Common use of Nature of Businesses Clause in Contracts

Nature of Businesses. The Borrower and the Subsidiaries will not, without the prior written consent of the Agent Bank in every specified instance, engage in any businesses other than the businesses conducted as of the Closing Date and all businesses incidental thereto.

Appears in 2 contracts

Samples: Loan Agreement (North Atlantic Trading Co Inc), Loan Agreement (North Atlantic Trading Co Inc)

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Nature of Businesses. The Borrower and the Subsidiaries Borrowers will not, without the prior written consent of the Agent Bank in every specified instance, engage in any businesses other than the businesses conducted as of the Closing Date and all businesses incidental thereto.

Appears in 1 contract

Samples: Loan Agreement (Group Technologies Corp)

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Nature of Businesses. The Borrower and the Subsidiaries Guarantors will not, -------------------- without the prior written consent of the Agent Bank in every specified instance, engage in any businesses other than the businesses conducted as of the Closing Date and all businesses incidental thereto.

Appears in 1 contract

Samples: Loan Agreement (Sypris Solutions Inc)

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