Changes in Nature of Business. Each Loan Party will not, and will not permit any Subsidiary to, engage to any material extent in any business other than those businesses conducted by such Loan Party and its Subsidiaries on the date hereof or any business reasonably related or incidental thereto or representing a reasonable expansion thereof.
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Samples: Revolving Credit Agreement (Enstar Group LTD), Revolving Credit Agreement
Changes in Nature of Business. Each Loan Party will not, and will not permit any Subsidiary to, engage to any material extent in any business other than those businesses conducted by such the Loan Party and its Subsidiaries Parties on the date hereof or any business reasonably related or incidental thereto or representing a reasonable expansion thereof.
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Samples: Credit Agreement (Seaport Entertainment Group Inc.), Credit Agreement (Seaport Entertainment Group Inc.)
Changes in Nature of Business. Each No Loan Party will not, and will not permit any Subsidiary to, shall engage to any material extent in any business other than those businesses conducted by or activity if as a result the general nature of the business of such Loan Party and its Subsidiaries on would be changed in any material respect from the general nature of the business engaged in by it as of the Closing Date (or, if later, the date hereof or any business reasonably related or incidental thereto or representing such Loan Party first became a reasonable expansion thereofGuarantor hereunder).
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