Common use of Limitation on Changes in Lines of Business Clause in Contracts

Limitation on Changes in 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.

Appears in 8 contracts

Samples: Intra Group Green Loan Agreement (Avangrid, Inc.), Intra Group Credit Agreement (Avangrid, Inc.), Term Loan Agreement (PNM Resources Inc)

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

Appears in 5 contracts

Samples: Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement

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

Appears in 1 contract

Samples: Revolving Credit Agreement (Iberdrola USA, Inc.)

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