Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 10 contracts
Samples: Revolving Credit Agreement (Laclede Gas Co), Revolving Credit Agreement (Laclede Group Inc), Revolving Credit Agreement (Laclede Gas Co)
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, materially alter the general nature of the business that would then be engaged in by of Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business and reasonable extensions thereof engaged in by Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 6 contracts
Samples: Loan Agreement (Laclede Gas Co), Loan Agreement (Laclede Gas Co), Loan Agreement (Laclede Group Inc)
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary of its Subsidiaries to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this AgreementCompany Business.
Appears in 6 contracts
Samples: Security Agreement (Torch Offshore Inc), Revolving Credit Agreement (Halter Marine Group Inc), Security Agreement (Torch Offshore Inc)
Changes in Nature of Business. The Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, materially alter the general nature of the business that would then be engaged in by of the Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business and reasonable extensions thereof engaged in by the Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 5 contracts
Samples: Loan Agreement (Spire Missouri Inc), Loan Agreement (Spire Missouri Inc), Loan Agreement (Spire Missouri Inc)
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries Subsidiaries, considered as a whole, as of the date of this Agreement.
Appears in 4 contracts
Samples: Loan Agreement (Schiff Nutrition International, Inc.), Loan Agreement (Schiff Nutrition International, Inc.), Revolving Credit Agreement (Cpi Corp)
Changes in Nature of Business. Such Borrower will not, and it will not cause or permit any Subsidiary of such Borrower to, engage in any business if, as a result, materially alter the general nature of the business that would then be engaged in by of such Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business and reasonable extensions thereof engaged in by such Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 3 contracts
Samples: Loan Agreement (Spire Missouri Inc), Loan Agreement (Spire Alabama Inc), Loan Agreement (Laclede Gas Co)
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 3 contracts
Samples: Loan Agreement (Featherlite Inc), Revolving Credit Agreement (Cpi Corp), Assignment and Assumption Agreement (Cpi Corp)
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries Subsidiaries, considered as a whole, as of the date of this Agreement.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Accentia Biopharmaceuticals Inc), Revolving Credit Agreement (Accentia Biopharmaceuticals Inc)
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement; provided, however, that the foregoing shall not prevent Borrower or any of its Subsidiaries from engaging in any business that is reasonably related or ancillary to its business.
Appears in 2 contracts
Samples: Term Loan Agreement (Hennessy Advisors Inc), Loan Agreement (Hennessy Advisors Inc)
Changes in Nature of Business. Borrower will not, and it will not ----------------------------- cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 1 contract
Changes in Nature of Business. Borrower will not, and it will not cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement.
Appears in 1 contract
Changes in Nature of Business. Borrower will not, and it will not ------------------------------ cause or permit any Subsidiary to, engage in any business if, as a result, the general nature of the business that which would then be engaged in by Borrower and its Subsidiaries, considered as a whole, would be substantially changed from the general nature of the business engaged in by Borrower and its Subsidiaries as of the date of this Agreement, which is the business of emergency air medical transportation services.
Appears in 1 contract
Samples: Loan Agreement (Air Methods Corp)
