Restrictions on Nature of Business Sample Clauses

Restrictions on Nature of Business. The Borrower will not engage in any line of business materially different from that presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
AutoNDA by SimpleDocs
Restrictions on Nature of Business. Borrower will not engage in any line of business materially different from that presently engaged in by Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
Restrictions on Nature of Business. Company will not engage in any line of business materially different from that presently engaged in by Company, and will not purchase, lease or otherwise acquire assets not related to its business.
Restrictions on Nature of Business. No Borrower will engage in any line of business materially different from that in which it is presently engaged and will not purchase, lease or otherwise acquire assets not related to its business.
Restrictions on Nature of Business. The Borrower will not, and will not permit any Subsidiary to, engage in any line of business materially different from that presently engaged in by the Borrower or such Subsidiary.
Restrictions on Nature of Business. The Borrower will not, and will not permit any other Obligor to, engage in any line of business materially different from that presently engaged in by the Borrower or any such Obligor and will not, and will not permit any other Obligor to, purchase, lease or otherwise acquire assets not related to its business.
Restrictions on Nature of Business. Borrower will not engage to any significant extent in a line of business materially different from that presently engaged in.
AutoNDA by SimpleDocs
Restrictions on Nature of Business. The Company and its Subsidiaries will not engage in any business materially different from those businesses in which they are presently engaged.
Restrictions on Nature of Business. Neither the Borrower nor any of its Subsidiaries will engage in any line of business materially different from that presently engaged in by such Person or purchase, lease or otherwise acquire assets not related to its business.
Restrictions on Nature of Business. Without the advance written consent of the Lender, which consent shall not be unreasonably withheld, the Borrower will not engage in any line of business except for retail and direct apparel and accessory sales and will not purchase, lease or otherwise acquire assets not related to its business.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!