Common use of Continuation of or Change in Business Clause in Contracts

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary thereto.

Appears in 6 contracts

Samples: Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc), Credit Agreement (MSA Safety Inc)

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Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary theretoa Permitted Business.

Appears in 6 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Term Loan Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related itemsits current business, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 5 contracts

Samples: Intercreditor Agreement (Armstrong Coal Company, Inc.), Credit Agreement (Armstrong Energy, Inc.), Security Agreement (Armstrong Energy, Inc.)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially same business as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and other lines of consulting services businesses which are substantially related, incidental the same or ancillary theretosubstantially similar as one or more lines of business then conducted by the Loan Parties and their Subsidiaries.

Appears in 3 contracts

Samples: Credit Agreement (KPMG Consulting Inc), Credit Agreement (KPMG Consulting Inc), Credit Agreement (KPMG Consulting Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration business of safety products and related items, each Loan Party or Unregulated Subsidiary substantially as conducted and operated by such Loan Party or Unregulated Subsidiary during the present fiscal year year, and businesses substantially relatedany line of business or business activity related or complementary to the business of the Loan Parties conducted as of the Closing Date, incidental or ancillary theretoincluding without limitation Permitted Related Business Opportunities.

Appears in 3 contracts

Samples: Credit Agreement (New Jersey Resources Corp), Assignment and Assumption Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially business as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and other related businesses substantially relatedin the hydraulic and electronic control systems industries, incidental and adjacent, ancillary or ancillary theretoreasonably related industrial goods businesses, including, without limitation, businesses that are related vertically in the same industry or channel to market.

Appears in 3 contracts

Samples: Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.), Credit Agreement (Helios Technologies, Inc.)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the design, development, manufacturingmarketing, sales sale and administration distribution of safety branded performance products and related itemsbusinesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 3 contracts

Samples: Intercompany Subordination Agreement (Under Armour, Inc.), Intercompany Subordination Agreement (Under Armour, Inc.), Intercompany Subordination Agreement (Under Armour, Inc.)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 3 contracts

Samples: Credit Agreement (Pegasystems Inc), Credit Agreement (Rainbow Rentals Inc), Credit Agreement (Audio Communications Network Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business or operations other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially relatedbusiness or operations complimentary thereto, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 3 contracts

Samples: Credit Agreement (Ii-Vi Inc), Continuing Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentdistribution and sale of imaging, manufacturingpublishing and printing products, sales and administration of safety products systems integration and related items, services substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Primesource Corp), Credit Agreement (Primesource Corp)

Continuation of or Change in Business. Each of the The Loan Parties shall not, and shall not permit any of its their Subsidiaries to, engage in any business other than the developmentretail catalogue business, manufacturingthe ownership and use of related intellectual property, sales and administration the maintenance, sale and servicing of safety products trade and related items, customer receivables arising therefrom or in connection therewith substantially as conducted and operated by such Loan Party Borrower or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Blair Corp), Credit Agreement (Blair Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentmanufacture, manufacturingsale, sales and administration processing, distribution or finishing of safety products specialty materials, and related itemslines of business, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Allegheny Technologies Inc), Credit Agreement (Allegheny Technologies Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business or operations other than ones complimentary to those of the development, manufacturing, sales and administration of safety products and related items, Loan parties substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Joinder and Assumption Agreement (Ii-Vi Inc), Credit Agreement (Ii-Vi Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, at any time, engage in any business other than the developmentbusiness, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such any Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Champion Enterprises Inc), Credit Agreement (Champion Enterprises Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the design, development, manufacturingmarketing, sales sale and administration distribution of safety branded performance products and related itemsbusinesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary theretoyear.

Appears in 2 contracts

Samples: Joinder and Assumption Agreement (Under Armour, Inc.), Credit Agreement (Under Armour, Inc.)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary theretoPermitted Business.

