Common use of Limitation on Nature of Business Clause in Contracts

Limitation on Nature of Business. Borrower will not at -------------------------------- any time make any material change in the nature of its business as carried on at the date hereof or undertake, conduct or transact any business in a manner prohibited by applicable law unless contesting the applicability of such law by appropriate legal proceedings and there exists no reasonable likelihood of the sale or forfeiture of any of the Collateral.

Limitation on Nature of Business. Borrower and its Subsidiaries will not at -------------------------------- any time make any material change in the nature of its their collective business as carried on at the date hereof or undertake, conduct or transact any business in a manner prohibited by applicable law unless contesting the applicability of such law by appropriate legal proceedings and there exists no reasonable likelihood of the sale or forfeiture of any of the Collaterallaw.

Limitation on Nature of Business. The Borrower will not at -------------------------------- any time make any material change in the nature of its business as carried on at the date hereof or undertake, conduct or transact any business in a manner prohibited by applicable law unless contesting the applicability of such law by appropriate legal proceedings and there exists no reasonable likelihood of the sale or forfeiture of any of the CollateralBorrower's assets.

Limitation on Nature of Business. No Borrower will not at -------------------------------- any time make any material change in the nature of its business as carried on at the date hereof hereto or reasonably related, ancillary or supplemental thereto, or undertake, conduct or transact any business in a manner prohibited by applicable law unless contesting the applicability of such law by appropriate legal proceedings and there exists no reasonable likelihood of the sale or forfeiture of any of the Collaterallaw.

Limitation on Nature of Business. Each Borrower will not at -------------------------------- any time make any material change in the nature of its their collective business as carried on at the date hereof or undertake, conduct or transact any business in a manner prohibited by applicable law unless contesting the applicability of such law by appropriate legal proceedings and there exists no reasonable likelihood of the sale or forfeiture of any of the Collaterallaw.

Limitation on Nature of Business. The Borrower will not at -------------------------------- any time make any material change in the nature of its business as carried on at the date hereof or undertake, conduct or transact any business in a manner prohibited by applicable law unless contesting the applicability of such law by appropriate legal proceedings and there exists no reasonable likelihood of the sale or forfeiture of any of the CollateralBorrower’s assets.