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

Continuation of or Change in Business. Each of the Loan Parties will not, nor will it permit any of its Subsidiaries to, alter the character of the business of the Loan Parties and their Subsidiaries, taken as a whole, in any material respect from that conducted as of the Closing Date.

Appears in 5 contracts

Samples: Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co), Credit Agreement (Glatfelter P H Co)

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Continuation of or Change in Business. Each of the Loan Parties will shall not, nor will it and shall not permit any of its Subsidiaries to, alter engage in any business if, as a result, the character general nature of the business of in which the Loan Parties and their Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in any material respect from that conducted which the Loan Parties and their Subsidiaries, taken as of a whole, are engaged on the Closing Date.

Appears in 5 contracts

Samples: Credit Agreement (Park Electrochemical Corp), Credit Agreement (EPAM Systems, Inc.), Credit Agreement (Park Electrochemical Corp)

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