Common use of Line of Business Clause in Contracts

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 6 contracts

Samples: Note Purchase Agreement (Aecom Technology Corp), Note Purchase Agreement (Reliance Steel & Aluminum Co), Note Purchase Agreement (Sonic Corp)

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Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 5 contracts

Samples: Note Purchase Agreement (Aaron's Inc), Note Purchase Agreement (Aaron's Inc), Obligors Note Purchase Agreement (Aaron's Inc)

Line of Business. The Company will not, and will not permit any of its the Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business business, taken on a consolidated basis, which would then be engaged in which by the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged Subsidiaries would be substantially changed from the general nature business of the business in which exploration, development, production, processing, refining, transportation and marketing of hydrocarbons and such other necessary or related activities as the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described deems advisable in the Memorandumorder to conduct such business.

Appears in 4 contracts

Samples: Note Purchase Agreement (Obsidian Energy Ltd.), Note Purchase Agreement (Obsidian Energy Ltd.), Note Purchase Agreement (Obsidian Energy Ltd.)

Line of Business. The Company will not, not and will not permit any of its Restricted Subsidiaries to, to engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement the Closing as described in the Memorandum.

Appears in 4 contracts

Samples: Note Purchase Agreement (Invacare Corp), Note Purchase Agreement (Invacare Corp), Note Purchase Agreement (Invacare Corp)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries Subsidiary to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumClosing Date.

Appears in 3 contracts

Samples: Note Purchase Agreement (Amcol International Corp), Note Purchase Agreement (Perkinelmer Inc), Note Purchase Agreement (Perkinelmer Inc)

Line of Business. The Company will shall not, and will shall not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Appaloosa Management Lp), Convertible Note Purchase Agreement (Bio Plexus Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 2 contracts

Samples: Note Purchase Agreement (Diamond Foods Inc), Shaw Group Inc

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 2 contracts

Samples: Private Shelf Agreement (Aecom Technology Corp), Private Shelf Agreement (Aecom Merger Corp)

Line of Business. The Company will shall not, and will shall not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are is engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 2 contracts

Samples: Convertible Note Purchase Agreement (Appaloosa Management Lp), Convertible Note Purchase Agreement (Bio Plexus Inc)

Line of Business. The Company will shall not, and will shall not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business businesses in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 2 contracts

Samples: Note Purchase Agreement (Appaloosa Management Lp), Inamed Corp

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially materially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 2 contracts

Samples: Credit Agreement (Homeservices Com Inc), Note Purchase Agreement (Homeservices Com Inc)

Line of Business. (a) The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumDisclosure Document.

Appears in 1 contract

Samples: Note Purchase Agreement (Healthcare Realty Trust Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described Agreement. For purposes of clarification, the Company and its Subsidiaries may engage in all lines of business reasonably related to the Memorandumtextile business.

Appears in 1 contract

Samples: Subordinated Note Purchase Agreement (International Textile Group Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Significant Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Significant Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Significant Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 1 contract

Samples: Puerto Rican Cement Co Inc

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement Execution Date and as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Eastgroup Properties Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially materially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 1 contract

Samples: Pledge Agreement (Homeservices Com Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, Subsidiaries are engaged on the date of this Agreement Agreement, as described in the MemorandumSchedule 10.2.

Appears in 1 contract

Samples: Note Purchase and Private Shelf Agreement (West Pharmaceutical Services Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted it Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Schulman a Inc)

Line of Business. The Company will not, and will not permit any of its the Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement the Closing as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Chalone Wine Group LTD)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage to any substantial extent in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Mine Safety Appliances Co)

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Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (New England Business Service Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, to engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Smucker J M Co)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries Subsidiary to, engage in any business if, as a result, the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement Closing Date as described in the Offering Memorandum.

Appears in 1 contract

Samples: Securities Purchase Agreement (Able Telcom Holding Corp)

Line of Business. The Company will not, and will not permit any of its the Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumClosing.

Appears in 1 contract

Samples: Note Purchase Agreement (Chalone Wine Group LTD)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement Execution Date as described in the MemorandumOffering Letter. Section 10.4.

Appears in 1 contract

Samples: Note Purchase Agreement (Eastgroup Properties Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum.substantially

Appears in 1 contract

Samples: Eastgroup Properties Inc

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company, or the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted it Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumAgreement.

Appears in 1 contract

Samples: Note Purchase Agreement (American Crystal Sugar Co /Mn/)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the MemorandumEffective Date.

Appears in 1 contract

Samples: Note Purchase Agreement (Henry Schein Inc)

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum. .c2.Section 10.8.

Appears in 1 contract

Samples: Pg Energy Inc

Line of Business. The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandum. Section 10.11.

Appears in 1 contract

Samples: Note Purchase Agreement (Sonic Corp)

Line of Business. The Company will not, and will not permit any of its the Restricted Subsidiaries to, engage in any business other than any business conducted on the date hereof, the products manufacturing business and any business closely related to either of the foregoing if, as a result, the general nature of the business in which the Company and its the Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged conducted by them on the date hereof, the products manufacturing business and any business closely related to either of this Agreement as described in the Memorandumforegoing.

Appears in 1 contract

Samples: Note Purchase Agreement (Handy & Harman)

Line of Business. The Company will not, not and will not permit any of its Restricted Subsidiaries to, to engage in any business if, as a result, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as described in the Memorandumfinancial statements listed in Schedule 5.5.

Appears in 1 contract

Samples: Note Purchase Agreement (Eastgroup Properties Inc)

Line of Business. The Company will not, not and will not permit any of its Restricted Subsidiaries to, to engage in any business if, as a result, the general nature of the business in which the Company Obligors and its Restricted their Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company Obligors and its Restricted their Subsidiaries, taken as a whole, are engaged on the date of this Agreement the Closing as described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Sunrise Medical Inc)

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