Appears in 2 contracts

Samples: Credit Agreement and Security Agreement (Paylocity Holding Corp), Credit Agreement (Paylocity Holding Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration such businesses which are reasonably related to one or more lines of safety products and related items, substantially as business conducted and operated by such the Loan Party or Subsidiary Parties and their Subsidiaries during the present fiscal year and businesses substantially related, or are similar or incidental or ancillary thereto.

Appears in 2 contracts

Samples: Credit Agreement (Healthcare Services Group Inc), Credit Agreement (Healthcare Services Group Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentrefining, manufacturing, sales distribution and administration sale of safety petroleum and petroleum products and related itemsthe ownership and operation of retail convenience stores and supermarkets, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Vulcan Asphalt Refining Corp), Credit Agreement (Bell Oil Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentrefining, manufacturingtransportation, sales shipping, distribution and administration sale of safety petroleum and petroleum products and other motor fuels, additives and constitutents of any thereof and the ownership and operation of retail convenience stores and supermarkets and businesses directly related itemsthereto, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Kwik Fil Inc), Credit Agreement (Super Test Petroleum Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related itemsbusiness, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Elgin National Industries Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentdelivery, manufacturing, sales management and administration coordination of safety products and related itemshome health care services, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Guaranty and Suretyship Agreement (Option Care Inc/De)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related itemstheir respective businesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, or reasonable extensions thereof, including the furnishing of development and businesses substantially relatedmanagement services to third parties, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than a business that the development, manufacturing, sales and administration of safety products and related itemsLoan Parties are currently engaged in, substantially as conducted and operated by the Loan Parties or their Subsidiaries during the present fiscal year, and such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary theretoshall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (O'Gara Group, Inc.)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any material line of business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially relatedany business or other activities that are reasonably similar, incidental ancillary, incidental, complementary or ancillary thereto.related thereto or a reasonable extension or expansion thereof. 70

Appears in 1 contract

Samples: Credit Agreement (Gentex Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than ones complimentary to those of the development, manufacturing, sales and administration of safety products and related items, Loan parties substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentproviding technology solutions to help its customers design, manufacturingbuild, sales manage and administration of safety products and related itemssecure their information technology networks, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, complementary, adjacent incidental or ancillary thereto.

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturingmanufacture, sales marketing and administration servicing of safety a variety of medical devices, instruments and medical and surgical products for use in the respiratory, neurocare and related items, medical and surgical product markets substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year or as now planned, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Viasys Healthcare Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration business of safety products and related items, the Loan Parties substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Pledge Agreement (Internet Capital Group Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration Line of safety products and related items, Business substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Rent Way Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially relatedreasonable extensions of such business, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Linc Net Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, business substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Corrpro Companies Inc /Oh/)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than their current lines of business (collectively, the development, manufacturing, sales and administration of safety products and related items"Business"), substantially as conducted and operated by such the Loan Party or Subsidiary Parties and their Subsidiaries during the present fiscal year year, and businesses substantially related, incidental or ancillary theretothe Loan Parties and their Subsidiaries shall not permit any material change in the Business.

Appears in 1 contract

Samples: Credit Agreement (Roundys Inc)

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Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, as substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and such businesses substantially relatedas are reasonably related thereto and accretive to such Loan Party’s business, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Intercompany Subordination Agreement (Sl Industries Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any material line of business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially relatedany business or other activities that are reasonably similar, incidental ancillary, incidental, complementary or ancillary theretorelated thereto or a reasonable extension or expansion thereof.

Appears in 1 contract

Samples: Credit Agreement (Gentex Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business businesses other than the developmentrespective current businesses thereof and any similar, manufacturing, sales and administration of safety products and ancillary or related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary theretobusinesses.

Appears in 1 contract

Samples: Credit Agreement (Ferroglobe PLC)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales owning and administration of safety products and related items, operating restaurants substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially relatedrelated support functions, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Papa Johns International Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, directly or indirectly, engage in any business business, other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary entity during the present fiscal year and businesses substantially related, incidental or ancillary theretoyear.

