Common use of Changes in Business Clause in Contracts

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business reasonably related thereto.

Appears in 9 contracts

Samples: Credit Agreement (Kona Grill Inc), Intercreditor Agreement (Preferred Apartment Communities Inc), Credit Agreement (Kona Grill Inc)

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Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and, solely with respect to the Borrower and its Subsidiaries, any other business or line of business reasonably related or incidental thereto, in each case without the prior consent of the Required Lenders.

Appears in 4 contracts

Samples: Credit Agreement (DigitalOcean Holdings, Inc.), Credit Agreement (DigitalOcean Holdings, Inc.), Credit Agreement (DigitalOcean Holdings, Inc.)

Changes in Business. No Credit Party will, nor will it permit any of its Subsidiaries will to, engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business reasonably related thereto.

Appears in 2 contracts

Samples: Credit Agreement (TRC Companies Inc /De/), Assignment Agreement (TRC Companies Inc /De/)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than that would make the character of the business substantially different from the businesses engaged in by the Credit Parties and its Subsidiaries Subsidiaries, taken as a whole, on the Closing Date Effective Date, provided that the Credit Parties and their Subsidiaries may engage in any other business reasonably related theretorelated, ancillary or complimentary to the business conducted as of the Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (TopBuild Corp), Credit Agreement (TopBuild Corp)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business reasonably related related, complimentary or ancillary thereto.

Appears in 2 contracts

Samples: Credit Agreement (Purple Innovation, Inc.), Assignment Agreement (Purple Innovation, Inc.)

Changes in Business. No Credit Party nor any of its their Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its their Subsidiaries on the Closing Date and any other business reasonably related or ancillary thereto.

Appears in 2 contracts

Samples: Credit Agreement (Eastern Co), Credit Agreement (Eastern Co)

Changes in Business. No Credit Party nor any of its their respective Subsidiaries will shall engage in any business other than the businesses engaged in by the Credit Parties and its their Subsidiaries on the Closing Date and any other business reasonably related thereto.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Peabody Energy Corp)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business reasonably related related, ancillary or otherwise complimentary thereto.

Appears in 1 contract

Samples: Credit Agreement (Mercury Computer Systems Inc)

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Changes in Business. No Credit Party nor any of its Restricted Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Restricted Subsidiaries on the Closing Date and any other business reasonably related related, complementary or ancillary thereto.

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business complimentary, incidental, ancillary or reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (American Pacific Corp)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business reasonably related or ancillary thereto, which businesses shall include, for the avoidance of doubt, any software licensing business reasonably related to the practice of dentistry or the provision of management services to dental practices.

Appears in 1 contract

Samples: Credit Agreement (American Dental Partners Inc)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its Subsidiaries on the Closing Date and any other business ancillary, incidental, complimentary or otherwise reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Lemaitre Vascular Inc)

Changes in Business. No Credit Party nor any of its Subsidiaries will engage in any business other than the businesses engaged in by the Credit Parties and its their Subsidiaries on the Closing Date and any other business reasonably related thereto.

Appears in 1 contract

Samples: Credit Agreement (Par Pacific Holdings, Inc.)

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