Common use of Business Changes Clause in Contracts

Business Changes. Change in any material respect the nature of the business of the Borrower or its Subsidiaries as conducted on the Effective Date.

Appears in 15 contracts

Sources: Credit Agreement (Urstadt Biddle Properties Inc), Secured Term Loan Agreement (New Plan Excel Realty Trust Inc), Term Loan Agreement (New Plan Excel Realty Trust Inc)

Business Changes. Change in any material respect the nature of the business of the Borrower or and its Subsidiaries Subsidiaries, taken as a whole, as conducted on the Effective Date.

Appears in 4 contracts

Sources: Revolving Credit Agreement (Centro NP LLC), Revolving Credit Agreement (Centro NP LLC), Secured Term Loan Agreement (New Plan Excel Realty Trust Inc)

Business Changes. Change in any material respect the nature of the business of the Borrower or and its Subsidiaries as a whole, as conducted on the Effective Date.

Appears in 3 contracts

Sources: Credit Agreement (Urstadt Biddle Properties Inc), Credit Agreement (Urstadt Biddle Properties Inc), Credit Agreement (Urstadt Biddle Properties Inc)

Business Changes. Change in any material respect Materially change the nature of the business of the Borrower or and its Subsidiaries as conducted on the Effective Date.

Appears in 1 contract

Sources: Credit Agreement (Camco International Inc)