Common use of No Change of Business Clause in Contracts

No Change of Business. The Guarantor will not, and shall procure that none of its subsidiaries will, make any material change to the nature of its business from that existing at the date of this Guarantee.

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Mc Shipping Inc)

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No Change of Business. The Guarantor will not, and shall procure that none of its subsidiaries will, make any material change to the nature of its business from that existing at the date of this Guarantee.

Appears in 1 contract

Samples: Pyxis Tankers Inc.

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No Change of Business. The Guarantor will not, and shall procure that none of its subsidiaries Subsidiaries will, make any material substantial change to the nature of its business from that existing at the date of this Guarantee.. 11.16

Appears in 1 contract

Samples: Loan Agreement (DryShips Inc.)

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