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 a Permitted Business.
Appears in 7 contracts
Samples: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Term Loan 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 Unregulated Subsidiaries to, engage in any business other than a Permitted Businessthe 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), Revolving Credit Facility (MSA Safety Inc), Revolving Credit Facility (MSA Safety 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 a Permitted Businessits current business, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year, and such Loan Party or Subsidiary shall not permit any material change in such business.
Appears in 5 contracts
Samples: Credit Agreement (Armstrong Coal Company, Inc.), Credit Agreement (Armstrong Energy, Inc.), Credit Agreement (Armstrong Resource Partners, L.P.)
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 a the business of each Loan Party or Unregulated Subsidiary substantially as conducted and operated by such Loan Party or Unregulated Subsidiary during the present fiscal year, and any line of business or business activity related or complementary to the business of the Loan Parties conducted as of the Closing Date, including without limitation Permitted BusinessRelated Business Opportunities.
Appears in 3 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 Unregulated Subsidiaries to, engage in any business other than a Permitted Businessthe design, development, marketing, sale and distribution of branded performance products and related businesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year, and such Loan Party or Subsidiary shall not permit any material change in such business.
Appears in 3 contracts
Samples: Credit Agreement (Under Armour, Inc.), Credit 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 Unregulated Subsidiaries to, engage in any business other than a the Permitted 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 Unregulated Subsidiaries to, engage in any business other than a Permitted Businessthe design, development, marketing, sale and distribution of branded performance products and related businesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year.
Appears in 2 contracts
Samples: Credit 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 Unregulated Subsidiaries to, engage in any business other than a Permitted Businessthe business conducted by the Loan Parties as of the Closing Date, and such Loan Party or Subsidiary shall not permit any material change in such business.
Appears in 2 contracts
Samples: Credit Agreement (Too, Inc.), Credit Agreement (Too 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 a Permitted Businesssuch businesses which are reasonably related to one or more lines of business conducted and operated by the Loan Parties and their Subsidiaries during the present fiscal year or are similar or incidental 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 Unregulated Subsidiaries to, at any time, engage in any business other than a Permitted Businessthe business, operated by any Loan Party or Subsidiary during the present fiscal year, and such Loan Party or Subsidiary 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 Unregulated Subsidiaries to, engage in any business other than such business which are substantially as conducted and operated by such Loan Party or Subsidiary as of the Closing Date or any business activity that is a Permitted Businessreasonable extension, development or expansion thereof or ancillary thereto.
Appears in 2 contracts
Samples: Credit Agreement (Vertex, Inc.), Credit Agreement (Vertex, Inc.)
Continuation of or Change in Business. Each of the The Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries Subsidiary to, engage in any business other than a Permitted Business.
Appears in 2 contracts
Samples: Credit Agreement (Interface Security Systems, L.L.C.), Credit Agreement (Interface Security Systems Holdings 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 a Permitted Line of Business, and such Loan Party or Subsidiary shall not permit any material change in such business.
Appears in 1 contract
Samples: Credit Agreement (Phymatrix 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 a Permitted Businessthe business of the Loan Parties, as conducted and operated by such Loan Party or Subsidiary on the Closing Date.
Appears in 1 contract
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 a Permitted Businessthe sale, generation, transmission or storage of energy, the provision of energy related services, any other business conducted and operated by such Loan Party or Unregulated Subsidiary during the present fiscal year, and any line of business or business activity related, ancillary or complementary to any of the foregoing.
Appears in 1 contract
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 businesses other than a Permitted Businessthe respective current businesses thereof and any similar, ancillary or related businesses.
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 Unregulated Subsidiaries to, engage in any business other than a Permitted Businessthat which involves the design, manufacture, sale or distribution of medical devices and equipment or other businesses reasonably related thereto.
Appears in 1 contract
Continuation of or Change in Business. Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, directly or indirectly, engage in any business business, other than a Permitted Businesssubstantially as conducted and operated by such entity during the present fiscal year.
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 Unregulated Subsidiaries to, engage in any business other than the oilfield service industry or businesses reasonably related to a Permitted business in which the Loan Parties and such Subsidiaries are engaged at the time of determination, provided that the Qualified Domestic Captive Insurance Companies shall not engage in any business, except for the Insurance Business and any Foreign Subsidiary may engage in the Insurance Business.
Appears in 1 contract
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 a Permitted their current lines of business (collectively, the "Business"), substantially as conducted and operated by the Loan Parties and their Subsidiaries during the present fiscal year, and the Loan Parties and their Subsidiaries shall not permit any material change in the Business.
Appears in 1 contract
Samples: Credit Agreement (Roundys 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 a Permitted Businesstheir current businesses, substantially as conducted and operated by such Loan Party or Subsidiary as of the Closing Date and any other businesses that reasonably relate thereto, and such Loan Party or Subsidiary shall not permit any material change in such business.
Appears in 1 contract
Samples: Revolving 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 Unregulated Subsidiaries to, engage in any business other than a Permitted Businessthe business conducted by the Loan Parties as of the Closing Date or reasonably incidental thereto, and such Loan Party or Subsidiary shall not permit any material change in such business.
Appears in 1 contract
