Common use of Character of Business Clause in Contracts

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 10 contracts

Samples: Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.)

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Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 5 contracts

Samples: Loan and Security Agreement (Sugarfina Corp), Loan and Security Agreement (Superior Drilling Products, Inc.), Loan and Security Agreement (Energy Focus, Inc/De)

Character of Business. Engage in any business activities or --------------------- operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Pcsupport Com Inc), Continuing Guaranty (Mercury General Corp)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its the present business activities and operations, or permit any Subsidiary to do sooperations of the Borrowers.

Appears in 2 contracts

Samples: Credit Agreement (Northland Holdings Management Inc), Revolving Credit Agreement (Central Michigan Distribution Co Lp)

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Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary (other than an Excluded Subsidiary) to do so.

Appears in 2 contracts

Samples: Revolving Credit Agreement (National Technical Systems Inc /Ca/), Revolving Credit Agreement (National Technical Systems Inc /Ca/)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Domestic Subsidiary to do so.

Appears in 1 contract

Samples: Credit Agreement (Digital Turbine, Inc.)

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