No Change in Business. Borrower shall maintain a substantial part of its business in the utility industry and businesses reasonably related thereto and Borrower shall, and shall cause each Significant Subsidiary to, maintain as a substantial part of its business the general type of business now conducted by Borrower or such Significant Subsidiary, as the case may be.
Appears in 11 contracts
Samples: Assignment and Assumption (Tampa Electric Co), Assignment and Assumption (Tampa Electric Co), Credit Agreement (Tampa Electric Co)
No Change in Business. Borrower shall maintain a substantial part of its business in the utility power industry and businesses reasonably related thereto and Borrower shall, and shall cause each Significant Subsidiary to, to maintain as a substantial part of its business the general type of business now conducted by Borrower or such Significant Subsidiary. Borrower shall not extend credit for the purpose of purchasing or carrying margin stock (as defined in Regulations T, as U or X of the case may beFederal Reserve Board).
Appears in 8 contracts
Samples: Credit Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc), Credit Agreement (Tampa Electric Co)
No Change in Business. Borrower shall maintain a substantial part of its business in the utility power industry and businesses reasonably related thereto and Borrower shall, and shall cause each Significant Subsidiary to, maintain as a substantial part of its business the general type of business now conducted by Borrower or such Significant Subsidiary, as the case may be.
Appears in 3 contracts
Samples: Assignment and Assumption (Tampa Electric Co), Assignment and Assumption (Tampa Electric Co), Assignment and Assumption (Teco Energy Inc)
No Change in Business. Borrower shall maintain a substantial part of its business in the utility power industry and businesses reasonably related thereto and Borrower shall, and shall cause each Significant Subsidiary to, to maintain as a substantial part of its business the general type of business now conducted by Borrower or such Significant Subsidiary, as the case may be.
Appears in 3 contracts
Samples: Credit Agreement (Tampa Electric Co), Credit Agreement (Teco Energy Inc), Credit Agreement (Tampa Electric Co)
No Change in Business. Borrower shall maintain a substantial part of its business in the utility power industry and businesses reasonably related thereto thereto, and Borrower shall, and shall cause each Significant Subsidiary to, to maintain as a substantial part of its business the general type of business now conducted by Borrower or such Significant Subsidiary. Borrower shall not extend credit for the purpose of purchasing or carrying margin stock (as defined in Regulations T, as U or X of the case may beFederal Reserve Board).
Appears in 3 contracts
Samples: Credit Agreement (Tampa Electric Co), Credit Agreement (Teco Energy Inc), Credit Agreement (Teco Energy Inc)
No Change in Business. Borrower Company shall maintain a substantial part of its business in the utility power industry and businesses reasonably related thereto thereto, and Borrower shall, and Company shall cause each Significant Subsidiary to, maintain as a substantial part of its business the general type of business now conducted by Borrower or such Significant Subsidiary, as the case may be.
Appears in 3 contracts
Samples: Assignment and Assumption (Teco Energy Inc), Assignment and Assumption (Tampa Electric Co), Assignment and Assumption (Teco Energy Inc)
