ii) equipment encumbered by Liens contemplated by clause (h) of the definition of Permitted Liens.

Appears in 1 contract

Samples: Sports Club Co Inc

Limitation on Lines of Business. The Neither the Company shall not, nor shall it permit any of its Restricted Subsidiaries to, shall directly or indirectly engage to any substantial extent in any line or lines of business activity other than that which, in the reasonable, reasonable good faith judgment of the Board of Directors of the CompanyDirectors, is a Related Business.

Appears in 1 contract

Samples: Indenture (Wellman North America Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.