Common use of Change of business Clause in Contracts

Change of business. The Borrower shall not without the prior written consent of the Lender make any substantial change to the general nature of its business from that carried on at the date of this Agreement.

Appears in 9 contracts

Samples: Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Loan Agreement (Paragon Shipping Inc.), Credit Facility Agreement (Safe Bulkers, Inc.)

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Change of business. The Borrower shall not without the prior written consent of the Lender Agent make any substantial change to the general nature of its business from that carried on at the date of this Agreement.

Appears in 3 contracts

Samples: Secured Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (Poseidon Containers Holdings Corp.), Secured Loan Agreement (DHT Holdings, Inc.)

Change of business. The Borrower shall not without the prior written consent of the Lender make any substantial change to the general nature of its business from that carried on at the date of this AgreementSigning Date.

Appears in 2 contracts

Samples: Secured Multi Currency Reducing Revolving Credit Facility Agreement (Safe Bulkers, Inc.), Credit Facility Agreement (Safe Bulkers, Inc.)

Change of business. The Borrower shall not without the prior written consent of the Lender make any ensure that no substantial change is made to the general nature of its business from that carried on at the date of this AgreementAgreement without the prior written consent by the Majority Lenders.

Appears in 2 contracts

Samples: Facility Agreement (Aluminum Corp of China), Senior Secured Facility Agreement (Aluminum Corp of China)

Change of business. The Borrower shall not not, without the prior written consent of the Lender Majority Lenders, make any substantial change to the general nature of its business from that carried on at the date of this Agreement.

Appears in 2 contracts

Samples: Secured Loan Agreement, Secured Loan Agreement (HC2 Holdings, Inc.)

Change of business. The Borrower shall not without the prior written consent of the Lender make any procure that no substantial change is made to the general nature of its the business of the Borrower or the Group from that carried on at the date of this AgreementAgreement without the prior written consent of the Majority Lenders (such consent not to be unreasonably withheld).

Appears in 2 contracts

Samples: Facility Agreement (Chartered Semiconductor Manufacturing LTD), Facility Agreement (Chartered Semiconductor Manufacturing LTD)

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Change of business. The No Borrower shall not without the prior written consent of the Lender make any substantial change to the general nature of its business from that carried on at the date of this Agreement.

Appears in 1 contract

Samples: Secured Loan Agreement (Danaos Corp)

Change of business. The Borrower shall not without Without the prior written consent of the Lender make any substantial (not to be unreasonably withheld), the Borrower shall not change to materially the general nature of its business (including that business carried on by the Lender’s material subsidiaries) from that being carried on at the date of this Agreement.Agreement nor make material changes to the Borrower’s constating documents;

Appears in 1 contract

Samples: Loan Agreement

Change of business. The Borrower shall not procure that without the prior previous written consent of the Lender make any no substantial change is made to the general nature of its business from that carried on at the date of this Agreement, namely its ownership of the Property.

Appears in 1 contract

Samples: Senior Term Loan Facility Agreement (Behringer Harvard Opportunity REIT I, Inc.)

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