Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this Agreement.
Appears in 11 contracts
Samples: Credit Agreement (Harrington West Financial Group Inc/Ca), 6 Credit Agreement (Apac Teleservices Inc), Credit Agreement (Midwest Banc Holdings Inc)
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any material business or activity if as a result the general nature of the business of the Company or any Subsidiary would be materially changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on it as of the date of this Agreement.
Appears in 6 contracts
Samples: Credit Agreement (Sanderson Farms Inc), Credit Agreement (Sanderson Farms Inc), Credit Agreement (Sanderson Farms Inc)
Change in the Nature of Business. The Company shall will not, and nor shall not it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary and its Subsidiaries would be changed in any material respect from the general nature of the business engaged in by it as of the date hereof. As of the date hereof, the general nature of the business of the Company or such Subsidiary on and its Subsidiaries is primarily the date business of this Agreementthe acquisition, financing and ownership of Senior Housing Assets and other business activities incidental thereto.
Appears in 5 contracts
Samples: Note Purchase Agreement (LTC Properties Inc), Note Purchase and Private Shelf Agreement (LTC Properties Inc), Note Purchase Agreement (LTC Properties Inc)
Change in the Nature of Business. The Company shall not, and shall not permit any Restricted Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary and its Restricted Subsidiaries taken as a whole would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary and its Restricted Subsidiaries on the date of this AgreementEffective Date.
Appears in 3 contracts
Samples: Credit Agreement (Arthur J. Gallagher & Co.), Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement (Gallagher Arthur J & Co)
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if if, as a result result, the general nature of the business of the Company or any Subsidiary and its Subsidiaries, taken as a whole, would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary and its Subsidiaries on the date of this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Oil-Dri Corp of America), Guaranty Agreement (Oil Dri Corporation of America), Guaranty Agreement (Oil Dri Corporation of America)
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary and its Subsidiaries taken as a whole would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary and its Subsidiaries on the date of this AgreementEffective Date.
Appears in 2 contracts
Samples: Multicurrency Credit Agreement, Multicurrency Credit Agreement (Gallagher Arthur J & Co)
Change in the Nature of Business. The Company shall will not, and shall will not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Titan International Inc), Titan Wheel International Inc
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if if, as a result result, the general nature of the business of the Company or any Subsidiary and its Subsidiaries, taken as a whole, would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary and its Subsidiaries on the date of this Agreement. Section 7.16.
Appears in 2 contracts
Samples: Credit Agreement (Oil-Dri Corp of America), Oil-Dri Corp of America
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary and its Subsidiaries taken as a whole would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary and its Subsidiaries on the date of this Agreement.
Appears in 2 contracts
Samples: Multicurrency Credit Agreement (Gallagher Arthur J & Co), Multicurrency Credit Agreement (Gallagher Arthur J & Co)
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this AgreementAgreement (after giving effect to the consummation of the Mid Town Bancorp Acquisition and the Merger).
Appears in 2 contracts
Samples: Credit Agreement (Maf Bancorp Inc), Credit Agreement (Maf Bancorp Inc)
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary of its Subsidiaries to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary of its Subsidiaries would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on it as of the date of this AgreementAgreement or as of the date such Person becomes a Subsidiary hereunder.
Appears in 2 contracts
Samples: Credit Agreement (Home Dialysis of Columbus Inc), Credit Agreement (Everest One Ipa Inc)
Change in the Nature of Business. The Company shall will not, and shall will not permit any Subsidiary of its Subsidiaries to, engage in any business or activity if as a result the general nature of the business of the Company or any such Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this Agreement.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Morton Industrial Group Inc), Note and Warrant Purchase Agreement (Morton Industrial Group Inc)
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on it as of the date of this AgreementAgreement or as of the date such Person becomes a Subsidiary hereunder.
Appears in 1 contract
Change in the Nature of Business. The Company shall will not, and shall it will not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this AgreementAgreement after giving effect to the Western Atlas Acquisition.
Appears in 1 contract
Samples: Credit Agreement (Hk Systems Inc)
Change in the Nature of Business. The Company shall will not, and nor shall not it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary and its Subsidiaries would be changed in any material respect from the general nature of the business engaged in by it as of the Execution Date. As of the Execution Date, the general nature of the business of the Company or such Subsidiary on and its Subsidiaries is primarily the date business of this Agreementthe acquisition, financing and ownership of Senior Housing Assets and other business activities incidental thereto.
Appears in 1 contract
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on it as of the date of this Agreementhereof.
Appears in 1 contract
Samples: Note and Warrant Purchase Agreement (Cti Industries Corp)
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Company Closing Date or such Subsidiary on as of the date of this Agreementsuch Person becomes a Subsidiary hereunder.
Appears in 1 contract
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this AgreementAgreement (after giving effect to the consummation of the N.S. Bancorp Acquisition and the Merger).
Appears in 1 contract
Samples: Credit Agreement (Maf Bancorp Inc)
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any business or activity if if, as a result result, the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Company or such Subsidiary on the date of this AgreementClosing Date.
Appears in 1 contract
Samples: Credit Agreement (CTS Corp)
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this Agreement; provided, however, that the foregoing shall neither apply to nor operate to prevent the Company from conducting in a formally inactive Subsidiary any business or activity of the type generally conducted as of the date hereof by the Company or any Subsidiary.
Appears in 1 contract
Samples: Guaranty Agreement (Comshare Inc)
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this AgreementAgreement (after giving effect to the consummation of the Merger).
Appears in 1 contract
Samples: Credit Agreement (Maf Bancorp Inc)
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any business or activity (other than related, ancillary or complementary business or activities) if as a result the general nature of the business of the Company or any Subsidiary and its Subsidiaries, taken as a whole, would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on and its Subsidiaries, taken as a whole, as of the date of this AgreementClosing Date.
Appears in 1 contract
Change in the Nature of Business. The Company shall not, and nor shall not it permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Company or such Subsidiary on the date of this AgreementClosing Date.
Appears in 1 contract
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary on the date of this Agreement. Without limiting the generality of the foregoing, the Company shall cause Venture Packaging, Inc. to remain inactive until such Subsidiary is dissolved.
Appears in 1 contract
Samples: JPS Packaging Co
Change in the Nature of Business. The Company shall not, and shall not permit any Subsidiary of the Restricted Subsidiaries to, engage in any business or activity if as a result the general nature of the business of the Company or any Subsidiary and the Restricted Subsidiaries would be changed in any material respect from the general nature of the business engaged in by the Company or such Subsidiary and the Restricted Subsidiaries on the date of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Emcor Group Inc)