Limitation on Activities definition

Limitation on Activities of New GNC With respect to New GNC, notwithstanding anything to the contrary in this Agreement or any other Loan Document, cause or permit New GNC to (a) conduct, transact or otherwise engage in, or commit to conduct, transact or otherwise engage in, any business or operations other than those incidental to its ownership of the Capital Stock of General Nutrition Incorporated, (b) incur, create, assume or suffer to exist any Indebtedness or other liabilities or financial obligations, except (i) nonconsensual obligations imposed by operation of law or, (ii) pursuant to the Loan Documents to which it is a party and the Senior Subordinated Note Indenture.
Sample 1

Examples of Limitation on Activities in a sentence

  • Limitation on Activities of the Company..................68 Section 10.17.

  • Limitation on Activities of the Company and Holdings 78 SECTION 3.22.

  • Limitation on Activities of Level 3 Parent and the Sister Subsidiaries 126 Section 9.22.

  • Limitation on Activities of Parent Guarantor and PII, LLC.................................

  • Change in Nature of Business; Limitation on Activities of Unrestricted Subsidiaries 166 175 Section 7.12.

  • Limitation on Activities of Holdings 77 ARTICLE 5 CONSOLIDATION, MERGER OR SALE OF ASSETS Section 5.01.

  • Limitation on Activities of Holdings and DIFL US 76 SECTION 4.26.

  • Limitation on Activities of the Company and Restricted Subsidiaries.

  • Limitation on Activities of Parent Guarantors................................................................

  • Limitation on Activities of Level 3 Parent and the Sister Subsidiaries 125 Section 9.22.

Related to Limitation on Activities

  • Exceptions and Limitations means fair use, fair dealing, and/or any other exception or limitation to Copyright and Similar Rights that applies to Your use of the Licensed Material.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Limitation of Liability Insert the following Section 15, after Section 14:

  • Activities has the meaning specified in Section 7.02(b).

  • Detrimental Conduct means, as determined by the Company, the Participant’s serious misconduct or unethical behavior, including any of the following: (a) any violation by the Participant of a restrictive covenant agreement that the Participant has entered into with the Company or an Affiliate (covering, for example, confidentiality, non-competition, non-solicitation, non-disparagement, etc.); (b) any conduct by the Participant that could result in the Participant’s Separation from Service for Cause; (c) the commission of a criminal act by the Participant, whether or not performed in the workplace, that subjects, or if generally known would subject, the Company or an Affiliate to public ridicule or embarrassment, or other improper or intentional conduct by the Participant causing reputational harm to the Company, an Affiliate, or a client or former client of the Company or an Affiliate; (d) the Participant’s breach of a fiduciary duty owed to the Company or an Affiliate or a client or former client of the Company or an Affiliate; (e) the Participant’s intentional violation, or grossly negligent disregard, of the Company’s or an Affiliate’s policies, rules, or procedures; or (f) the Participant taking or maintaining trading positions that result in a need to restate financial results in a subsequent reporting period or that result in a significant financial loss to the Company or an Affiliate.

  • Covered Activities means those land uses and conservation and other activities described in Chapter 2.3 of the HCP/NCCP to be carried out by the Conservancy or its agents that may result in Authorized Take of Covered Species during the term of the HCP/NCCP, and that are otherwise lawful.

  • Competing Activities means the same or similar services as Xxxxxx Xxx Ltd is providing to the Restaurant under this Agreement or other activities having a similar purpose.

  • Restricted Activities means and includes the following:

  • Prohibited Activities has the meaning set forth in Paragraph 6.26.