Common use of Changes in Business Clause in Contracts

Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the Borrower, as the case may be, on the date hereof.

Appears in 6 contracts

Samples: Convertible Loan Agreement (Sony Corp), Convertible Loan Agreement (Time Warner Inc/), Convertible Loan Agreement (Time Warner Inc/)

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Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the BorrowerBorrower or such Loan Party, as the case may be, on the date hereofClosing Date after giving effect to the Transactions.

Appears in 6 contracts

Samples: Credit Agreement (Cke Restaurants Inc), Credit Agreement (Cke Restaurants Inc), Credit Agreement (Cke Restaurants Inc)

Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the BorrowerBorrower or such Loan Party, as the case may be, on the date hereofClosing Date.

Appears in 5 contracts

Samples: Bridge Loan Agreement (PLD Telekom Inc), Bridge Loan Agreement (PLD Telekom Inc), Bridge Loan Agreement (Metromedia International Group Inc)

Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the BorrowerBorrower or such subsidiary, as the case may be, on the date hereofClosing Date.

Appears in 1 contract

Samples: Credit Agreement (Synapse Group Inc)

Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the Borrower, as the case may be, Borrower or any such Subsidiary on the date hereofClosing Date after giving effect to the Transactions.

Appears in 1 contract

Samples: Credit Agreement (BMJ Medical Management Inc)

Changes in Business. The Borrower shall not, and shall ------------------- not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the Borrower, as the case may be, Borrower on the date hereofClosing Date after giving effect to the Transactions.

Appears in 1 contract

Samples: Credit Agreement (Synbiotics Corp)

Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the BorrowerBorrower or such Loan Party, as the case may be, on the date hereofSecond A&R Closing Date after giving effect to the Transactions.

Appears in 1 contract

Samples: Credit Agreement (Cke Restaurants Inc)

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Changes in Business. The Borrower shall not, and shall ------------------- not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the BorrowerBorrower or such Loan Party, as the case may be, on the date hereofClosing Date after giving effect to the Transactions.

Appears in 1 contract

Samples: Credit Agreement (Cke Restaurants Inc)

Changes in Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any business which is substantially different from that conducted by the BorrowerBorrower or such Subsidiary, as the case may be, on the date hereofClosing Date and which is not being conducted pursuant to, or contemplated by, the License Agreement.

Appears in 1 contract

Samples: Credit Agreement (Amre Inc)

Changes in Business. The Borrower shall not, and shall not permit any Credit Party or any of its respective Subsidiaries to, enter into engage in any business other than the businesses in which it is substantially different from that conducted by engaged in as of the BorrowerEffective Date and activities incidental thereto, as the case may be, on the date hereofand similar or related businesses.

Appears in 1 contract

Samples: Loan Agreement (Grey Wolf Inc)

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