Common use of Change in Business; Change in Control or Executive Office Clause in Contracts

Change in Business; Change in Control or Executive Office. Engage in any business other than the business purposes permitted by Borrower’s Charter Documents and any business substantially similar or related thereto (or incidental thereto); or cease to conduct business materially in the manner permitted by Borrower as of the Closing Date; or without Bank’s prior written consent, suffer or permit a Change in Control; or without twenty (20) days prior written notification to Bank, relocate its chief executive office or state of formation; or without Bank’s prior written consent, change the date on which its fiscal year ends.

Appears in 2 contracts

Samples: Loan and Security Agreement (Oaktree Strategic Income II, Inc.), Loan and Security Agreement (Oaktree Strategic Income II, Inc.)

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Change in Business; Change in Control or Executive Office. Engage in any business business, or permit any of its Subsidiaries to engage in any business, other than the business purposes permitted businesses currently engaged in by Borrower’s Charter Documents Borrower and any business substantially similar or related thereto (or incidental thereto); or cease to conduct business materially in the manner permitted by Borrower as of the Closing Date; or without Bank’s prior written consent, suffer or permit a Change in Control; or without twenty thirty (2030) days prior written notification to Bank, relocate its chief executive office or state of formationincorporation or change its legal name; or without Bank’s prior written consent, change the date on which its fiscal year ends.

Appears in 1 contract

Samples: Loan Agreement (Scientific Learning Corp)

Change in Business; Change in Control or Executive Office. Engage in any business business, or permit any of its Subsidiaries to engage in any business, other than the business purposes permitted businesses currently engaged in by Borrower’s Charter Documents Borrower and any business substantially similar or related thereto (or incidental thereto); ): or cease to conduct business materially in the manner permitted by Borrower as of the Closing Date; or without Bank’s prior written consent, suffer or permit a Change in Control; or without twenty thirty (2030) days prior written notification to Bank, relocate its chief executive office or state of formationincorporation or change its legal name; or without Bank’s prior written consent, change the date on which its fiscal year ends.

Appears in 1 contract

Samples: Loan and Security Agreement (Scientific Learning Corp)

Change in Business; Change in Control or Executive Office. Engage in any business other than the business purposes as permitted by Borrower’s Charter Documents and any business substantially similar or related thereto (or incidental thereto)the Charter; or cease to conduct business materially in the manner permitted by Borrower as of the Closing Date; or without Bank’s prior written consent, suffer or permit a Change in Control; or without twenty (20) days prior written notification to BankBank within forty-five (45) days, relocate its chief executive office or state of formation; or without Bank’s prior written consent, change the date on which its fiscal year ends.

Appears in 1 contract

Samples: Loan and Security Agreement (Star Mountain Lower Middle-Market Capital Corp)

Change in Business; Change in Control or Executive Office. Engage in any business business, or permit any of its Subsidiaries to engage in any business, other than the business purposes permitted businesses currently engaged in by Borrower’s Charter Documents Borrower and any business substantially similar or related thereto (or incidental thereto); or cease to conduct business materially in the manner permitted by Borrower as of the Closing Date; or without Bank’s prior written consent, suffer or permit a Change in Control; or without twenty thirty (2030) days prior written notification to Bank, relocate its chief executive office or state of formationincorporation; or without Bank’s prior written consent, change the date on which its fiscal year ends.

Appears in 1 contract

Samples: Loan Agreement (Logicvision Inc)

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Change in Business; Change in Control or Executive Office. Engage in any business business, or permit any of its Subsidiaries to engage in any business, other than the business purposes permitted businesses currently engaged in by Borrower’s Charter Documents Borrower and any business substantially similar or related thereto (or incidental thereto); or cease to conduct business materially in the manner permitted by . Borrower as of the Closing Date; or without Bank’s prior written consent, will not suffer or permit a Change in Control; or without twenty thirty (2030) days prior written notification to Bank, relocate its chief executive office or state of formationincorporation or change its legal name; or without Bank’s prior written consent, change the date on which its fiscal year ends.

Appears in 1 contract

Samples: Loan and Security Agreement (Motive Inc)

Change in Business; Change in Control or Executive Office. Engage in any business business, or permit any of its Subsidiaries to engage in any business, other than the business purposes permitted businesses currently engaged in by Borrower’s Charter Documents Borrower and any business substantially similar or related thereto (or incidental thereto); or cease to conduct business materially in substantially the manner permitted conducted by Borrower as of the Closing Date; or without Bank’s prior written consent, suffer or permit a Change in Control; or without twenty thirty (2030) days prior written notification to Bank, relocate its chief executive office or state of formationincorporation or change its legal name; or without Bank’s 's prior written consent, change the date on which its fiscal year ends.

Appears in 1 contract

Samples: Loan and Security Agreement (Cepheid)

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