New Business. Permit the Borrower or any of its Subsidiaries to enter into any business, in any material respect, which is not similar to that existing on the Closing Date.
Appears in 7 contracts
Samples: Credit Agreement (South Jersey Industries Inc), 364 Day Revolving Credit Agreement (South Jersey Industries Inc), Term Loan Credit Agreement (South Jersey Industries Inc)
New Business. Permit the Borrower or any of its Subsidiaries to enter into any business, in any material respect, business which is not substantially similar to that existing on the Closing Date.
Appears in 6 contracts
Samples: Credit Agreement (South Jersey Industries Inc), Revolving Credit Agreement (South Jersey Gas Co/New), Letter of Credit Reimbursement Agreement (South Jersey Industries Inc)
New Business. Permit the Borrower or any of its Subsidiaries to enter into any business, in any material respect, business which is not substantially similar to that existing on the Closing Date.
Appears in 2 contracts
Samples: Loan Agreement (South Jersey Industries Inc), Loan Agreement (South Jersey Gas Co/New)
New Business. Permit the Borrower or any of its Subsidiaries to enter into any business, in any material respect, which is not similar or reasonably related to that existing on the Closing Date.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (SOUTH JERSEY GAS Co), Term Loan Credit Agreement (SOUTH JERSEY GAS Co)
New Business. Permit the Borrower or any of its Subsidiaries to enter into any business, in any material respect, which is not similar to that existing on the Closing Restatement Effective Date.
Appears in 1 contract
Samples: Term Loan Credit Agreement (South Jersey Industries Inc)