Line of Business. No Credit Party shall, and shall not permit any of its Subsidiaries to, change the character of the Borrower’s and its Subsidiaries collective business as conducted on the Effective Date, or engage in any type of business not reasonably related to the Borrower’s and its Subsidiaries collective business as presently and normally conducted.
Appears in 10 contracts
Samples: Credit Agreement (Hi-Crush Inc.), Credit Agreement (Hi-Crush Partners LP), Credit Agreement (Hi-Crush Partners LP)
Line of Business. No Credit Party shall, and shall not permit any of its Subsidiaries to, change the character of the Borrower’s and its Subsidiaries collective business as conducted on the Effective Closing Date, or engage in any type of business not reasonably related to the Borrower’s and its Subsidiaries collective business as presently and normally conducted.
Appears in 7 contracts
Samples: Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)
Line of Business. No Credit Party shall, and nor shall not it permit any of its Subsidiaries to, change the character of the Borrower’s and its Subsidiaries collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to to, or a normal extension of, the Borrower’s and its Subsidiaries Subsidiaries’ collective business as presently and normally conducted, it being understood that any oilfield service business is reasonably related to such collective business.
Appears in 6 contracts
Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)
Line of Business. No Credit Party shall, and nor shall not it permit any of its Restricted Subsidiaries to, make any material change to the character of the Borrower’s and its Subsidiaries Restricted Entities’ collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to the Borrower’s and its Subsidiaries Restricted Entities’ collective business as presently and normally conducted.
Appears in 5 contracts
Samples: Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.)
Line of Business. No Credit Party shall, and shall not permit any of its Restricted Subsidiaries to, change the character of the Borrower’s and its Restricted Subsidiaries collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to to, or a normal extension of, the Borrower’s and its Restricted Subsidiaries collective business as presently and normally conducted.
Appears in 5 contracts
Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Forum Energy Technologies, Inc.), Credit Agreement (Forum Energy Technologies, Inc.)
Line of Business. No Credit Party shall, and shall not permit any of its Subsidiaries to, change the character of the Borrower’s and its Subsidiaries collective business as conducted on or immediately prior to the Effective Date, or engage in any type of business not reasonably related to the Borrower’s and its Subsidiaries collective business as presently and normally conductedof or immediately prior to the Effective Date subject to the Credit Parties rights to consummate Acquisitions or other investments in accordance with the terms of this Agreement.
Appears in 3 contracts
Samples: Possession Credit Agreement (Carbo Ceramics Inc), Restructuring Support Agreement (Carbo Ceramics Inc), Credit Agreement (Carbo Ceramics Inc)
Line of Business. No Credit Party shall, and shall not permit any of its Subsidiaries to, change the character of the Borrower’s and its Subsidiaries collective business as conducted on the Effective Date, or engage in any type of business not reasonably related to the Borrower’s and its Subsidiaries collective business as presently and normally conductedof the Effective Date.
Appears in 3 contracts
Samples: Credit Agreement (Carbo Ceramics Inc), Credit Agreement (Carbo Ceramics Inc), Credit Agreement (Carbo Ceramics Inc)
Line of Business. No Credit Party shall, and shall not permit any of its Subsidiaries to, change the character of the Borrower’s and its Subsidiaries collective business as conducted on the Effective Petition Date, or engage in any type of business not reasonably related to the Borrower’s and its Subsidiaries collective business as presently and normally conducted.
Appears in 3 contracts
Samples: Credit Agreement (Hi-Crush Inc.), Possession Credit Agreement (Hi-Crush Inc.), Possession Credit Agreement (Hi-Crush Inc.)
Line of Business. No Credit Party shall, and shall not permit any of its Restricted Subsidiaries to, change the character of the US Borrower’s and its Restricted Subsidiaries collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to to, or a normal extension of, the US Borrower’s and its Restricted Subsidiaries collective business as presently and normally conducted.
Appears in 2 contracts
Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)
Line of Business. No Credit Party shall, and shall not permit any of its Subsidiaries to, change the character of the Borrower’s Parent's and its Subsidiaries collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to the Borrower’s Parent's and its Subsidiaries collective business as presently and normally conducted.
Appears in 1 contract
Samples: Credit Agreement (Boots & Coots International Well Control Inc)
Line of Business. No Credit Party shall, and shall not permit any of its Restricted Subsidiaries to, change the character of the BorrowerParent’s and its Restricted Subsidiaries collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to the Borrowerto, or a normal extension of, Parent’s and its Restricted Subsidiaries collective business as presently and normally conducted.
Appears in 1 contract
Line of Business. No Credit Party shall, and shall not permit any of its Restricted Subsidiaries to, change the character of the Borrower’s Parent's and its Restricted Subsidiaries collective business as conducted on the Effective Datedate of this Agreement, or engage in any type of business not reasonably related to the Borrower’s to, or a normal extension of, Parent's and its Restricted Subsidiaries collective business as presently and normally conducted.
Appears in 1 contract
