Common use of No Change in Line of Business Clause in Contracts

No Change in Line of Business. The Borrower will not, and will not permit any of its Subsidiaries to, engage in any business (a “restricted business”) other than the business in which the Borrower or such Subsidiary is engaged as of the date hereof and such activities as may be incidental or related thereto.

Appears in 4 contracts

Samples: Loan Agreement, Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

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No Change in Line of Business. The Borrower will not, and will not permit any of its Significant Subsidiaries to, engage in any business (a “restricted business”) other than the business respective businesses in which the Borrower or such Subsidiary is and its Significant Subsidiaries are engaged as of on the date hereof of this Agreement and such activities as may be any business related or incidental or related thereto.

Appears in 2 contracts

Samples: Credit Agreement (Corpbanca/Fi), Credit Agreement (Corpbanca/Fi)

No Change in Line of Business. The Borrower will not, and will not permit any of its Significant Subsidiaries to, engage in any business (a “restricted business”) other than the business in which the Borrower or such Significant Subsidiary is engaged as of the date Closing dDate hereof and such activities as may be incidental or related thereto; provided, that in the case of the Borrower, the business in which the Target and its Subsidiaries is engaged as of the Closing Date shall not constitute a restricted business.

Appears in 1 contract

Samples: Bridge Facility Senior Secured Bridge Loan Agreement (Pampa Energy Inc.)

No Change in Line of Business. The Borrower will not, and will not permit any of its Material Subsidiaries to, engage in any business (a “restricted business”) other than the business respective businesses in which the Borrower or such Subsidiary is and its Material Subsidiaries are engaged as of on the date hereof and such activities as may be incidental or related theretoof this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Corpbanca/Fi)

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No Change in Line of Business. The Borrower will not, and will not permit any of its Subsidiaries to, engage in any business (a “restricted business”) other than the business respective businesses in which the Borrower or such Subsidiary is and its Subsidiaries are engaged as of on the date hereof of this Agreement and such activities as may be any business related or incidental or related thereto.

Appears in 1 contract

Samples: Credit Agreement (Corpbanca/Fi)

No Change in Line of Business. The Borrower will not, and will not permit any of its Subsidiaries to, engage in any business (a “restricted business”) other than the business in which the Borrower or such Subsidiary is engaged as of the date hereof and such activities as may be incidental or related thereto, except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Senior Secured Term Loan Facility (PCT LLC)

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