Common use of Character of Business Clause in Contracts

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 11 contracts

Samples: Credit Agreement (Kingsway Financial Services Inc), Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.)

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Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 6 contracts

Samples: Credit Agreement, Loan and Security Agreement (Sugarfina Corp), Loan and Security Agreement (Superior Drilling Products, Inc.)

Character of Business. Engage in any business activities or --------------------- operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Continuing Guaranty (Mercury General Corp), Revolving Credit Agreement (Pcsupport Com Inc)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its the present business activities and operations, or permit any Subsidiary to do sooperations of the Borrowers.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Central Michigan Distribution Co Lp), Credit Agreement (Northland Holdings Management Inc)

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Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary (other than an Excluded Subsidiary) to do so.

Appears in 2 contracts

Samples: Revolving Credit Agreement (National Technical Systems Inc /Ca/), Revolving Credit Agreement (National Technical Systems Inc /Ca/)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Domestic Subsidiary to do so.

Appears in 1 contract

Samples: Credit Agreement (Digital Turbine, Inc.)

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