Common use of Business Conducted Clause in Contracts

Business Conducted. Such Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, modify or alter in any material manner the nature and type of its business as conducted at or prior to the Closing Date or the manner in which such business is conducted.

Appears in 4 contracts

Samples: Loan and Security Agreement (Eddie Bauer Holdings, Inc.), Loan and Security Agreement (Eddie Bauer Holdings, Inc.), Loan and Security Agreement (Eddie Bauer Holdings, Inc.)

AutoNDA by SimpleDocs

Business Conducted. Such Loan Party shall not, and shall not suffer or permit any of its Subsidiaries to, modify engage, directly or alter indirectly, in any material manner line of business other than the nature and type of its business as conducted at or prior to businesses in which such Loan Party is engaged on the Closing Date or the manner in which such business is conductedand related businesses.

Appears in 1 contract

Samples: Credit Agreement (Gentek Inc)

AutoNDA by SimpleDocs

Business Conducted. Such Loan Party shall not, not and shall not suffer or permit any of its Subsidiaries to, modify engage directly or alter indirectly, in any material manner line of business other than the nature and type of its business as conducted at or prior to the Closing Date or the manner businesses in which such business Loan Party is conductedengaged on the Closing Date.

Appears in 1 contract

Samples: Loan and Security Agreement (Gt Bicycles Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.