Change in Business; Operations Sample Clauses

Change in Business; Operations. The Company will not, without the consent of the Purchaser, cause or effect any change in or addition to the primary business of the Company that has not been approved by Purchaser, such that more than 10% of the gross revenues of the Company are derived from a business other than the business in which the Company was engaged on the date hereof as reflected in the applicable last SEC Document filed prior to the Closing ("Change in Business"), except any such changes approved in advance in writing by the Purchaser. The business of the Company and its subsidiaries shall not be conducted in violation of any law, ordinance, or regulation of any governmental entity.
Sample 1Sample 2Sample 3See All (9)
AutoNDA by SimpleDocs
Change in Business; Operations. Beginning on March 14, 1996 the Company changed its business plan from being a Southeastern regional airline to one providing service from underserved cities in the Southeast to high population density areas of the Northeast and Midwest.
Sample 1Sample 2Sample 3
Change in Business; Operations. Upon completion of the Share Exchange, Harvest’s operations will consist of the operations of Azur. Azur is a holding company which owns luxury residential, hotel and resort development companies, a company that manufactures safety systems for large construction sites and a company which is one of the United Kingdoms largest crane operators. Azur’s business plan consists of golf resort and residential communities development, residential land acquisition for development, acquisition of developable land holdings for use or future sale, acquisition of existing resort and golf club communities and the acquisition and operation of businesses which will complement Azur’s core business. See “Background Information on Azur International, Inc. — Description of Business.”
Sample 1

Related to Change in Business; Operations

  • Change in Business Borrower shall not enter into any line of business other than the ownership and operation of the Property, or make any material change in the scope or nature of its business objectives, purposes or operations, or undertake or participate in activities other than the continuance of its present business.

  • Business Operations Company will provide all necessary equipment, personnel and other appurtenances necessary to conduct its operations. Company will conduct its business operations hereunder in a lawful, orderly and proper manner, considering the nature of such operations, so as not to unreasonably annoy, disturb, endanger or be offensive to others on the Airport. Company will provide all services under this Agreement on a fair and reasonable basis to all users of the Airport. Service will be prompt, courteous and efficient.

  • Material Change in Business Seller shall not make any material change in the nature of its business as carried on at the date hereof.

  • No Change in Business The Issuer covenants that it shall not make any change in the character of its business.

  • Changes in Business The Borrower and the Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted by the Borrower and the Subsidiaries, taken as a whole, on the 2014 July Repricing Effective Date and other business activities incidental or reasonably related to any of the foregoing.

  • Continuation of or Change in Business Each of the Loan Parties shall not, and shall not permit any of its Unregulated Subsidiaries to, engage in any business other than a Permitted Business.

  • Co-operation 1. The Parties shall take all appropriate and necessary measures to ensure fulfilment of the obligations and objectives arising out of this programme agreement.

  • Changes in Business, Management Control, or Business Locations. (a) Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Co-Borrowers and such Subsidiary, as applicable, or reasonably related thereto; (b) liquidate or dissolve; (c) fail to provide notice to Bank of any Key Person departing from or ceasing to be employed by a Co-Borrower within five (5) days after his or her departure from such Co-Borrower; or (d) permit or suffer any Change in Control. No Co-Borrower shall, without at least thirty (30) days prior written notice to Bank: (1) add any new offices or business locations, including warehouses (unless such new offices or business locations contain less than Two Hundred Fifty Thousand Dollars ($250,000) in such Co-Borrower’s assets or property) or deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Two Hundred Fifty Thousand Dollars ($250,000) to a bailee at a location other than to a bailee and at a location already disclosed in the Perfection Certificate, (2) change its jurisdiction of organization, (3) change its organizational structure or type, (4) change its legal name, or (5) change any organizational number (if any) assigned by its jurisdiction of organization. If a Co-Borrower intends to deliver any portion of the Collateral valued, individually or in the aggregate, in excess of Two Hundred Fifty Thousand Dollars ($250,000) to a landlord or bailee, and Bank and such landlord/bailee are not already parties to a landlord/bailee agreement governing both the Collateral and the location to which such Co-Borrower intends to deliver the Collateral, then such Co-Borrower will use commercially reasonable efforts to have such landlord/bailee execute and deliver a landlord/bailee agreement in form and substance reasonably satisfactory to Bank.

  • Ongoing Operations From the Effective Date through Closing:

  • Operation of the Business Between the date of this Agreement and the Closing, Seller shall:

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