Changes in Business and Capital. (a) The Borrower shall not make changes, or permit changes to be made, to the nature of its present and presently contemplated business or operations or change the nature or scope of the Project. The Borrower shall not carry out any business or activity other than businesses or activities substantially related to the Project. (b) The Borrower shall not make changes, or permit changes to be made, to its capital other than (i) pursuant to Distributions permitted under Section 6.01, (ii) contributions of equity or Permitted Quasi Equity and (iii) share repurchases permitted under Section 4.04 of the Share Retention and Subordination Deed, subject in the case of (iii) to Section 4.05 of the Share Retention and Subordination Deed and Section 4.4 of the Security Agreement Over Shares.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement (Clearwave N V), Loan Agreement (Clearwave N V)