Change in the Nature of Business. The Borrower shall not, nor shall it permit Whitestone REIT or any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Borrower, Whitestone REIT, or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Closing Date.
Appears in 8 contracts
Samples: Credit Agreement (Whitestone REIT), Credit Agreement (Whitestone REIT), Assignment and Assumption (Whitestone REIT)
Change in the Nature of Business. The Borrower shall not, nor shall it permit Whitestone REIT or any Subsidiary to and PROP shall not, nor shall it permit any PROP Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Borrower, Whitestone REIT, or any Subsidiary Subsidiarysuch Person would be changed in any material respect from the general nature of the business engaged in by it as of the Closing Date.
Appears in 2 contracts
Samples: Whitestone Credit Agreement (Pillarstone Capital Reit), Whitestone Credit Agreement (Whitestone REIT)
Change in the Nature of Business. Change in the Nature of Business. The Borrower shall not, nor shall it permit Whitestone REIT or any Subsidiary to, engage in any business or activity if as a result the general nature of the business of the Borrower, Whitestone REIT, or any Subsidiary would be changed in any material respect from the general nature of the business engaged in by it as of the Closing Date.
Appears in 1 contract
Samples: Credit Agreement (Whitestone REIT Operating Partnership, L.P.)
