Operations of the Borrower. The Borrower shall not (a) own any assets (other than (i) following the Completion Date in accordance with the TLA Transaction Documents, Capital Stock of the Target, and indirectly, the Subsidiaries of the Target or (ii) cash or Cash Equivalents) or (b) engage in any trade or business (other than the performance of its obligations under the Loan Documents, the management of its Investment in the Target and, indirectly, the Subsidiaries of the Target and matters incidental thereto).
Appears in 2 contracts
Sources: Credit Agreement (Atlantic Alliance Partnership Corp.), Credit Agreement