Common use of New Markets Clause in Contracts

New Markets. In advance of (a) the entrance into any new market by the Borrower or any of its Subsidiaries, (b) any material change of prospective markets by the Borrower or any of its Subsidiaries or (c) any deferral of any market, the Borrower shall deliver to the Administrative Agent a revised business plan, in form and substance reasonably satisfactory to the Administrative Agent, to include such new market, change in prospective market or deferral of any market, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Knology Inc), Second Lien Credit Agreement (Knology Inc)

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New Markets. In advance of (a) the entrance into any new market by the Borrower or any of its Subsidiaries, (b) any material change of prospective markets by the Borrower or any of its Subsidiaries or (c) any deferral of any market, the Borrower shall deliver to the Administrative Agent a revised business plan, in form and substance reasonably satisfactory to the Administrative Agent, plan to include such new market, change in prospective market or deferral of any market, as applicable.

Appears in 2 contracts

Samples: Credit Agreement (Knology Inc), Credit Agreement (Knology Inc)

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