Common use of Change in Business Clause in Contracts

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereof.

Appears in 5 contracts

Samples: Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.)

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Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date Date, other than lines of business ancillary, complementary, incidental or that are natural expansions thereofrelated thereto and reasonable extensions of such lines of business.

Appears in 4 contracts

Samples: Credit Agreement (Charah Solutions, Inc.), Revolving Loan Facility Credit Agreement (Charah Solutions, Inc.), Credit Agreement (Charah Solutions, Inc.)

Change in Business. No Credit Loan Party shall, and no Credit Loan Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofDate.

Appears in 4 contracts

Samples: Loan and Security Agreement (1847 Goedeker Inc.), Loan and Security Agreement (1847 Goedeker Inc.), Loan and Security Agreement (1847 Holdings LLC)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on as of the Closing Date Date, other than any line of business that is related or that are natural expansions thereofcomplimentary to any existing line of business.

Appears in 4 contracts

Samples: Credit Agreement (International Textile Group Inc), Credit Agreement (International Textile Group Inc), Credit Agreement (International Textile Group Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereof.

Appears in 4 contracts

Samples: Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from other than those lines of business carried on by it on the Closing Date and any business reasonably related, complementary or that are natural expansions thereofancillary thereto.

Appears in 4 contracts

Samples: Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date and other activities reasonably related or that are natural expansions thereofincidental thereto.

Appears in 3 contracts

Samples: Credit Agreement (Radioshack Corp), Credit Agreement (Radioshack Corp), Credit Agreement (Radioshack Corp)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on conducted by it the Credit Parties and their Subsidiaries on the Closing Date date hereof or that are natural expansions thereofany business substantially related and incidental thereto.

Appears in 3 contracts

Samples: Term Loan Agreement (Talbots Inc), Credit Agreement (Talbots Inc), Credit Agreement (Talbots Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on the Closing Date date hereof (or that which are natural expansions similar, reasonably related, incidental, ancillary or complementary thereto or are reasonable extensions thereof).

Appears in 3 contracts

Samples: Credit Agreement (Banctec Inc), Credit Agreement (Banctec Inc), Credit Agreement (Banctec Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofdate hereof.

Appears in 3 contracts

Samples: Loan and Security Agreement (Sigmatron International Inc), Credit Agreement (Solo Cup CO), Credit Agreement (Georgia Gulf Corp /De/)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofDate, other than lines of business ancillary thereto and reasonable extensions of such lines of business.

Appears in 2 contracts

Samples: Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.), Credit Agreement (Lulu's Fashion Lounge Holdings, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the date hereof. From and after the Closing Date Date, the Borrower shall not (i) enter into any contracts that generate revenue or (ii) except to the extent that it is reasonably commercially necessary that the Borrower, as opposed to another Credit Party, be a party thereto, enter into any employment agreements, leases or contracts that are natural expansions thereofmaterial to the operations of the Credit Parties and their Subsidiaries.

Appears in 2 contracts

Samples: Credit Facility (Metropolitan Health Networks Inc), Credit Agreement (Metropolitan Health Networks Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofDate.

Appears in 2 contracts

Samples: Credit Agreement (Diplomat Pharmacy, Inc.), Credit Agreement (Diplomat Pharmacy, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line business other than businesses of business substantially different from those lines of business carried on the type conducted by it the Borrowers and its Subsidiaries on the Closing Date and businesses reasonably related or that are natural expansions thereofcomplementary thereto.

Appears in 2 contracts

Samples: Term Loan Agreement (Furniture Brands International Inc), Credit Agreement (Furniture Brands International Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on the Closing Date date hereof, or that are natural expansions thereofbusiness activities reasonably related, ancillary or complementary thereto.

Appears in 2 contracts

Samples: Credit Agreement (Axiall Corp/De/), Credit Agreement (Axiall Corp/De/)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofdate hereof.

Appears in 2 contracts

Samples: Credit Agreement (Akorn Inc), Credit Agreement (Akorn Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from other than those lines of business carried on by it on the Closing Date or that date hereof (or, in the good faith judgment of such Credit Party, which are natural expansions thereofreasonably and substantially related thereto).

