Common use of Change of business Clause in Contracts

Change of business. (a) Funding shall not carry on any business or engage in any activity other than as contemplated by the Transaction Documents or which is not incidental to or necessary in connection with any of the activities in which the Transaction Documents provide or envisage that Funding will engage.

Appears in 12 contracts

Samples: Master Intercompany Loan Agreement, Master Intercompany Loan Agreement, Master Intercompany Loan Agreement

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Change of business. (a) Funding 2 shall not carry on any business or engage in any activity other than as contemplated by the Transaction Documents or which is not incidental to or necessary in connection with any of the activities in which the Transaction Documents provide or envisage that Funding 2 will engage.

Appears in 10 contracts

Samples: Granite Master Issuer PLC, Master Intercompany Loan Agreement (Permanent Funding (No. 2) LTD), Master Intercompany Loan Agreement (Permanent Master Issuer PLC)

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Change of business. (a) Funding shall not carry on any business or engage in any activity other than as contemplated by the Transaction Documents or which is not incidental to or necessary in connection with any of the activities in which the Transaction Documents provide or envisage that Funding will engageDocuments.

Appears in 2 contracts

Samples: Agreement (HOLMES FINANCING (No. 9) PLC), Agreement (HOLMES FINANCING (No. 9) PLC)

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