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.
Appears in 95 contracts
Samples: Credit Agreement (Green Plains Renewable Energy, Inc.), Management Agreement (REX AMERICAN RESOURCES Corp), Revolving Credit and Security Agreement (REX AMERICAN RESOURCES Corp)
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.
Appears in 6 contracts
Samples: Credit and Security Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\)
Restrictions on Nature of Business. The Borrower Borrowers will not engage in any line of business materially different from that presently engaged in by the Borrower Borrowers and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 6 contracts
Samples: Foreign Accounts Credit and Security Agreement (Synergetics Usa Inc), Credit and Security Agreement (Smtek International Inc), Credit and Security Agreement (Misonix Inc)
Restrictions on Nature of Business. The No Borrower will not engage in any line of business materially different from that presently engaged in by the such Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 5 contracts
Samples: Credit and Security Agreement (Orion Energy Systems, Inc.), Credit and Security Agreement (Global Employment Holdings, Inc.), Credit and Security Agreement (Global Employment Holdings, Inc.)
Restrictions on Nature of Business. The Borrower Borrowers will not engage in any line of business materially different from that presently engaged in by the Borrower Borrowers and will not purchase, lease or otherwise acquire assets not related to its their business.
Appears in 3 contracts
Samples: Credit and Security Agreement (Pacific Cma Inc), Credit and Security Agreement (Microtel International Inc), Credit and Security Agreement (Emrise CORP)
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 businessbusiness without the prior written consent of the Lender, which consent shall not be unreasonably withheld.
Appears in 3 contracts
Samples: Credit Loan Agreement (Aci Telecentrics Inc), Credit and Security Agreement (Kitty Hawk Inc), Credit Loan Agreement (Aci Telecentrics Inc)
Restrictions on Nature of Business. The Such Borrower will not engage in any line of business materially different from that presently engaged in by the such Borrower and/or lines of business reasonably related or supplementing thereto and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 3 contracts
Samples: Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp), Credit and Security Agreement (Heska Corp)
Restrictions on Nature of Business. The Borrower will not engage in any material line of business materially that is significantly different from that presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its businessBorrower.
Appears in 3 contracts
Samples: Term Loan Agreement (Mdu Resources Group Inc), Term Loan Agreement (Mdu Resources Group Inc), Credit Agreement (Mdu Resources Group Inc)
Restrictions on Nature of Business. The Borrower will not, and will not permit any of its Subsidiaries to, engage in any line of business materially different from that in which it is presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 3 contracts
Samples: Credit Agreement (Entegris Inc), Credit Agreement (Entegris Inc), Credit Agreement (Innovex Inc)
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.
Appears in 3 contracts
Samples: Term Loan Agreement (Rotonics Manufacturing Inc/De), Credit Agreement (Rotonics Manufacturing Inc/De), Credit Agreement (American Crystal Sugar Co /Mn/)
Restrictions on Nature of Business. The No Borrower will not engage in any line of business materially different from that presently engaged in by the Borrower Borrowers and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 2 contracts
Samples: Credit and Security Agreement (Leather Factory Inc), Credit and Security Agreement (Pentastar Communications Inc)
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.
Appears in 2 contracts
Samples: Credit and Security Agreement (Data National Corp), Credit and Security Agreement (Rf Monolithics Inc /De/)
Restrictions on Nature of Business. The Borrower will not, and will not permit any of its Subsidiaries to, engage in any line of business materially different from that in which the Borrower and its Subsidiaries are presently engaged in by the Borrower and businesses reasonably related or complementary thereto, and will not purchase, lease or otherwise acquire assets not related to its such business.
Appears in 2 contracts
Samples: Credit Agreement (Entegris Inc), Credit Agreement (Entegris Inc)
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.
Appears in 2 contracts
Samples: Credit and Security Agreement (Bentley International Inc), Credit and Security Agreement (Rf Monolithics Inc /De/)
Restrictions on Nature of Business. The Borrower will not engage in any line of business materially different or unrelated from that presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 2 contracts
Samples: Credit and Security Agreement (CPS Technologies Corp/De/), Credit and Security Agreement by And (CPS Technologies Corp/De/)
Restrictions on Nature of Business. The Borrower will not engage to any significant extent in any a 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 businessin.
Appears in 2 contracts
Samples: Loan Agreement (Professional Veterinary Products LTD /Ne/), Loan Agreement (Professional Veterinary Products LTD /Mo/)
Restrictions on Nature of Business. The No Borrower will not engage in any line of business materially different from that in which it is presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
Samples: Credit and Security Agreement (Leather Factory Inc)
Restrictions on Nature of Business. The Borrower Borrowers will not engage in any line of business materially different from that presently engaged in by the Borrower Borrowers as of the Agreement Date and will not purchase, lease or otherwise acquire assets not related to its their business.
Appears in 1 contract
Samples: Loan and Security Agreement (Vein Associates of America Inc)
Restrictions on Nature of Business. The Subject to Section 7.6 hereof, 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.
Appears in 1 contract
Samples: Credit and Security Agreement (Heartland Technology Inc)
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.
Appears in 1 contract
Samples: Credit and Security Agreement (Act Teleconferencing Inc)
Restrictions on Nature of Business. The Borrower will shall not engage in any line of business materially different from that presently engaged in by the Borrower and will shall not purchase, lease lease, or otherwise acquire assets not related to its business.
Appears in 1 contract
Restrictions on Nature of Business. The Borrower will not engage in any line of business materially different from that presently engaged is not the same, similar or reasonably similar, ancillary or related to, or a reasonable extension, development or expansion of, the businesses in by which the Borrower and will not purchase, lease or otherwise acquire assets not related to its businessis engaged on the date hereof.
Appears in 1 contract
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, except for investments permitted under Section 6.6.
Appears in 1 contract
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 the Borrower will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
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 or reasonably incidental thereto and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
Samples: Credit Agreement (Landec Corp \Ca\)
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 businessBorrower.
Appears in 1 contract
Restrictions on Nature of Business. The Borrower will shall not engage in any line of business materially different from that in which it is presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its businessengaged.
Appears in 1 contract
Samples: Construction Financing Agreement (Blue Sphere Corp.)
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 and its Subsidiaries and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
Restrictions on Nature of Business. The Borrower will not engage in any line of business materially different from that in which it is presently engaged in by the Borrower and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
Samples: Credit and Security Agreement (Sportsmans Guide Inc)
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.
Appears in 1 contract
Samples: Credit and Security Agreement (Primesource Healthcare Inc)
Restrictions on Nature of Business. The Borrower and its Subsidiaries will not engage in any line of business materially different from that or unrelated to the business presently engaged in by the Borrower Borrower, and its Subsidiaries, and will not purchase, lease or otherwise acquire assets not related to its business, other than the acquisition of assets permitted under Section 6.4 hereof.
Appears in 1 contract
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.. Credit and Security Agreement - 36
Appears in 1 contract
Samples: Credit and Security Agreement (Ag Bag International LTD)
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 Borrower, and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
Samples: Credit and Security Agreement (Command Security Corp)
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 Borrower, and will not purchase, lease or otherwise acquire assets not related to its business.
Appears in 1 contract
Samples: Senior Subordinated Note Purchase and Security Agreement (Physicians Formula Holdings, Inc.)
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. The Borrower will not store inventory or engage in manufacturing or assembly activities at its Plymouth, Minnesota facility or otherwise change the nature of the activities conducted at such facility.
Appears in 1 contract
Samples: Credit and Security Agreement (Waters Instruments Inc)