Appears in 1 contract

Samples: Credit Agreement (Orius Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially business as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and other related businesses substantially relatedin the hydraulic cartridge valve, incidental manifold and electronic control systems industries, and related fluid power technology sectors, and adjacent, ancillary or ancillary thereto.reasonably related capital goods businesses, including, without limitation, businesses that are related vertically in the same product or service distribution channels. 8.2.11

Appears in 1 contract

Samples: Credit Agreement (Sun Hydraulics Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, engage in any business other than the developmentsale, manufacturinggeneration, sales and administration transmission or storage of safety products and energy, the provision of energy related itemsservices, substantially as any other business conducted and operated by such Loan Party or Unregulated Subsidiary during the present fiscal year year, and businesses substantially any line of business or business activity related, incidental ancillary or ancillary theretocomplementary to any of the foregoing.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentproviding technology solutions to help its customers design, manufacturingbuild, sales manage and administration of safety products and related itemssecure their information technology networks, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, complementary, adjacent incidental or ancillary thereto.. 7.2.11

Appears in 1 contract

Samples: Credit Agreement (Black Box Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration business of safety products and related items, each Loan Party or Unregulated Subsidiary substantially as conducted and operated by such Loan Party or Unregulated Subsidiary during the present fiscal year year, and businesses substantially related, incidental any line of business or ancillary theretobusiness activity related or complementary to the business of the Loan Parties conducted as of the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (New Jersey Resources Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related itemstheir respective businesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, or reasonable extensions thereof including the furnishing of development and businesses substantially relatedmanagement services to third parties, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Suburban Lodges of America Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration existing lines of safety products and related itemsbusiness, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Shotspotter, Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially business as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and other related businesses substantially relatedin the hydraulic cartridge valve, incidental manifold and electronic control systems industries, and related fluid power technology sectors, and adjacent, ancillary or ancillary theretoreasonably related capital goods businesses, including, without limitation, businesses that are related vertically in the same product or service distribution channels.

Appears in 1 contract

Samples: Credit Agreement (Sun Hydraulics Corp)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than that which involves the developmentdesign, manufacturingmanufacture, sales sale or distribution of medical devices and administration of safety products and equipment or other businesses reasonably related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially related, incidental or ancillary thereto.

Appears in 1 contract

Samples: Credit Agreement (Respironics Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Mine Safety Appliances Co)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries or Joint Ventures to, engage in any business other than the developmentrefining, manufacturingtransportation, sales shipping, distribution and administration sale of safety petroleum and petroleum products and other motor fuels, additives and constituents of any thereof and the ownership and operation of retail convenience stores and supermarkets and businesses directly related itemsthereto, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Country Fair Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the developmentrefining, manufacturingtransportation, sales shipping, distribution and administration sale of safety petroleum and petroleum products and other motor fuels, additives and constituents of any thereof and the ownership and operation of retail convenience stores and supermarkets and businesses directly related itemsthereto, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Independent Gasoline & Oil Co of Rochester)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related itemstheir current businesses, substantially as conducted and operated by such Loan Party or Subsidiary during as of the present fiscal year Closing Date and any other businesses substantially relatedthat reasonably relate thereto, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Superior Well Services, INC)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales and administration of safety products and related items, as substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year and businesses substantially relatedreasonably related thereto, incidental and such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (K12 Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any lines of business other than ones complementary to those of the development, manufacturing, sales and administration of safety products and related items, Loan Parties substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Ii-Vi Inc)

Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the development, manufacturing, sales engineering, machining, forming, distributing and administration supplying of safety products titanium, aluminum, exotic metals and composites and any other business conducted by such Person on the Closing Date, and activities related itemsor incidental thereto, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year year, and businesses substantially related, incidental such Loan Party or ancillary theretoSubsidiary shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Rti International Metals Inc)

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