Continuation of or Change in Business. None of the Loan Parties shall engage in any business other than the business of the Loan Parties and their Subsidiaries, substantially as conducted and operated by the Loan Parties and their Subsidiaries, taken as a whole, as of the Closing Date or business that supports or is complimentary to such business, and the Loan Parties shall not permit any material change in the nature of such business.
Appears in 8 contracts
Samples: Credit Agreement (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc), Revolving Credit Facility (CONSOL Energy Inc)
Continuation of or Change in Business. None Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than if, as a result, the general nature of the business of the Loan Parties and their Subsidiaries, substantially as conducted and operated by in which the Loan Parties and their Subsidiaries, taken as a whole, as would then be engaged would be substantially changed from the general nature of the Closing Date or business that supports or is complimentary to such business, and in which the Loan Parties shall not permit any material change in and their Subsidiaries, taken as a whole, are engaged on the nature of such businessClosing Date.
Appears in 5 contracts
Samples: Credit Agreement (Park Electrochemical Corp), Revolving Credit Agreement (EPAM Systems, Inc.), Credit Agreement (Park Electrochemical Corp)
Continuation of or Change in Business. None No Loan Party shall, and no Loan Party shall permit any of the Loan Parties shall its Subsidiaries to, engage in any business other than that is not similar or complementary to the business of the Loan Parties and their Subsidiaries, substantially as conducted and operated by the Loan Parties and their Subsidiaries, taken as a whole, in which they engage as of the Closing Date or business that supports or is complimentary to such businessDate, and the such Loan Parties Party or Subsidiary shall not permit any material change in the nature of such business.
Appears in 4 contracts
Samples: Credit Agreement (Gsi Commerce Inc), Credit Agreement (Gsi Commerce Inc), Credit Agreement (Gsi Commerce Inc)
Continuation of or Change in Business. None No Loan Party shall, nor shall any Loan Party permit any of the Loan Parties shall its Subsidiaries to, engage in any business other than the business of owning, constructing, managing and operating Communications Systems, or other lines of business necessary or ancillary to the Loan Parties and their Subsidiariesforegoing, substantially as conducted and operated by consistent with advances in the Loan Parties and their SubsidiariesCommunications Systems industry, taken as a whole, as or an otherwise reasonably related or complimentary extension of the Closing Date or business that supports or is complimentary to such business, and the Loan Parties shall not permit any material change in the nature of such businessforegoing.
Appears in 4 contracts
Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)
Continuation of or Change in Business. None of the No Loan Parties Party shall engage in any business other than the business of the such Loan Parties and their Subsidiaries, Party as substantially as conducted and operated by the Loan Parties and their Subsidiaries, taken as a whole, in effect as of the Closing Date or business that supports or is complimentary to such business, date of this Agreement and the Loan Parties shall will not permit any material change in the nature operation of such businessthe Business.
Appears in 2 contracts
Samples: Credit Agreement (ExOne Co), Credit Agreement (ExOne Co)
Continuation of or Change in Business. None Each of the Loan Parties shall not engage in any business other than the business businesses of the Loan Parties and their SubsidiariesParties, substantially as conducted and operated by the Loan Parties and their SubsidiariesParties, taken as a whole, as of the Closing Date or business that supports or is complimentary to such business, and the such Loan Parties Party shall not permit any material change in the nature of such business.
Appears in 1 contract
Samples: Credit Agreement (Consol Energy Inc)
Continuation of or Change in Business. None of the No Loan Parties Party shall engage in any business other than the business of the such Loan Parties and their Subsidiaries, Party as substantially as conducted and operated by the Loan Parties and their Subsidiaries, taken as a whole, in effect as of the Closing Date or business that supports or is complimentary to such business, date of this Agreement and the Loan Parties shall will not permit any material change in the nature operation of such the BusinessBorrower’s business.
Appears in 1 contract
Samples: Credit Agreement (ExOne Co)
Continuation of or Change in Business. None of the Loan Parties shall engage in any business other than the business of the Loan Parties and their Subsidiaries, substantially as conducted and operated by the Loan Parties and their Subsidiaries, taken as a whole, as of the Closing Date or business that supports or is complimentary to such businesswhich they currently conduct, and the Loan Parties shall not permit any material change other activities reasonably incidental thereto or which are in the nature of such businessfurtherance thereof or supplemental thereto.
Appears in 1 contract
Samples: Convertible Revolving Credit Facility (Ptek Holdings Inc)
Continuation of or Change in Business. None of the Loan Parties shall engage in any business other than the business distribution of and the Loan Parties wholesale and their Subsidiariesretail sale of general merchandise, substantially as conducted and operated by such Loan Party during the Loan Parties and their Subsidiaries, taken as a whole, as of the Closing Date or business that supports or is complimentary to such businesspresent fiscal year, and the such Loan Parties Party shall not permit any material change in the nature of such business. This Section 7.
Appears in 1 contract
Samples: Credit Agreement (Big Lots Inc)
Continuation of or Change in Business. None Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, engage in any business other than the business of the Loan Parties and their Subsidiaries, substantially as conducted and operated by the such Loan Parties and their Subsidiaries, taken as a whole, as of Party or Subsidiary on the Closing Date or and business that supports or is complimentary directly related to such existing business, and the such Loan Parties Party or Subsidiary shall not permit any material change in the nature of such business.. CREDIT AGREEMENT
Appears in 1 contract