Common use of Change in Business Clause in Contracts

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 21 contracts

Samples: Loan and Security Agreement (Brio Technology Inc), Loan and Security Agreement (Videonics Inc), Loan and Security Agreement (Qualmark Corp)

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Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 15 contracts

Samples: Loan and Security Agreement (Cardiac Pathways Corp), Loan and Security Agreement (Musicmaker Com Inc), Loan and Security Agreement (Calypte Biomedical Corp)

Change in Business. Engage in any business, or permit any of its ------------------ Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 10 contracts

Samples: Loan and Security Agreement (Curon Medical Inc), Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Inktomi Corp)

Change in Business. Engage in any business, or permit any of its ------------------ Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 6 contracts

Samples: Loan and Security Agreement (Crossworlds Software Inc), Loan and Security Agreement (Placeware Inc), Loan and Security Agreement (Crossworlds Software Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer undergo a material change in Borrower's ownership, management or directors. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 3 contracts

Samples: Loan Agreement (Advanced Technology Materials Inc /De/), Loan and Security Agreement (Rf Micro Devices Inc), Loan and Security Agreement (Rf Micro Devices Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change Change in Borrower's ownershipControl. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 3 contracts

Samples: Loan and Security Agreement (MSC Software Corp), Loan and Security Agreement (Pharmchem Inc), Loan and Security Agreement (Pharmchem Laboratories Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and its Subsidiaries and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Novatel Wireless Inc), Loan and Security Agreement (Novatel Wireless Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change of no more than fifty percent (50%) in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bsquare Corp /Wa), Loan and Security Agreement (Bsquare Corp /Wa)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, business other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without giving Bank thirty (30) days days' prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan & Security Agreement (Motorvac Technologies Inc), Loan Agreement (Stanford Microdevices Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), ) or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Graphix Zone Inc/De), Loan and Security Agreement (Photon Dynamics Inc)

Change in Business. Engage in any business, or permit ------------------ any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Onsale Inc), Loan and Security Agreement (Thermatrix Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to BankLender, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Physicians Insurance Co of Ohio), Loan and Security Agreement (Pc Quote Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership (other than as a result of a public offering), management or directors. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Versatility Inc), Loan and Security Agreement (Versatility Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership of greater than forty percent (40%). Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (Invision Technologies Inc), Loan and Security Agreement (Invision Technologies Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership, management or directors. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 2 contracts

Samples: Loan and Security Agreement (3dfx Interactive Inc), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc)

Change in Business. Engage Suspend or go out of business, engage in any business, or permit any of its the Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days days' prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Vans Inc)

Change in Business. Engage Other than as described on the Schedule, ------------------ engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Evolving Systems Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership or directors. Borrower will not, without thirty (30) days prior written notification to each Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Tegal Corp /De/)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership or directors. Borrower will not, without thirty (30) days prior written notification to BankBanks, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Tegal Corp /De/)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in thirty percent (30%) of Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Infoseek Corp)

Change in Business. Engage in any business, or permit any of its ------------------ Subsidiaries to engage in any business, other than the businesses currently engaged in by such Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in such Borrower's ownershipownership (other than as a result of the exercise of employee stock options). Such Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Ise Labs Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower Borrowers and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's Borrowers' ownership, management or directors. Neither Borrower will notwill, without thirty (30) days prior written notification to Bank, relocate its chief executive officeoffice or change its name or do business under any other name than is set forth on the signature page hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Virata Corp)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in in, any business, other than (i) the businesses currently engaged in by Borrower or its Subsidiaries and (ii) any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipmanagement or directors. Borrower will shall not, without thirty (30) days prior written notification to BankLender, relocate its chief executive officeoffice or change its name.

Appears in 1 contract

Samples: Loan and Security Agreement (Ardent Software Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership (other than as a result of the issuance by Borrower of equity securities). Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Nuko Information Systems Inc /Ca/)

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Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership, management or directors. Borrower will not, without at least thirty (30) days days' prior written notification to Bank, relocate its chief executive officeoffice or add any new offices or business locations.

Appears in 1 contract

Samples: Loan and Security Agreement (Symbollon Corp)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in a controlling interest in Borrower's ownershipshares. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Iphysician Net Inc)

Change in Business. Engage Suffer a Change of Control, engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Therma Wave Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bankthe Banks and Servicing Agent, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Heartport Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership’s executive management personnel and Borrower’s board of directors does not fill the vacancy or vacancies created thereby within 30 days of any such change. Borrower will not, without thirty (30) 30 days prior written notification to BankLender, relocate its chief executive office.

Appears in 1 contract

Samples: Business Loan and Security Agreement (Iridex Corp)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership in any single or related series of transactions of more than 25%. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Arthrocare Corp)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change Change in Borrower's ownership. Borrower will notControl, or without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Sonic Solutions/Ca/)

Change in Business. Engage in any business, or permit any of ------------------ its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Inktomi Corp)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership other than the sale of additional Common Stock of the Company. Borrower will not, without thirty (30) days prior written notification to BankBanks, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Intevac Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership’s executive management personnel and Borrower’s board of directors does not fill the vacancy or vacancies created thereby within thirty (30) of any such change. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Iridex Corp)

Change in Business. Engage Suspend or go out of business, engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower Borrowers and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in any Borrower's ownership. No Borrower will notwill, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Uniphase Corp /Ca/)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Women Com Networks Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownership. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Credit Agreement (Brocade Communications Systems Inc)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in more than 49% of Borrower's ownership, as of the Closing Date. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (First Virtual Corp)

Change in Business. Engage in any business, or permit any of its Subsidiaries to engage in any business, other than the businesses currently engaged in by Borrower and any business substantially similar or related thereto (or incidental thereto), or suffer a material change in Borrower's ownershipownership of more than thirty percent (30%) acquired or sold by any one (1) Person. Borrower will not, without thirty (30) days prior written notification to Bank, relocate its chief executive office.

Appears in 1 contract

Samples: Loan and Security Agreement (Innerdyne Inc)

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