Common use of Other Business Clause in Contracts

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a), or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 20 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (MCG Capital Corp), Sale and Servicing Agreement (Capitalsource Inc)

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Other Business. The Seller will not not: (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances) other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a)the Company Notes, or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 9 contracts

Samples: Receivables Purchase Agreement (Owens Corning), Receivables Purchase Agreement (Arch Coal Inc), Receivables Purchase Agreement (Owens Corning)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, ; (ii) incur any Indebtednessindebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a), the Purchase Agreement; or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (Conmed Corp), Receivables Purchase Agreement (Conmed Corp), Receivables Purchase Agreement (D & K Healthcare Resources Inc)

Other Business. The Seller will not not: (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit (excluding, for the avoidance of doubt, Letters of Credit issued under this Agreement) or bankers’ acceptances) other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a)the Subordinated Notes, or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 7 contracts

Samples: Receivables Purchase Agreement (LyondellBasell Industries N.V.), Receivables Purchase Agreement (Celanese Corp), Receivables Purchase Agreement (LyondellBasell Industries N.V.)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a)the Transaction Documents, or (iii) form any Subsidiary or make any Investments investments in any other PersonPerson (other than the Purchaser and the Sale Portfolio).

Appears in 4 contracts

Samples: Second Tier Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp), Second Tier Purchase and Sale Agreement (Ares Capital Corp)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a), or (iii) form any Subsidiary (other than any REO Asset Owner) or make any Investments in any other Person.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Other Business. The Seller will not not: (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a), the Subordinated Notes) or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD), Receivables Purchase Agreement (Nabors Industries LTD)

Other Business. The Seller will not not: (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) create, incur or permit to exist any Indebtedness, obligation, liability or contingent obligation Debt of any kind (or cause or permit to be issued for its account any letters of credit or bankers’ acceptances) other than pursuant to this Agreement or under any Hedging Intercompany Loan Agreement required by Section 5.3(a), or (iii) form any Subsidiary or make any Investments investments in any other Person.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.), Receivables Purchase Agreement (Centric Brands Inc.)

Other Business. The Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a)Agreement, or (iii) form any Subsidiary (other than a Subsidiary that solely owns and operates REO Assets) or make any Investments in any other Person.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

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Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or Agreement, under any Hedging Agreement required by Section 5.3(a), or pursuant to the Capital Contribution Agreement or (iii) form any Subsidiary (other than 2007-A/LLC or any REO Asset Owner) or make any Investments in any other Person.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a), or (iii) form any Subsidiary other than any REO Affiliate or make any Investments in any other Person.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (NewStar Financial, Inc.), Sale and Servicing Agreement (NewStar Financial, Inc.)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or Agreement, under any Hedging Agreement required by Section 5.3(a), or pursuant to the Capital Contribution Agreement or (iii) form any Subsidiary (other than 2007-A/LLC) or make any Investments in any other Person.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Capitalsource Inc)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement Agreement, under the Seller ISDA Guaranty, or under any Hedging Agreement required by Section 5.3(a), or (iii) form any Subsidiary other than any REO Affiliate or make any Investments in any other Person.

Appears in 1 contract

Samples: Sale and Servicing Agreement (NewStar Financial, Inc.)

Other Business. Seller will not (i) engage in any business other than the transactions contemplated by the Transaction Documents, (ii) incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or under any Hedging Agreement required by Section 5.3(a)Agreement, or (iii) form any Subsidiary or make any Investments in any other Person.

Appears in 1 contract

Samples: Certificate and Servicing Agreement (Capitalsource Inc)

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