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 other business than now engaged in by one or more of the Loan Parties or their Subsidiaries, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries..
Appears in 2 contracts
Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)
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 business than now engaged in by one or more the distribution and sale of the Loan Parties or their Subsidiariesimaging, publishing and printing products, systems integration and related services 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 2 contracts
Samples: Credit Agreement (Primesource Corp), Revolving Credit Facility (Primesource 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 business than now engaged in by one or more the refining, distribution and sale of petroleum and petroleum products and the Loan Parties or their Subsidiariesownership and operation of retail convenience stores and supermarkets, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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 business than now engaged in by one the manufacture, sale, processing, distribution or more finishing of the Loan Parties or their Subsidiariesspecialty materials, and related lines of 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 2 contracts
Samples: Revolving Credit Facility (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 other business than now engaged in by one or more of the Loan Parties or their Subsidiariesrespective businesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year, or reasonable extensions thereof including the furnishing of development and management services to third parties, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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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 business than now engaged in by one or more the Line of the Loan Parties or their Subsidiaries, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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 business than now engaged in by one or more the wholesale and retail sale of the Loan Parties or their Subsidiariesgeneral merchandise, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries... This
Appears in 1 contract
Samples: Credit Agreement (Big Lots 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 business than now engaged in by one or more of the Loan Parties or their Subsidiaries, as substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal yearyear and businesses reasonably related thereto, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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 business other business than now engaged in by one or more of the Loan Parties or their Subsidiaries, physical and electronic security and technology-based integrated justice system solutions substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year, or is reasonably related thereto, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
Samples: Credit Agreement (Compudyne 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 business than now engaged the development, manufacture, marketing and servicing of a variety of medical devices, instruments and medical and surgical products for use in by one or more of the Loan Parties or their Subsidiariesrespiratory, neurocare and medical and surgical product markets substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal yearyear or as now planned, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
Samples: Senior Multi Currency Revolving Credit Facility (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 business than now engaged in by one or more of the Loan Parties or their Subsidiaries, as substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal yearyear and such businesses as are reasonably related thereto and accretive to such Loan Party’s business, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
Samples: Credit 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 business other business than now engaged in by one or more of the Loan Parties or their Subsidiaries, owning and operating restaurants substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal yearyear and related support functions, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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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 business than now engaged in by one or more the delivery, management and coordination of the Loan Parties or their Subsidiarieshome health care services, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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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 lines of business other business than now engaged in by one or more ones complementary to those of the Loan Parties or their Subsidiaries, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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 business than now engaged in by one or more ones complimentary to those of the Loan Parties or their Subsidiaries, parties 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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 a business than now engaged in by one or more of that the Loan Parties or their Subsidiariesare currently engaged in, substantially as conducted and operated by such the Loan Party Parties or Subsidiary their Subsidiaries during the present fiscal year, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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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 business than now engaged in by one or more the existing lines of the Loan Parties or their Subsidiariesbusiness, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
Samples: Senior Secured Revolving Credit Facility (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 business than now engaged in by one or more of the Loan Parties or their Subsidiaries, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal yearyear and reasonable extensions of such business, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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 business than now engaged in by one or more of the Loan Parties or their Subsidiariesbusiness, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
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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 business than now engaged in by one or more of the Loan Parties or their Subsidiaries, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
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 business than now engaged in by one or more of the Loan Parties or their Subsidiariesrespective businesses, substantially as conducted and operated by such Loan Party or Subsidiary during the present fiscal year, or reasonable extensions thereof, including the furnishing of development and management services to third parties, and such Loan Party or Subsidiary shall not permit any material change in such business, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
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 business than now engaged in by one or more the development, manufacturing, sales and administration of the Loan Parties or their Subsidiariessafety products and related items, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract
Samples: Revolving Credit Facility (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 to, engage in any business other than the business than now engaged in by one or more of the Loan Parties or their Subsidiaries, 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, provided, however, that the Receivables Entity may engage in the business of purchasing accounts receivable from the Company and its Subsidiaries...
Appears in 1 contract