Continuation of Business. (i) The Issuer shall not, and shall ensure that no Group Companies shall cease to carry out the general nature or scope of its business, if such cessation would have a Material Adverse Effect.
Appears in 6 contracts
Samples: Bond Agreement (Teekay LNG Partners L.P.), Bond Agreement (Teekay LNG Partners L.P.), Bond Agreement (Teekay Corp)
Continuation of Business. (i) The Issuer shall not, and not cease to carry on the general nature or scope of its business. The Issuer shall ensure that no Group Companies Company shall cease to carry out on the general nature or scope of its business, if such cessation would have a Material Adverse Effect.
Appears in 3 contracts
Samples: Bond Agreement (Teekay Offshore Partners L.P.), Bond Agreement (Teekay Offshore Partners L.P.), Bond Agreement (Teekay Offshore Partners L.P.)
Continuation of Business. (i) The Issuer shall notnot cease to carry on its business, and shall ensure that no other Group Companies Company shall cease to carry out the general nature or scope of its business, business if such cessation of business would have a Material Adverse Effect.
Appears in 1 contract
Samples: Bond Agreement
Continuation of Business. (i) The Issuer shall not, and shall ensure procure that no Group Companies shall Company shall, cease to carry out on the general nature or scope of its business, if such cessation would have a Material Adverse Effect.
Appears in 1 contract
