We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of Character of Business Clause in Contracts

Character of Business. Change the general character of Borrower’s business as conducted at the date hereof, or engage in any type of business not reasonably related to its business as presently conducted.

Appears in 1 contract

Samples: Loan Agreement (American Retirement Corp)

Character of Business. Change the general character of Borrower’s business as conducted by Borrower and its Subsidiaries at the date hereof, or engage in any type of business not reasonably related to the business of Borrower and its business Subsidiaries as presently conducted, or make any material change in Borrower's business objectives.

Appears in 1 contract

Samples: Credit Agreement (Source Information Management Co)

Character of Business. Change Changing the general character of Borrower’s the business of Borrowers as conducted at the date hereof, or engage in any type of business not reasonably related to its business as presently conducted.

Appears in 1 contract

Samples: Loan and Security Agreement (Texas Equipment Corp)

Character of Business. Change the general character of Borrower’s business of the Borrower and its Subsidiaries as conducted at the date hereof, or engage in any type of business not reasonably related to its business as presently conducted.

Appears in 1 contract

Samples: Loan Agreement (Syntellect Inc)

Character of Business. Change the general character of Borrower’s business as conducted by Debtor at the date hereof, or engage in any type of business not reasonably related to its Debtor's business as presently conducted.

Appears in 1 contract

Samples: Credit Agreement (Total Entertainment & Restaurant Corp)

Character of Business. Change the general character of Borrower’s 's business as conducted at the date hereof, or engage in any type of business not reasonably related to its Borrower's business as presently conducted.

Appears in 1 contract

Samples: Loan Agreement (Intervoice Inc)