No Change to Business Sample Clauses
The "No Change to Business" clause restricts a party from making significant alterations to its business operations during the term of an agreement. Typically, this means the party must continue to conduct its business in the ordinary course and avoid actions such as mergers, asset sales, or major changes in management without the other party's consent. This clause is commonly used in transactions like mergers or acquisitions to ensure that the business remains stable and as represented until the deal closes, thereby protecting the interests of the other party and preventing unexpected risks or value changes.
No Change to Business. Since the date of the Balance Sheet, there has been no material change to the conduct or operation of the Business.
No Change to Business. Carry on any business other than the Business.
No Change to Business. No Group Party shall carry on any business other than the Business.
No Change to Business. Each Transaction Party must ensure that:
(a) each of the Borrower’s and CRL’s business is operated in accordance with the Corporate and Project Budget; and
(b) no Transaction Party engages in any business other than, or do anything which would result in substantial changes to, its existing core businesses and operations of mineral exploration, mining or processing, except with the prior written consent of the Agent.
No Change to Business. Carry on any business other than the Business; except to such extent as would not be material to the Obligors, taken as a whole.
No Change to Business. Without the prior written approval of Purchaser, none of the Company or any of its Subsidiaries shall (i) enter into or engage in any business, either directly or indirectly, except for those lines of business in which the Company or its Subsidiaries are engaged on the date hereof or that are reasonably related and ancillary thereto or (ii) take any action designed or intended to impair or limit in any material respect the ability of the Company or its Subsidiaries to conduct its business in the ordinary course consistent with past practice.
No Change to Business. An Obligor must not engage in any business other than, or do anything which would result in substantial changes to, its existing core businesses and operations.
No Change to Business. A Transaction Party must not engage in any business other than, or do anything which would result in substantial changes to, its existing core businesses and operations (being upstream oil and gas exploration, development and production).
No Change to Business. In the case of the Borrower and each Material Subsidiary, carry on any business other than the Business.
No Change to Business. APG:
(a) must ensure that its business is operated in accordance with the Corporate Budget; and
(b) must not engage in any business other than, or do anything which would result in substantial changes to, its existing core businesses and operations of mineral exploration, mining or processing, except with the prior written consent of the Agent.