Common use of Change of business Clause in Contracts

Change of business. The Obligors shall procure that no substantial change is made to the general nature of the business of any of the Borrowers or the Group from that carried on at the date of this Agreement and that there shall be no cessation of any substantial part of such business.

Appears in 6 contracts

Samples: Agreement (Kronos Worldwide Inc), Agreement (Kronos International Inc), Agreement (Kronos International Inc)

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Change of business. The Obligors Each Obligor shall procure that no substantial change is made to the general nature of the business of any of the Borrowers or the Group Obligors from that carried on at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 5 contracts

Samples: Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co)

Change of business. The Obligors shall procure ensure that no substantial change is made to the general nature of the business of any of the Borrowers or the Group Obligors from that carried on out at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Hemen Holding LTD), Loan Agreement (Hemen Holding LTD)

Change of business. The Obligors shall procure that no substantial change is made to the general nature of the business of any of the Borrowers Group or the Group Obligors taken as a whole from that carried on at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 2 contracts

Samples: Assignment and Assumption (WABCO Holdings Inc.), Facility Agreement (WABCO Holdings Inc.)

Change of business. The Obligors shall procure ensure that no substantial change is made to the general nature of the business of any of the Borrowers or the Group .Obligors from that carried on out at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Flex LNG Ltd.), Revolving Credit Facility Agreement (Flex LNG Ltd.)

Change of business. The Obligors shall procure that no substantial change is made to the general nature na­ture of the business of any of the Borrowers or the Group from that carried on at the date of this Agreement and that there shall be no cessation of any substantial part of such business.

Appears in 2 contracts

Samples: Agreement (Kronos International Inc), Agreement (Kronos International Inc)

Change of business. The Obligors Each Obligor shall procure that no substantial change is made to the general nature of the its business of any of the Borrowers or the Group from that carried on out at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement, unless consented to in writing by the Lenders.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.)

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Change of business. (a) The Obligors shall Obligor will procure that there shall be no substantial change is made to in the general nature of the business of any of the Borrowers or the Group Obligors from that carried on out at the date of this Agreement and that there shall be no cessation change in the agreed corporate structure of any substantial part of such businessthe Obligors or the XXXX Group.

Appears in 1 contract

Samples: Second Supplemental Agreement (KNOT Offshore Partners LP)

Change of business. The Obligors shall procure that no substantial change is made to the general nature of the business of any of the Borrowers Borrower or the Group taken as a whole from that carried on by the Group at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 1 contract

Samples: Agreement (Digital Landscape Group, Inc.)

Change of business. The Obligors Each Obligor shall procure that no substantial change is made to the general nature of the business of any of the Borrowers Borrower or the Group taken as a whole from that carried on at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 1 contract

Samples: Assignment Agreement (China Shandong Industries, Inc.)

Change of business. The Obligors shall procure that no substantial change is made to the general nature of the business of any of the Borrowers or the Group Obligor from that carried on at the date of this Agreement and that there shall be no cessation of any substantial part of such businessAgreement.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

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