Common use of Nature of Business Clause in Contracts

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 27 contracts

Samples: Securities Amendment and Purchase Agreement (HC Innovations, Inc.), Note Purchase Agreement (K2 Inc), Securities Amendment and Purchase Agreement (HC Innovations, Inc.)

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Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement.

Appears in 19 contracts

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

Nature of Business. Neither the Company nor any Consolidated Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Consolidated Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Consolidated Subsidiaries on the date of this AgreementAgreement as described in the Memorandum.

Appears in 8 contracts

Samples: Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp)

Nature of Business. Neither the Company nor any Consolidated Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Consolidated Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Consolidated Subsidiaries on the date of this Agreement.Agreement as described in the Company’s most recently filed Form 10-K.

Appears in 3 contracts

Samples: Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp), Allied Capital Corp

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this AgreementAgreement and described in the Offering Materials.

Appears in 3 contracts

Samples: Guaranty Agreement (Universal Forest Products Inc), Note Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

Nature of Business. Neither the Company nor any Principal Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Principal Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Principal Subsidiaries on the date of this AgreementClosing Date.

Appears in 3 contracts

Samples: Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co), Commercial Metals Co

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 3 contracts

Samples: Guaranty Agreement (Woodward Governor Co), Note Purchase Agreement (St Joe Co), Subsidiary Guaranty Agreement (St Joe Co)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the businessbusiness in which the Company and its Restricted Subsidiaries, taken on as a consolidated basiswhole, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by which the Company and its Subsidiaries Restricted Subsidiaries, taken as a whole, are engaged on the date of this AgreementClosing, as described in the Memorandum.

Appears in 2 contracts

Samples: Note Purchase Agreement (Alliance Resource Partners Lp), Subsidiary Guaranty Agreement (Alliance Resource Partners Lp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from its business relating to the general nature development, production, processing and transportation of the business engaged in by the Company and its Subsidiaries on the date of this Agreementhydrocarbons.

Appears in 2 contracts

Samples: Note Purchase Agreement (ENERPLUS Corp), Subordination Agreement (ENERPLUS Corp)

Nature of Business. Neither the Company nor any Subsidiary will of its Subsidiaries shall engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this AgreementOriginal Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on and described in the date of this AgreementAnnual Report.

Appears in 2 contracts

Samples: Assignment Agreement (Servicemaster Co), Assignment Agreement (Servicemaster Co)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries and described in the Annual Report of the Parent on Form 10-K for the date of this Agreementfiscal year ended December 31, 1994.

Appears in 2 contracts

Samples: Credit Agreement (Servicemaster LTD Partnership), Credit Agreement (Servicemaster LTD Partnership)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement, including the business engaged in by Seller.

Appears in 2 contracts

Samples: Preferred Stock Purchase Agreement (Berger Holdings LTD), Debenture Purchase Agreement (Berger Holdings LTD)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, business which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 2 contracts

Samples: Note Agreement (Nash Finch Co), Note Agreement (Nash Finch Co)

Nature of Business. Neither the Company nor any Subsidiary subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries subsidiaries on the date of this Agreement.

Appears in 2 contracts

Samples: Exchange Agreement (Berger Holdings LTD), Exchange Agreement (Argosy Investment Partners Lp)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on as described in the date of this AgreementDisclosure Documents.

Appears in 2 contracts

Samples: Credit Agreement (Servicemaster Co), Assignment Agreement (Servicemaster Co)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement.

Appears in 2 contracts

Samples: Note Agreement (Johnson Worldwide Associates Inc), Note Agreement (Johnson Worldwide Associates Inc)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from its business relating to the general nature development, production, processing and transportation of the business engaged in by the Company and its Subsidiaries on the date of this Agreementhydrocarbons.

Appears in 2 contracts

Samples: Note Purchase Agreement (Enerplus Resources Fund), Note Purchase Agreement (Enerplus Resources Fund)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its the Subsidiaries would be substantially changed from other than the general nature business of marketing, processing, distributing and selling nuts, related products and businesses reasonably related to any of the business engaged in by the Company and its Subsidiaries on the date of this Agreementforegoing.

Appears in 1 contract

Samples: Trust Agreement (Diamond Foods Inc)

Nature of Business. Neither the Company nor any Subsidiary ------------------ will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Clinicor Inc)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries (including, but not limited to, the Insurance Subsidiary) would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement. .SECTION 5.7.

Appears in 1 contract

Samples: World Acceptance Corporation (World Acceptance Corp)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on as described in the date of this AgreementMemorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Moore Corporation LTD)

Nature of Business. Neither the Company nor any Subsidiary will shall engage in any business ifbusiness, if as a result, when taken as a whole, the general nature of the business, taken on a consolidated basis, which would business then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by of the Company and its Subsidiaries on the date of this Agreementhereof and described in the attached Schedule 9.15.

Appears in 1 contract

Samples: Security and Pledge Agreement (Guilford Mills Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the businessbusiness of the Company and its Subsidiaries, taken on as a consolidated basiswhole, which would then be engaged in by the Company and its Subsidiaries Subsidiaries, would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Note Agreement (Fuller H B Co)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if(i)other than the business in which the Company and its Restricted Subsidiaries are engaged in presently or which are reasonable extensions thereof or are incidental to the Company's operations, or (ii)if as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.and

Appears in 1 contract

Samples: Note Agreement (Allied Holdings Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement. .

