Restrictions on Business. Neither the Issuer nor any of its Material Subsidiary is a party to or bound or affected by any commitment, agreement or document containing any covenant which expressly limits the freedom of the Issuer or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Issuer or any Material Subsidiary.
Appears in 4 contracts
Sources: Equity Subscription Agreement (Electra Battery Materials Corp), Convertible Note Subscription Agreement (Electra Battery Materials Corp), Convertible Note Subscription Agreement (Electra Battery Materials Corp)
Restrictions on Business. Neither the Issuer nor any of its Material Subsidiary Subsidiaries is a party to or bound or affected by any commitmenta material contract, agreement or document containing any covenant which expressly limits the freedom of the Issuer or any Material Subsidiary to compete in any line of business, transfer or move any of its assets or operations which materially and adversely affects, or could would reasonably be expected to materially and adversely affect, the business practices, operations or condition of the Issuer or any Material Subsidiary.
Appears in 2 contracts
Sources: Subscription Agreement (Global Crossing Airlines Group Inc.), Subscription Agreement (Global Crossing Airlines Group Inc.)