Business Conducted. Borrower shall continue in the business currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 11 contracts
Samples: Loan and Security Agreement (Correctional Services Corp), Loan and Security Agreement (Digirad Corp), Loan and Security Agreement (Southland Health Services, Inc.)
Business Conducted. Borrower shall continue in the business currently presently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 10 contracts
Samples: LTC Properties Inc, Loan and Security Agreement (Numed Home Health Care Inc), Loan and Security Agreement (Odyssey Healthcare Inc)
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially materially different from the business businesses conducted by it Borrower immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 5 contracts
Samples: Loan Documents (Newtek Business Services Corp.), Loan and Security Agreement (Newtek Business Services, Inc.), Loan and Security Agreement (Newtek Business Services, Inc.)
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it immediately before prior to the Closing Date, or engage in business or lines unless such line of business which are not is reasonably related theretoto such business so conducted prior to the Closing Date.
Appears in 5 contracts
Samples: Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Resource America Inc), Loan and Security Agreement (Fidelity Leasing Inc)
Business Conducted. Each Borrower shall continue in the business currently conducted presently operated by it using its best commercially reasonable efforts to maintain its customers and goodwill. No Borrower shall engage, directly or indirectly, in any material respect in any line of business substantially different from the businesses conducted by such Borrower immediately prior to the Closing Date. Parent shall not engage, directly or indirectly, in any material respect in any line of business substantially different from that is not either related, ancillary or complementary to the business conducted by it immediately before of Parent as of the Closing Date, or engage in business or lines of business which are not reasonably related theretoto the businesses conducted by Borrowers.
Appears in 4 contracts
Samples: Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp), Loan and Security Agreement (JetPay Corp)
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it Borrower immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 3 contracts
Samples: Loan and Security Agreement (WPCS International Inc), Loan and Security Agreement ('Mktg, Inc.'), Loan and Security Agreement (Newtek Business Services Inc)
Business Conducted. Borrower shall continue in the business currently presently conducted by it using its commercially reasonable best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 2 contracts
Samples: Secured Term Note (Trizetto Group Inc), Trizetto Group Inc
Business Conducted. Borrower shall continue in the business currently conducted by it using its best efforts to maintain its customers and goodwillit. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 2 contracts
Samples: Loan Agreement (Regeneration Technologies Inc), Loan and Security Agreement (Daou Systems Inc)
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best commercially reasonable efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it Borrower immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 2 contracts
Samples: Revolving Loan Agreement (Harris & Harris Group Inc /Ny/), Loan and Security Agreement (American Technical Ceramics Corp)
Business Conducted. Borrower shall continue in the business currently presently conducted by it using its best efforts to maintain its customers and goodwillit. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Samples: Loan and Security Agreement (BMJ Medical Management Inc)
Business Conducted. Borrower shall continue in the business currently conducted by it and all businesses reasonably related to such business, using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Samples: Loan and Security Agreement (Allion Healthcare Inc)
Business Conducted. Borrower shall continue in the business ------------------- currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which that are not reasonably related thereto.
Appears in 1 contract
Samples: Loan and Security Agreement (New York Health Care Inc)
Business Conducted. Borrower shall continue in the ------------------- business currently presently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Samples: Loan and Security Agreement (Healthcor Holdings Inc)
Business Conducted. Borrower shall continue in the business currently conducted by it using its commercially reasonable best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Business Conducted. Borrower shall continue in the business currently conducted by it using its best commercially reasonable efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best commercially reasonable efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it Borrower immediately before prior to the Closing Date; provided, or engage in business or lines of business which are not reasonably however, that Borrower shall be permitted to operate video lottery terminals and related theretoamenities at the Racetrack.
Appears in 1 contract
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business conducted by it the Borrower immediately before prior to the Closing Date, or engage in business or lines unless such line of business which are not is reasonably related theretoto such business so conducted prior to the Closing Date.
Appears in 1 contract
Samples: Loan and Security Agreement (Ecc International Corp)
Business Conducted. Borrower shall continue in the business currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto., without prior written notice to and the prior written consent of Lender, which consent shall not be unreasonably withheld..
Appears in 1 contract
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it the Borrower immediately before prior to the Closing Date, or engage in business or lines unless such line of business which are not is reasonably related theretoto such business so conducted prior to the Closing Date.
Appears in 1 contract
Business Conducted. Each Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. No Borrower shall not engage, directly or indirectly, in any material respect (including without limitation the making or holding of investments) in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related theretotransportation and/or equipment leasing businesses.
Appears in 1 contract
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business conducted by it Borrower immediately before prior to the Closing Date, or engage in business or lines unless such line of business which are not is reasonably related theretoto such business so conducted prior to the Closing Date.
Appears in 1 contract
Business Conducted. Borrower shall continue in the ------------------ business currently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwillit. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it Borrower immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Samples: Loan and Security Agreement (Colony Rih Holdings Inc)
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwillcustomers. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it immediately before prior to the Closing Date, or engage in business or lines Date (after giving effect to the purchase of business which are not reasonably related theretothe Healthcare Facility and the acquisition of the Real Property).
Appears in 1 contract
Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc)
Business Conducted. Borrower shall continue in the business currently ------------------------------------ presently conducted by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any line of business substantially different from the business conducted by it immediately before prior to the Closing Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
Samples: Loan and Securiiy Agreement (International Nursing Services Inc)
Business Conducted. Borrower shall continue in the business currently conducted presently operated by it using its best efforts to maintain its customers and goodwill. Borrower shall not engage, directly or indirectly, in any material respect in any line of business substantially different from the business businesses conducted by it Bxxxxxxx immediately before prior to the Closing Date or then contemplated to be conducted by Borrower after giving effect to the In-Service Date, or engage in business or lines of business which are not reasonably related thereto.
Appears in 1 contract
