Nature of Business; Fiscal Year Sample Clauses

Nature of Business; Fiscal Year. (a) Make any change in the principal nature of Guarantor's business, or (b) without the prior written consent of Agent, which consent shall not unreasonably be withheld, change the date of its fiscal year.
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Nature of Business; Fiscal Year. The Borrower and its Restricted Subsidiaries will engage only in material lines of business substantially similar to those lines of business conducted by the Borrower and its Restricted Subsidiaries on the Closing Date or any business reasonably related, complementary or ancillary thereto. The Borrower and its Restricted Subsidiaries will not change their fiscal year from ending on December 31; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change the financial reporting convention specified above to any other financial reporting convention reasonably acceptable to the Administrative Agent (such consent not to be unreasonably withheld or delayed), in which case the Borrower and the Administrative Agent will, and are hereby authorized by the Lenders to, make any adjustments to this Agreement and the other Loan Documents that are necessary in order to reflect such change in financial reporting.
Nature of Business; Fiscal Year. Neither Parent nor any of its Subsidiaries will (i) engage to any material extent in any business other than businesses of the type conducted by Parent and its Subsidiaries on the date of execution of the Agreement and businesses which are reasonably similar, complementary, ancillary or otherwise related thereto or (ii) change its fiscal year.”
Nature of Business; Fiscal Year. (a) Each Group Member shall continue to engage in any material lines of business which are not substantially different from those lines of business conducted by the Group Members on the Closing Date or any business reasonably related, complementary, synergistic or ancillary thereto or reasonable extensions thereof (including any geographical expansion of the business).
Nature of Business; Fiscal Year. (a) Make any change in the principal nature of Debtor's business, or (b) without the prior written consent of Foothill, which consent shall not unreasonably be withheld, change the date of its fiscal year.
Nature of Business; Fiscal Year. (a) Make any change in the principal nature of such Debtor’s business, as such business is described in Section 6.01(l) of the Financing Agreement, or (b) without the prior written consent of Collateral Agent, which consent shall not unreasonably be withheld, change the date of its fiscal year.
Nature of Business; Fiscal Year. Make any change in the principal nature of Guarantor's business.
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Nature of Business; Fiscal Year. Make any change in the principal nature of Guarantor's business, or (b) without the prior written consent of Agent, which consent shall not unreasonably be withheld, change the date of its fiscal year. Transactions with Affiliates. ----------------------------- Guarantor will not directly or indirectly enter into or permit to exist any material transaction with any Affiliate of Guarantor except for transactions which are in the ordinary course of Guarantor's business, upon fair and reasonable terms and which are fully disclosed to Agent and, no less favorable to Guarantor than would be obtained in arm's length transaction with a non- Affiliate.

Related to Nature of Business; Fiscal Year

  • Change in Nature of Business Engage in any material line of business substantially different from those lines of business conducted by the Borrower and its Subsidiaries on the date hereof or any business substantially related or incidental thereto.

  • Nature of Business Substantially change the nature of the business in which it is presently engaged, nor except as specifically permitted hereby purchase or invest, directly or indirectly, in any assets or property other than in the Ordinary Course of Business for assets or property which are useful in, necessary for and are to be used in its business as presently conducted.

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

  • Changes in Nature of Business Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement.

  • Fiscal Year End Change, or permit any Subsidiary of any Borrower to change, its fiscal year end.

  • Changes in Fiscal Year Make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

  • Fiscal Year The fiscal year of the Partnership shall be the calendar year.

  • Change in Fiscal Year Such Obligor will not, and will not permit any of its Subsidiaries to, change the last day of its fiscal year from that in effect on the date hereof, except to change the fiscal year of a Subsidiary acquired in connection with an Acquisition to conform its fiscal year to that of Borrower.

  • Change in the Nature of Business The Borrower shall not, nor shall it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Borrower or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Closing Date.

  • Year-end The Borrower shall procure that each financial year-end of each Obligor and each Group Member falls on the Accounting Reference Date.

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