Common use of Change in Business Clause in Contracts

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereof.

Appears in 55 contracts

Samples: Loan and Security Agreement (Spirit Realty Capital, Inc.), Loan and Security Agreement (Hancock Fabrics Inc), Loan and Security Agreement (Global Brass & Copper Holdings, Inc.)

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Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary complementary to the business in which such Borrower or Guarantor is engaged on the date hereof.

Appears in 7 contracts

Samples: Loan and Security Agreement (Perry Ellis International Inc), Loan and Security Agreement (Travelcenters of America LLC), Loan and Security Agreement (Farmer Brothers Co)

Change in Business. Each Borrower and Guarantor shall not engage in any ------------------ business other than the business of such Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereof.

Appears in 3 contracts

Samples: Loan Agreement (RBX Industries Inc), Loan Agreement (RBX Corp), Loan Agreement (RBX Corp)

Change in Business. Each Borrower and Guarantor Guarantors shall not engage in any business other than the business of such Borrower or Guarantor Guarantors on the date hereof and any business reasonably related, ancillary or complimentary complementary to the business in which such Borrower or such Guarantor is engaged on the date hereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Hhgregg, Inc.), Loan and Security Agreement (HHG Distributing, LLC), Loan and Security Agreement (Hhgregg, Inc.)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such any Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary complementary to the business in which such any Borrower or Guarantor is engaged on the date hereof, and any other business that in the aggregate is not material to Parent and its Subsidiaries taken as a whole.

Appears in 3 contracts

Samples: Loan and Security Agreement (Nci Building Systems Inc), Loan and Security Agreement (Nci Building Systems Inc), Loan and Security Agreement (Nci Building Systems Inc)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof Effective Date (after giving effect to the Xxxx-Xxxxx Merger) and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereofEffective Date.

Appears in 3 contracts

Samples: Loan and Security Agreement (SpartanNash Co), Loan and Security Agreement (SpartanNash Co), Loan and Security Agreement (Spartan Stores Inc)

Change in Business. Each Borrower and each Guarantor shall not engage in any business other than the business of such Borrower or such Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or such Guarantor is engaged on the date hereof.

Appears in 3 contracts

Samples: Second Lien Letter of Credit, Loan and Security Agreement (Lighting Science Group Corp), Loan and Security Agreement (Us Lec Corp), Loan and Security Agreement (Rouge Industries Inc)

Change in Business. Each Borrower and Guarantor shall not, and shall not permit any of their respective Subsidiaries to, engage in any business other than the business of such Borrower Borrower, Guarantor or Guarantor Subsidiary on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower Borrower, Guarantor or Guarantor Subsidiary is engaged on the date hereofhereof (including any reasonable extension, development or expansion of such business).

Appears in 2 contracts

Samples: Loan and Security Agreement (Jazz Technologies, Inc.), Loan and Security Agreement (Jazz Technologies, Inc.)

Change in Business. Each Borrower and each Guarantor shall not engage in any business other than the business of such Borrower or such Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or such Guarantor is engaged on the date hereof.

Appears in 2 contracts

Samples: Loan and Security Agreement (BlueLinx Holdings Inc.), Loan and Security Agreement (BlueLinx Holdings Inc.)

Change in Business. Each Borrower and each Guarantor shall not, and shall not permit its Subsidiaries to, engage in any business other than the business of Borrower, such Borrower Guarantor or Guarantor such Subsidiary on the date hereof and any business reasonably related, ancillary or complimentary to the business in which Borrower, such Borrower Guarantor or Guarantor such Subsidiary is engaged on the date hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Gsi Group Inc)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such a Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such any Borrower or Guarantor is engaged on the date hereof.

Appears in 1 contract

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

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Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereofhereof without the prior written consent of Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Langer Inc)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such any Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such any Borrower or Guarantor is engaged on the date hereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Builders FirstSource, Inc.)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereof. Each of Agent, Lenders, Borrowers and Guarantors acknowledges that Borrowers and Guarantors are engaged in the provision of telecommunications equipment and related services.

Appears in 1 contract

Samples: Loan and Security Agreement (Adc Telecommunications Inc)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof Effective Date (after giving effect to the Nxxx-Xxxxx Merger) and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereofEffective Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Nash Finch Co)

Change in Business. Each Borrower and Guarantor shall not engage in any business other than the business of such Borrower or Guarantor on the date hereof Closing Date and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereofClosing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Officemax Inc)

Change in Business. Each Borrower The Borrowers and Guarantor Guarantors shall not engage in any business other than the business of such Borrower or Guarantor the Borrowers and Guarantors on the date hereof and any business reasonably related, ancillary or complimentary to the business in which such Borrower or Guarantor is engaged on the date hereofbusinesses.

Appears in 1 contract

Samples: Loan and Security Agreement (Keystone Consolidated Industries Inc)

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