Existence; Business. Borrower shall (a) maintain its existence as a Delaware corporation, (b) continue to engage primarily in business of the same general character as that now conducted, and (c) refrain from entering into any lines of business substantially different from the business or activities in which Borrower is presently engaged.
Appears in 2 contracts
Samples: Loan Agreement (JP Outfitters, Inc.), Loan Agreement (JP Outfitters, Inc.)
Existence; Business. Borrower shall (a) maintain its existence as a Delaware corporation, (b) continue to engage primarily in business of the same general character as that now conducted, and (c) refrain from entering into any lines of business substantially different from the business or activities in which Borrower is presently engaged.
Appears in 2 contracts
Samples: Birmingham Bloomfield Bancshares, Credit Agreement (Education Lending Group Inc)
Existence; Business. Borrower shall (a) maintain its existence as a Delaware ------------------- corporation, (b) continue to engage primarily in business of the same general character as that now conducted, and (c) refrain from entering into any lines of business substantially different from the business or activities in which Borrower is presently engaged.
Appears in 1 contract
Existence; Business. Each Borrower shall (a) maintain its existence as a Delaware corporationcorporation under the laws of the State of Delaware, (b) continue to engage primarily in business of the same general character as that now conducted, and (c) refrain from entering into any lines of business substantially different from the business or activities in which such Borrower is presently engaged.
Appears in 1 contract
Samples: Credit Agreement (Windsortech Inc)
