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

Continuation of or Change in Business. Neither the Borrower nor any Subsidiary of the Borrower shall engage in any business other than the business activities of such Persons substantially as conducted and operated by the Borrower and its Subsidiaries on the Closing Date, and the Borrower shall not permit any material change in such business.

Appears in 4 contracts

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Rti International Metals Inc), Revolving Credit and Letter of Credit Issuance Agreement (Rmi Titanium Co), Revolving Credit and Letter of Credit Issuance Agreement (Pitt Des Moines Inc)

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Continuation of or Change in Business. Neither The Borrower shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the business substantially as conducted and operated by the Borrower or such Subsidiary as of the Closing Date and any business substantially related thereto, and neither the Borrower nor any Subsidiary of the Borrower shall engage in any business other than the business activities of such Persons substantially as conducted and operated by the Borrower and its Subsidiaries on the Closing Date, and the Borrower shall not permit any material change in such business.

Appears in 2 contracts

Samples: Credit Agreement (Arch Coal Inc), Credit Agreement (Mountain Coal Co LLC)

Continuation of or Change in Business. Neither the ------------------------------------- Borrower nor any Subsidiary of the Borrower shall engage in any business other than the information technology business activities of such Persons substantially as conducted and operated by the Borrower and its Subsidiaries on the Closing Dateor a business related thereto, and the Borrower shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Mastech Corp)

Continuation of or Change in Business. Neither the Borrower nor any ------------------------------------- Subsidiary of the Borrower shall engage in any business other than the business activities of such Persons substantially as conducted and operated by the Borrower and its Subsidiaries on during the Closing DateFiscal Year ended July 31, 1997, and the Borrower shall not permit any material change in such business.

Appears in 1 contract

Samples: Revolving Credit and Letter of Credit Issuance Agreement (Carbide Graphite Group Inc /De/)

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Continuation of or Change in Business. Neither the Borrower nor ------------------------------------- any Subsidiary of the Borrower shall engage in any business other than the information technology business activities of such Persons substantially as conducted and operated by the Borrower and its Subsidiaries on the Closing Dateor a business related thereto, and the Borrower shall not permit any material change in such business.

Appears in 1 contract

Samples: Credit Agreement (Igate Capital Corp)

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