Common use of Continuance of Business Clause in Contracts

Continuance of Business. Borrower shall not to a material extent engage in any line of business other than (i) such businesses as are permitted for a commercial finance company or a business development company, and/or (ii) such other businesses as to which Borrower is actively engaged on the Closing Date, and/or (iii) such other lines of business as to which Lender shall consent (such consent not to be unreasonably withheld, delayed or conditioned).

Appears in 4 contracts

Samples: Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp), Revolving Credit Agreement (MCG Capital Corp)

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Continuance of Business. Borrower shall not to a material extent engage in any line of business other than (i) such businesses as are permitted for a commercial finance company or a business development company, company and/or (ii) such other businesses as to which Borrower is actively engaged on the Closing Date, and/or (iii) such other lines of business as to which Lender shall consent (such consent not to be unreasonably withheld, delayed or conditioned)date hereof.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (MCG Capital Corp)

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Continuance of Business. Borrower shall not to a material extent engage in any line of business other than (i) such businesses as are permitted for a commercial finance company or a business development company, and/or (ii) such other businesses as to which Borrower is actively engaged on the Closing Date, and/or (iii) such other lines of business as to which Lender Required Lenders shall consent (such consent not to be unreasonably withheld, delayed or conditioned).

Appears in 1 contract

Samples: Revolving Credit Agreement (MCG Capital Corp)

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