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Business Ideas contract clause examples

Other Business. The Borrower will not # engage in any business other than the transactions contemplated by the Basic Documents, # incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to this Agreement or any other Basic Document (excluding any incidental expenses incurred by the Borrower in connection with the performance of its obligations under the Basic Documents) or # form any Subsidiary or make any Investments in any other Person.

Other Business. The Borrower will not # engage in any business other than # entering into and performing its obligations under the Transaction Documents and other activities contemplated by the Transaction Documents, # the acquisition, ownership and management of the Collateral, # the sale of the Collateral as permitted hereunder, # as otherwise provided in [Section 4.1(u)(i) and (ii), and (E)])])] other business incidental to such activities, # incur any Indebtedness, obligation, liability or contingent obligation of any kind other than pursuant to the Transaction Documents and the Underlying Instruments, or # except as otherwise provided in [Section 4.1(u)(v)], form any Subsidiary or make any Investment in any other Person.

. Borrower will not engage in any business activities or own any assets or incur any liabilities other than # its ownership of the Capital Stock of its Subsidiaries and liabilities incidental thereto, # transactions expressly permitted under this Agreement and the other Loan Documents and # in connection with the consummation of the Transactions.

Indebtedness. The Borrower will not create, incur, assume or permit to exist any Indebtedness except Indebtedness pursuant to this Agreement or the other Basic Documents.

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