INVESTMENTS; LINE OF BUSINESS Sample Clauses

INVESTMENTS; LINE OF BUSINESS. Pledgor agrees that:
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INVESTMENTS; LINE OF BUSINESS. Neither the Borrower nor any Subsidiary will make or acquire any Investment in any Person, exclusive of loans and advances to employees in the ordinary course of business, which loans or advances, in the aggregate, at any time in excess of $500,000 outstanding.
INVESTMENTS; LINE OF BUSINESS 

Related to INVESTMENTS; LINE OF BUSINESS

  • Line of Business The Company will not and will not permit any Subsidiary to engage in any business if, as a result, the general nature of the business in which the Company and its Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

  • Fundamental Changes, Line of Business No Borrower shall amend its organizational documents or change its Fiscal Year or enter into a new line of business materially different from such Borrower's current business unless (i) such actions would not have a Material Adverse Effect on such Borrower; (ii) such actions would not affect the obligations of such Borrower to Lender; (iii) such actions would not affect the interpretation of any of the terms of this Agreement or the Other Agreements and (iv) Lender has received ten (10) days prior written notice of such amendment or change.

  • Lines of Business Enter into any business, either directly or through any Subsidiary, except for those businesses in which the Borrower and its Subsidiaries are engaged on the date of this Agreement or that are reasonably related thereto.

  • Limitation on Line of Business The Company shall not, and shall not permit any Restricted Subsidiary, to engage in any business other than a Related Business.

  • Restricted Investments Make any Restricted Investment.

  • Scope of Business The Borrower shall, and shall cause each Significant Subsidiary to, engage primarily in energy-related businesses.

  • Current Locations (a) The chief executive office of each Grantor is located at the address set forth opposite its name below: Grantor Mailing Address County State

  • Change in Business or Credit and Collection Policy The Seller will not make any change in the character of its business or in the Credit and Collection Policy that would, in either case, materially adversely affect the collectibility of the Receivables Pool or the ability of the Seller to perform its obligations under this Agreement.

  • Sale of Business Entered into any contract for the sale of the Business, or any part thereof, or for the purchase of another business, whether by merger, consolidation, exchange of capital stock or otherwise (other than negotiations with respect to this Agreement);

  • Character of Business Change the general character of business as conducted at the date hereof, or engage in any type of business not reasonably related to its business as presently conducted.

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