Common use of Existence; Business Clause in Contracts

Existence; Business. Borrower will (a) maintain its existence, (b) 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 4 contracts

Samples: Credit Agreement (Bioanalytical Systems Inc), Credit Agreement (Ogara Co /Oh/), Credit Agreement (Obsidian Enterprises Inc)

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Existence; Business. Borrower will (a) maintain its existenceexercise, (b) 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

Samples: Master Note (Peoples Bancorp Inc)

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