Common use of Business of Borrower and Subsidiaries Clause in Contracts

Business of Borrower and Subsidiaries. (a) Own, manage or operate any business not 104 principally engaged in a segment of the pharmaceutical or health-care industry or ancillary thereto. (b) Make any change materially adverse to the Lenders in the nature of its business as carried on at the date of this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Danbury Pharmacal Puerto Rico Inc), Credit Agreement (Schein Pharmaceutical Inc), Credit Agreement (Schein Pharmaceutical Inc)

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Business of Borrower and Subsidiaries. (a) Own, manage or operate any business not 104 principally engaged in a segment of the pharmaceutical or health-care healthcare industry or ancillary thereto. (b) Make any change materially adverse to the Lenders in the nature of its business as carried on at the date of this Agreement.

Appears in 2 contracts

Samples: Senior Subordinated Loan Agreement (Schein Pharmaceutical Inc), Senior Subordinated Loan Agreement (Danbury Pharmacal Puerto Rico Inc)

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