Nature of Business; Management. The Borrower will not, and will not permit any Subsidiary to: (a) change its principal line of business; or (b) enter into any business not within the scope of Section 7.15 and the definition of Qualifying Assets; or (c) permit any material overall change in the management of the Borrower.
Appears in 6 contracts
Samples: Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)
Nature of Business; Management. The Borrower will not, and will not permit any Subsidiary to: (a) change its principal line of business; or (b) enter into any business not within the scope of Section 7.15 6.15 and the definition of Qualifying Assets; or (c) permit any material overall change in the management of the Borrower.
Appears in 3 contracts
Samples: Term Loan Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co), Revolving Credit Agreement (Southern Union Co)
Nature of Business; Management. The Borrower will ------------------------------ not, and will not permit any Subsidiary to: (a) change its principal line of business; or (b) enter into any business not within the scope of Section 7.15 9.1(c)(ii) and the definition of Qualifying Assets; or (c) permit any material overall change in the management of the Borrower.
Appears in 1 contract
Nature of Business; Management. The Borrower will ------------------------------ not, and will not permit any Subsidiary to: (a) change its principal line of business; or (b) enter into any business not within the scope of Section 7.15 10.1(c)(ii) and the definition of Qualifying Assets; or (c) permit any material overall change in the management of the Borrower.
Appears in 1 contract
