Common use of Changes in Business Clause in Contracts

Changes in Business. (a) 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 or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, on the Closing Date and other business activities that are complementary, ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”).

Appears in 12 contracts

Samples: Possession Credit Agreement (Intelsat S.A.), Credit Agreement (Intelsat S.A.), Credit Agreement (Intelsat S.A.)

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Changes in Business. (a) The Borrower and the its Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the its Restricted Subsidiaries, taken as a whole, on the Closing Date and other business activities that are similar, incidental, ancillary, supportive, complementary, ancillary incidental synergetic or related to, reasonably similar to businesses or a reasonable extension, development extensions thereof (and non-core incidental businesses acquired in connection with any Acquisition or expansion of any of the foregoing (a “Permitted Business”Investment or other immaterial businesses).

Appears in 10 contracts

Samples: Credit Agreement (Grocery Outlet Holding Corp.), Incremental Agreement (Snap One Holdings Corp.), Credit Agreement (MultiPlan Corp)

Changes in Business. (a) 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 or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, on the Closing Date and other business activities that are complementary, ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)foregoing.

Appears in 7 contracts

Samples: Credit Agreement (HCA Healthcare, Inc.), Credit Agreement (HCA Healthcare, Inc.), Joinder Agreement (HCA Healthcare, Inc.)

Changes in Business. (a) 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 or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, on the Closing Signing Date and other business activities that are complementary, ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”).

Appears in 6 contracts

Samples: 3 and Waiver (Intelsat S.A.), Credit Agreement (Intelsat S.A.), Credit Agreement (Intelsat S.A.)

Changes in Business. (a) The Parent 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 or proposed to be conducted by the Parent Borrower and the Subsidiaries, taken as a whole, on the Closing Date and other business activities that are complementary, ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)foregoing.

Appears in 6 contracts

Samples: Credit Agreement (HCA Healthcare, Inc.), Restatement Agreement (HCA Holdings, Inc.), Credit Agreement (HCA Holdings, Inc.)

Changes in Business. (a) The Borrower and the its Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the its Restricted Subsidiaries, taken as a whole, on the Closing Date and other business activities that are similar, incidental, ancillary, supportive, complementary, ancillary incidental synergetic or related to, reasonably similar to businesses or a reasonable extension, development extensions thereof (and non- core incidental businesses acquired in connection with any Acquisition or expansion of any of the foregoing (a “Permitted Business”Investment or other immaterial businesses).

Appears in 4 contracts

Samples: Incremental Agreement (Snap One Holdings Corp.), Credit Agreement (Snap One Holdings Corp.), Junior Priority Intercreditor Agreement (Snap One Holdings Corp.)

Changes in Business. (a) The Borrower and the Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the its Restricted Subsidiaries, taken as a whole, on the Closing Date and other business activities that are similar, incidental, ancillary, supportive, complementary, ancillary incidental synergetic or related to, reasonably similar to businesses or a reasonable extension, development extensions thereof (and non-core incidental businesses acquired in connection with any Acquisition or expansion of any of the foregoing (a “Permitted Business”Investment or other immaterial businesses).

Appears in 3 contracts

Samples: Credit Agreement (MultiPlan Corp), Security Agreement (MultiPlan Corp), Credit Agreement (Snap One Holdings Corp.)

Changes in Business. (a) The Borrower and the Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the its Restricted Subsidiaries, taken as a whole, on the Closing Date and other business activities that are similar, incidental, ancillary, supportive, complementary, ancillary incidental synergetic or related to, reasonably similar to businesses or a reasonable extension, development extensions thereof (and non-core incidental businesses acquired in connection with any Acquisition or expansion of any of the foregoing (a “Permitted Business”Investment or other immaterial businesses).. 9.14

Appears in 2 contracts

Samples: Credit Agreement (Snap One Holdings Corp.), Credit Agreement (Snap One Holdings Corp.)

Changes in Business. (a) The Borrower and the Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, them on the Closing Fourth Restatement Effective Date and other business activities that which are complementaryextensions thereof or otherwise incidental, related or ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)foregoing.

Appears in 1 contract

Samples: Restatement Agreement (HCA Healthcare, Inc.)

Changes in Business. (a) 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 or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, on the Closing Date and other business activities that which are extensions thereof or otherwise similar, incidental, complementary, ancillary incidental or related tosynergistic, reasonably similar related or ancillary to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)foregoing, in each case as determined by the Borrower in good faith.

Appears in 1 contract

Samples: Possession Credit Agreement (Avaya Holdings Corp.)

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Changes in Business. (a) 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 or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, on the Closing Date and other business activities that are complementary, ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”"PERMITTED BUSINESS").

Appears in 1 contract

Samples: Credit Agreement (Intelsat LTD)

Changes in Business. (a) 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 or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, on the Closing Amendment Effective Date and other business activities that are complementary, ancillary ancillary, incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”"PERMITTED BUSINESS").

Appears in 1 contract

Samples: Credit Agreement (PanAmSat Holding CORP)

Changes in Business. (a) The Borrower and the Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the Restricted Subsidiaries, taken as a whole, on the Closing Date and other business activities that are complementary, ancillary incidental or reasonably related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)except as required by the Bankruptcy Code or pursuant to the Final Order.

Appears in 1 contract

Samples: Possession Credit Agreement (Energy Future Holdings Corp /TX/)

Changes in Business. (a) The Borrower and the Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the Restricted Subsidiaries, taken as a whole, on the Closing Date and other business activities that which are complementaryextensions thereof or otherwise incidental, ancillary incidental or related tocorollary, synergistic, reasonably similar related or ancillary to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)except as required by the Bankruptcy Code or pursuant to the DIP Order.

Appears in 1 contract

Samples: Security Agreement (Energy Future Competitive Holdings Co LLC)

Changes in Business. (a) The Borrower and the Restricted Subsidiaries, taken as a whole, will not fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted or proposed to be conducted by the Borrower and the Subsidiaries, taken as a whole, them on the Closing Fifth Restatement Effective Date and other business activities that which are complementaryextensions thereof or otherwise incidental, related or ancillary incidental or related to, reasonably similar to or a reasonable extension, development or expansion of any of the foregoing (a “Permitted Business”)foregoing.

Appears in 1 contract

Samples: Restatement Agreement (HCA Healthcare, Inc.)

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