Appears in 1 contract

Samples: Carter Wallace Inc /De/

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this AgreementClosing Date.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Nature of Business. Neither the Company nor any Restricted Subsidiary will shall engage in any business ifbusiness, if as a result, when taken as a whole, the general nature of the business, taken on a consolidated basis, which would business then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by of the Company and its Subsidiaries on the date of this Agreementhereof and described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Guilford Mills Inc)

Nature of Business. Neither the Company Corporation nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company Corporation and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries Corporation on the date of this AgreementMerger Date.

Appears in 1 contract

Samples: Note Agreement (California Water Service Group)

Nature of Business. Neither the Company nor any Consolidated Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Consolidated Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Consolidated Subsidiaries on the date of this AgreementAgreement as described in the SEC Disclosure Documents.

Appears in 1 contract

Samples: Remarketing and Contingent Purchase Agreement (Allied Capital Corp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this AgreementEffective Date.

Appears in 1 contract

Samples: Guaranty Agreement (Oil-Dri Corp of America)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this AgreementClosing Date and described in the Memorandum. Section 5.6.

Appears in 1 contract

Samples: Note Agreement (California Water Service Co)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on as of the date of this Agreement.

Appears in 1 contract

Samples: Preferred Stock Conversion Agreement (Matador Petroleum Corp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business or activity if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Alumax Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Note Agreement (Russell Corp)

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Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company Fund and its Subsidiaries would be substantially changed from its business relating to the general nature development, production, processing and transportation of the business engaged in by the Company and its Subsidiaries on the date of this Agreementhydrocarbons.

Appears in 1 contract

Samples: Guarantee and Subordination Agreement (Enerplus Resources Fund)

Nature of Business. Neither the Company nor any Subsidiary will shall engage in any business ifbusiness, if as a result, when taken as a whole, the general nature of the business, taken on a consolidated basis, which would business then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by of the Company and its Subsidiaries on the date of this Agreementhereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Hughes Supply Inc)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then than be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Note Agreement (Standard Motor Products Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement; provided, that any sale or other disposition of the Company's natural gas distribution business shall not be deemed to be a change in the general nature of the business of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Note Agreement (Unitil Corp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business business, if, as a result, when taken as a whole, the general nature of the business, taken on a consolidated basis, which would then be engaged in by business of the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by of the Company and its Restricted Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Philadelphia Suburban Corp)

Nature of Business. Neither the Company nor any Subsidiary ------------------------------- will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: U S Rentals Inc

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.substantially

Appears in 1 contract

Samples: Penford Corp

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this AgreementClosing.

Appears in 1 contract

Samples: Note Purchase Agreement (Oil Dri Corporation of America)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement. No transaction or series of transactions permitted under §5.17 or constituting Ordinary Course Investments shall be deemed to violate this §5.5.

Appears in 1 contract

Samples: Note Agreements (K2 Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries Subsidiaries, taken as a whole, on the date of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Cameron Ashley Building Products Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on as of the date of this Agreement, which is the business of cellular therapy and the development of healthcare products involving cellular therapy.

Appears in 1 contract

Samples: Nexell Therapeutics Inc

Nature of Business. Neither the Company nor any Subsidiary will shall engage in any business ifbusiness, if as a result, when taken as a whole, the general nature of the business, taken on a consolidated basis, which would business then be engaged in by the Company and its Subsidiaries would be substantially Materially changed from the general nature of the business engaged in by of the Company and its Subsidiaries on the date of this Agreementhereof.

Appears in 1 contract

Samples: Note Purchase Agreement (Performance Food Group Co)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries (including, but not limited to, the Insurance Subsidiary) would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement. .Section 5.7.

Appears in 1 contract

Samples: Note Agreement (World Acceptance Corp)

Nature of Business. Neither the Company nor any Significant Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Significant Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Significant Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Nordson Corp

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a 42 consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Marcus Corp)

Nature of Business. Neither the Company nor any Consolidated Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Consolidated Subsidiaries would be substantially changed from the general nature of the business engaged in Allied Capital Corporation 2003 Note Agreement by the Company and its Consolidated Subsidiaries on the date of this AgreementAgreement as described in the Memorandum.

Appears in 1 contract

Samples: Note Agreement (Allied Capital Corp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this AgreementAgreement and businesses related thereto.

Appears in 1 contract

Samples: Note Purchase Agreement (Oceaneering International Inc)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement; provided, that any sale or other disposition of the Company’s natural gas distribution business shall not be deemed to be a change in the general nature of the business of the Company and its Subsidiaries.

Appears in 1 contract

Samples: Note Agreement (Unitil Corp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the businessbusiness (including but not limited to water reclamation and sewage treatment), taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this AgreementExecution Date.

Appears in 1 contract

Samples: Note Agreement (SJW Corp)

Nature of Business. Neither the Company nor any any\ Restricted\ Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its the\ Restricted\ Subsidiaries would be substantially changed from its business relating to the general nature development, production, processing and transportation of the business engaged in by the Company and its Subsidiaries on the date of this Agreementhydrocarbons.

Appears in 1 contract

Samples: Note Purchase Agreement (PENGROWTH ENERGY Corp)

Nature of Business. Neither the Company nor any Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: West Marine Inc

Nature of Business. Neither the Company nor any ------------------ Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature of the business engaged in by the Company and its Restricted Subsidiaries on the date of this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Acuson Corp)

Nature of Business. Neither the Company nor any Restricted Subsidiary will engage in any business if, as a result, the general nature of the business, taken on a consolidated basis, which would then be engaged in by the Company and its Restricted Subsidiaries would be substantially changed from the general nature storage, transmission and sale of the business engaged in by the Company water for domestic, industrial and its Subsidiaries on the date of this Agreementcommercial uses, and activities related thereto.

Appears in 1 contract

Samples: Note Agreement (Connecticut Water Service Inc / Ct)

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