Common use of Change of Line of Business Clause in Contracts

Change of Line of Business. No change in the Borrower's, Joint Obligor and Guarantor's' line of business shall be made without the Bank's prior authorization in writing and they shall remain as ongoing concerns.

Change of Line of Business. No change in the Borrower's, Joint Obligor and Guarantor's' 's line of business shall be made without the Bank's prior authorization in writing and they shall remain as ongoing concerns.