Common use of Changes in Business Clause in Contracts

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Date.

Appears in 19 contracts

Samples: Term Loan Agreement (Cooper Companies Inc), Term Loan Agreement (Cooper Companies Inc), Credit Agreement (Circor International Inc)

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Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which that would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Date.

Appears in 8 contracts

Samples: Credit Agreement (DPL Inc), Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Datedate hereof.

Appears in 7 contracts

Samples: Credit Agreement (NCS Healthcare Inc), Credit Agreement (Lesco Inc/Oh), Credit Agreement (Stoneridge Inc)

Changes in Business. Neither the Borrower nor any of its Restricted Subsidiaries will engage in any business other than a Similar Business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Restricted Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Restricted Subsidiaries on the Closing Date.

Appears in 5 contracts

Samples: Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc), Credit Agreement (Circor International Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Effective Date.

Appears in 4 contracts

Samples: Credit Agreement (Om Group Inc), Credit Agreement (Ferro Corp), Revolving Credit Agreement (Om Group Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage to any material extent in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing DateDate or any business reasonably related, complementary, ancillary or incidental thereto or a reasonable extension, development or expansion thereof.

Appears in 4 contracts

Samples: Term Loan Agreement (Cooper Companies, Inc.), Assignment and Assumption (Cooper Companies, Inc.), Loan Agreement (Cooper Companies, Inc.)

Changes in Business. Neither the Borrower Borrowers nor any of its their Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower Borrowers and its their Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower Borrowers and its their Subsidiaries on the Closing Date.

Appears in 3 contracts

Samples: Credit Agreement (Gibraltar Industries, Inc.), Credit Agreement (Ico Inc), Credit Agreement (Gibraltar Industries, Inc.)

Changes in Business. Neither the Borrower Company nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower Company and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower Company and its Subsidiaries on the Closing Datedate hereof.

Appears in 3 contracts

Samples: Credit Agreement (CTB International Corp), Credit Agreement (Cedar Fair L P), Alternative Living Services Inc

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which that would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Datedate hereof.

Appears in 3 contracts

Samples: General Revolving Note (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation), Credit Agreement (Calgon Carbon Corporation)

Changes in Business. Neither the No Borrower nor any of its Subsidiaries will engage to any material extent in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the such Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the such Borrower and its Subsidiaries on the Closing DateDate or any business reasonably related, complementary, ancillary or incidental thereto or a reasonable extension, development or expansion thereof.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Cooper Companies, Inc.), Assignment and Assumption (Cooper Companies, Inc.)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in or contemplated to be engaged in by the Borrower and its Subsidiaries on the Closing Datedate hereof.

Appears in 2 contracts

Samples: Credit Agreement (Mechanical Technology Inc), Credit Agreement (Mechanical Technology Inc)

Changes in Business. Neither the Borrower nor any of its their Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower Borrowers and its their Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower Borrowers and its their Subsidiaries on the Closing Date.

Appears in 2 contracts

Samples: Term Loan Agreement (Gibraltar Industries, Inc.), Credit Agreement (Gibraltar Industries, Inc.)

Changes in Business. Neither the No Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the such Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the such Borrower and its Subsidiaries on the Closing DateDate or any business reasonably related or incidental thereto.

Appears in 2 contracts

Samples: Credit and Term Loan Agreement, Revolving Credit and Term Loan Agreement (Cooper Companies Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing DateDate or any business reasonably related or incidental thereto.

Appears in 2 contracts

Samples: Loan Agreement (Cooper Companies Inc), Loan Agreement (Cooper Companies Inc)

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Changes in Business. Neither the No Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the such Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the such Borrower and its Subsidiaries on the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature business of owning and operating retail department stores, specialty stores, and wholesale and e-commerce activities related to the current line of sales and other business engaged in by the Borrower and its Subsidiaries on the Closing Datedate hereof.

Appears in 1 contract

Samples: Credit Agreement (Value City Department Stores Inc /Oh)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Date.. LEGAL02/37021070v10 -83-

Appears in 1 contract

Samples: Credit Agreement (Circor International Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Datedate hereof.

Appears in 1 contract

Samples: Credit Agreement (Fca of Ohio Inc)

Changes in Business. Neither the Borrower Borrowers nor any of its the Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, business which would then be engaged in by that Borrower or that Subsidiary, as the Borrower and its Subsidiariescase may be, would be substantially changed from the general nature of the business engaged in by the any Borrower and its Subsidiaries or any Subsidiary on the Closing Datedate hereof.

Appears in 1 contract

Samples: Credit Agreement (Brush Engineered Materials Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Effective Date.

Appears in 1 contract

Samples: Revolving Credit Agreement (Memc Electronic Materials Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing DateEffective Date (but giving effect to the completion of the Target Acquisition).

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

Changes in Business. Neither the Borrower nor any of its Subsidiaries will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Borrower and its Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Borrower and its Subsidiaries on the Closing Date.date hereof, as described in the Registration Statement. 49 55

Appears in 1 contract

Samples: Credit Agreement (Hawk Corp)

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