Limitation on Nature of Business Sample Clauses
Limitation on Nature of Business. The Borrower and the Restricted Subsidiaries will remain engaged in lines of business related to the businesses in which the Borrower and its Restricted Subsidiaries are currently engaged.
Limitation on Nature of Business. Borrower and its Subsidiaries will not at any time make any material change in the nature of their collective business as carried on at the date hereof or undertake, conduct or transact any business in a manner prohibited by applicable law.
Limitation on Nature of Business. The Issuer shall not, and shall not permit or cause any of its Subsidiaries to, engage or enter into any business other than, directly or indirectly the ownership, operation and maintenance of the Plants and activities incidental thereto.
Limitation on Nature of Business. Neither the Borrower nor the Management Company nor any Subsidiary of the Borrower will at any time make any material alterations in the nature or character of the business of the Borrower, the Management Company and any such Subsidiaries, taken as a whole, as carried on at the date hereof, or undertake, conduct or transact any business in a manner prohibited by applicable law.
Limitation on Nature of Business. The Company shall not engage in any business other than the development, acquisition, construction, leasing, operation and financing of the Project as contemplated by the Transaction Documents as in effect as of the Effective Date (unless subsequently amended with the written consent of the Required Priority Lenders).
Limitation on Nature of Business. No Credit Party or its Subsidiaries shall at any time make any change in any of any Credit Party’s primary business objectives, purposes and operations or enter into any lines of business substantially different from the business or activities which, in each case, each Credit Party and its Subsidiaries are presently engaged.
Limitation on Nature of Business. At any time -------------------------------- undertake, conduct or transact, directly or indirectly, any business except the business in which it is presently engaged and any other businesses reasonably incidental or related thereto, or undertake, conduct or transact any business in a manner prohibited by Applicable Law.
Limitation on Nature of Business. Enter into any business, either directly or through a Subsidiary, except for (i) any business in which Borrower or the applicable Subsidiary is engaged on the date hereof, (ii) any business that is reasonably related thereto, or (iii) any business that is in substantially the same industry as any business conducted by Borrower or such Subsidiary on the date hereof.
Limitation on Nature of Business. At any time undertake, conduct or transact, directly or indirectly, any business except the business in which it is presently engaged and any other businesses reasonably incidental or related thereto, or undertake, conduct or transact any business in a manner prohibited by Applicable Law.
Limitation on Nature of Business. No Loan Party shall change the nature of its business or expand its business beyond the business contemplated by the Transaction Documents as in effect on the Closing Date.