Change in Operations. Except as authorized by the Board of Directors, the Company shall not, and shall not permit the Subsidiaries to, substantially change the type of operations currently contemplated by the Company and its Subsidiaries or enter into, by internal expansion or by any form of acquisition, any line of business not directly related to the type of operations currently contemplated by the Company and its Subsidiaries.
Appears in 3 contracts
Samples: Investor Rights Agreement (Screaming Media Com Inc), Investor Rights Agreement (Onesoft Corp), Investor Rights Agreement (Screaming Media Com Inc)
Change in Operations. Except as authorized by the Board of Directors, the The Company shall not, and shall not permit the Subsidiaries to, substantially change the type of operations currently contemplated by the Company and its Subsidiaries or enter into, by internal expansion or by any form of acquisition, any line of business not directly related to the type of operations currently contemplated by the Company and its Subsidiaries.
Appears in 2 contracts
Samples: Investor Rights Agreement (Net2000 Communications Inc), Investor Rights Agreement (Blue Water Strategic Fund I LLC)