Appears in 2 contracts

Samples: Credit Agreement (Evraz North America PLC), Credit Agreement (Evraz North America LTD)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from than those lines of business carried on by it on the Closing Date and any business similar, corollary, ancillary, incidental, complementary or that are natural expansions thereofreasonably related thereto, or a reasonable extension, development or expansion of any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Phreesia, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall suffer or permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from other than those lines of business carried on by in which it is engaged on the Closing Date or that are natural expansions reasonable extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (Royal Hawaiian Orchards, L.P.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofand reasonably incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Landec Corp \Ca\)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date and other activities reasonably related or that are natural expansions thereofincidental thereto or reasonably related or incidental to liquidating the Debtors’ business.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement (Radioshack Corp)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on as of the Initial Closing Date or that are natural expansions thereofDate.

Appears in 1 contract

Samples: Credit Agreement (Cryolife Inc)

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Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on as of the Closing Date or that are natural expansions thereofEffective Date, unless otherwise approved by Agent in connection with a Permitted Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Cryolife Inc)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofDate.

Appears in 1 contract

Samples: Credit Agreement (Constellium N.V.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from other than those lines of business carried on by it on the Closing Restatement Date and any business reasonably related, complementary or that are natural expansions thereofancillary thereto.

Appears in 1 contract

Samples: Credit Agreement (Rimini Street, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it the Credit Parties on the Closing Date or that are natural expansions otherwise reasonably related thereto or reasonable extensions thereof.

Appears in 1 contract

Samples: Credit Agreement

Change in Business. No Credit Party shall, and no Credit Party nor shall suffer or ------------------ permit any of its Restricted Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it a Credit Party and its Subsidiaries on the Closing Date date hereof and lines of business reasonably ancillary or that are natural expansions thereofcomplimentary to such current lines of business.

Appears in 1 contract

Samples: Credit Agreement (Impac Group Inc /De/)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereof(including the provision of Medical Services), without the prior written consent of Agent.

Appears in 1 contract

Samples: Debt Agreement

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from other than those lines of business carried on by it on the Closing Date and any business reasonably related, similar, incidental, complementary or that are natural ancillary thereto or reasonable extensions, developments or expansions thereofof such businesses or lines of business.

Appears in 1 contract

Samples: Credit Agreement (Iteris, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business other than (x) lines of business substantially different from similar to those lines of business carried on by it on the Closing Date Date, (y) the “body-in-white” business and (z) other businesses reasonably complementary to the foregoing or that are natural reasonable extensions, developments or expansions thereof.

Appears in 1 contract

Samples: Credit Agreement (Constellium N.V.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date or that are natural expansions thereofDate.

Appears in 1 contract

Samples: Credit Agreement (IMAC Holdings, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall suffer or permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it the Credit Party and its Subsidiaries on the Closing Date or that are natural expansions thereofDate.

Appears in 1 contract

Samples: Credit Agreement (Crimson Wine Group, LTD)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Domestic Subsidiaries to, engage in any material line of business substantially different from those lines of business carried on by it on the Closing Date and otherwise reasonably related thereto or that are natural expansions reasonable extensions thereof.

Appears in 1 contract

Samples: Credit Agreement (NxStage Medical, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any line of business substantially different from those lines of business carried on by it on the Closing Date and similar or that are natural expansions thereofrelated businesses or reasonable extensions thereof and businesses ancillary or incidental thereto.

Appears in 1 contract

Samples: Credit Agreement (Diplomat Pharmacy, Inc.)

Change in Business. No Credit Party shall, and no Credit Party shall permit any of its Restricted Subsidiaries to, engage in any material respect in any line of business substantially different from those lines of business carried on by it on the Closing Date date hereof (or that which are natural expansions similar, reasonably related, incidental, ancillary or complementary thereto or are reasonable extensions thereof).

Appears in 1 contract

Samples: Credit Agreement (Constar International Inc)

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