Change in the Nature of Business. The Company shall not, nor shall it permit any of its subsidiaries to, engage in any business or activity other than the general nature of the business engaged in by it as of the Initial Closing Date or discontinue its engagement in any business or activity engaged in by it as of the Initial Closing Date.
Appears in 7 contracts
Samples: Note and Warrant Purchase Agreement (Miso Robotics, Inc.), Senior Secured Promissory Note (Miso Robotics, Inc.), Senior Secured Promissory Note (Miso Robotics, Inc.)
Change in the Nature of Business. The Company shall will not, nor shall will it permit any of its subsidiaries to, engage in any business or activity other than the general nature of the business engaged in by it as of the Initial Closing Date or discontinue its engagement in any business or activity engaged in by it as of the Initial Closing Date; provided, however, that the Company shall have the sole discretion to discontinue its or any of its subsidiaries’ BPO services segment at any time.
Appears in 1 contract
Samples: Note Purchase Agreement (Dyntek Inc)
Change in the Nature of Business. The Company shall will not, nor shall will it permit any of its subsidiaries Subsidiaries to, engage in any business or activity other than the general nature of the business engaged in by it as of the Initial Closing Date or discontinue its engagement in any business or activity engaged in by it as of the Initial Closing DateDate except within the reasonable business judgment of the Board of Directors of the Company.
Appears in 1 contract
Samples: Securities Purchase Agreement (Proxim Wireless Corp)
Change in the Nature of Business. The Company shall not, nor shall it permit any of its subsidiaries to, engage in any business or activity other than the general nature of the business engaged in by it as of the Initial Closing Date or discontinue its engagement in any business or activity engaged in by it as of the Initial Closing Date.
Appears in 1 contract
Samples: Note Purchase Agreement (Dyntek Inc)
Change in the Nature of Business. The Company shall will not, nor shall will it permit any of its subsidiaries to, engage in any business or activity other than the general nature of the business engaged in by it as of the Initial Closing Date or discontinue its engagement in any business or activity engaged in by it as of the Initial Closing Date.
Appears in 1 contract
Samples: Junior Secured Convertible Note Purchase Agreement (Dyntek Inc)
