Changes in Business, Ownership, Management or Business Locations. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or have a material change in its ownership of greater than 25%. Borrower will not, without at least 30 days prior written notice, relocate its chief executive office or add any new offices or business locations.
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Samples: Loan and Security Agreement (Orthopaedic Biosystems LTD Inc/), Loan and Security Agreement (Invision Technologies Inc)
Changes in Business, Ownership, Management or Business Locations. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or have a material change in its ownership of greater than 25%or management. Borrower will shall not, without at least 30 thirty (30) days prior written noticenotice to Bank, relocate its chief principal executive office or add any new offices or business locations.
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Changes in Business, Ownership, Management or Business Locations. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or have a material change in its ownership of greater than 25%50% or have a material change in its management. Borrower will not, without at least 30 days prior written noticenotice to Bank, relocate its chief principal executive office or office, add any new offices or business locationslocations or change the place of its incorporation.
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Changes in Business, Ownership, Management or Business Locations. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by any Borrower or reasonably related thereto or have a material change in the composition of its ownership of greater than 25%current executive management. Borrower Borrowers will not, without at least 30 thirty (30) days prior written notice, change the state of formation, relocate its any Borrower’s chief executive office or add any new offices or business locations.
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Changes in Business, Ownership, Management or Business Locations. Engage in or permit any of its Subsidiaries to engage in any business other than the businesses currently engaged in by Borrower or have a material change in its ownership of greater than 25%or management. Borrower will not, without at least 30 days prior written noticenotice to Bank, relocate its chief principal executive office or add any new offices or business locations.
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