Common use of Nature of Business Clause in Contracts

Nature of Business. The Company will not, and will not permit any Restricted 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 Memorandum.

Appears in 14 contracts

Samples: Note Purchase Agreement (Donaldson Co Inc), Note Purchase Agreement (Watts Water Technologies Inc), Pledge Agreement (Lincare Holdings Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 Memorandum.

Appears in 4 contracts

Samples: Master Note Purchase Agreement (Polaris Industries Inc/Mn), Master Note Purchase Agreement (Polaris Industries Inc/Mn), Note Purchase Agreement (Pool Corp)

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Nature of Business. The Company will not, and will not permit any of its Restricted Subsidiary 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 and materially 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 as described in the MemorandumAgreement.

Appears in 4 contracts

Samples: Indenture (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp), Note Purchase Agreement (New Jersey Resources Corp)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged 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 Memorandum.

Appears in 3 contracts

Samples: Guaranty Agreement (Caseys General Stores Inc), Caseys General Stores Inc, Note Purchase Agreement (Caseys General Stores Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 Memorandum.

Appears in 3 contracts

Samples: Note Purchase Agreement (Tetra Technologies Inc), Master Note Purchase Agreement (Tetra Technologies Inc), Note Purhase Agreement (Tetra Technologies Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary of its 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 3 contracts

Samples: Note Purchase Agreement (Calamos Asset Management, Inc. /DE/), Calamos Asset Management, Inc. /DE/, Note Purchase Agreement (Dakota Growers Pasta Co)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged 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 3 contracts

Samples: Guaranty Agreement (Caseys General Stores Inc), Guaranty Agreement (Caseys General Stores Inc), Guaranty Agreement (Caseys General Stores Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a result, the general nature of the business in which of the Company and its Restricted Subsidiaries, taken as a whole, 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 which by 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: Credit and Term Loan Agreement (Waste Management Inc), Credit and Term Loan Agreement (Waste Management Inc), Credit and Term Loan Agreement (Waste Management Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary toSubsidiary, engage to engage, in any business if, as a result, the general nature of the business in which of the Company and its Restricted Subsidiaries, taken as a whole, 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 which by the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement Closing Date as described in the Memorandum.

Appears in 3 contracts

Samples: Letter of Credit and Term Loan Agreement (Chicago Bridge & Iron Co N V), Letter of Credit and Term Loan Agreement (Chicago Bridge & Iron Co N V), Letter of Credit and Term Loan Agreement (Chicago Bridge & Iron Co N V)

Nature of Business. The Company will not, and nor will not it permit any Restricted Subsidiary to, engage in any business or activity if, as a result, the general nature of the business which would then be engaged in which by the Company and its Restricted Subsidiaries, Subsidiaries taken as a whole, would then be engaged whole would be substantially changed from the general nature Eligible Lines of the business in which the Company and its Restricted Subsidiaries, taken Business existing as a whole, are engaged on of the date of this Agreement as described in the MemorandumAgreement.

Appears in 3 contracts

Samples: Credit Agreement (Morrison Knudsen Corp//), Credit Agreement (Morrison Knudsen Corp//), Credit Agreement (Morrison Knudsen Corp//)

Nature of Business. The Company will not, and will not permit any of its Restricted Subsidiary 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 and materially 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 as described in the MemorandumClosing.

Appears in 2 contracts

Samples: New Jersey Resources Corp, Note Purchase Agreement (New Jersey Resources Corp)

Nature of Business. The Company will not, and will not permit any Restricted 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 MemorandumAgreement.

Appears in 2 contracts

Samples: Agreement (Aptargroup Inc), Agreement (Aptargroup Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a result, the general nature of the business 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 MemorandumMemorandum (it being understood that this covenant shall not require the Company to remain in any current business if it remains in one or more current businesses of the Company or its Subsidiaries).

Appears in 2 contracts

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

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business business, if, as a result, the general nature of the business in which of the Company and its Restricted Subsidiaries, when taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which of the Company and its Restricted Subsidiaries, when 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 (Jackson Hewitt Tax Service Inc), Jackson Hewitt Tax Service Inc

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a result, the general nature of the business 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 Schedule 10.6 (it being understood that this covenant shall not require the MemorandumCompany to remain in any current business if it remains in one or more current businesses of the Company or its Subsidiaries).

Appears in 2 contracts

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

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a result, the general nature of the business 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 (it being understood that this covenant shall not require the Company to remain in any current business if it remains in one or more current businesses of the MemorandumCompany or its Subsidiaries).

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (Ruby Tuesday Inc), Subsidiary Guaranty Agreement (Ruby Tuesday Inc)

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

Appears in 2 contracts

Samples: Private Shelf Agreement (Wausau Paper Corp.), Note Agreement (Wausau Paper Corp.)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary of the Subsidiaries to, engage in any business ifbusiness, if as a result, when taken as a whole, the general nature of the business businesses in which the Company and its Restricted Subsidiaries, taken as a whole, would then be the Subsidiaries are 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 is conducted on the date of this Agreement as described or in other consumer products markets and the Memorandummanufacturing of ingredients therefor.

Appears in 2 contracts

Samples: Note Purchase Agreement (Ralcorp Holdings Inc /Mo), Ralcorp Holdings Inc /Mo

Nature of Business. The Company will not, and will not permit any of its Restricted Subsidiary 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 and materially 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 as described in the Memorandumhereof.

Appears in 2 contracts

Samples: Subsidiary Guaranty Agreement (New Jersey Resources Corp), Subsidiary Guaranty Agreement (New Jersey Resources Corp)

Nature of Business. The Company will not, not and will not permit any Restricted Subsidiary to, 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, Subsidiaries taken as a whole, would then be engaged whole would be substantially changed from the general nature of the business engaged in which by the Company and its Restricted Subsidiaries, Subsidiaries taken as a whole, are engaged whole on the date of this Agreement Agreement, except as described in the Memorandumallowed by Section 10.3.

Appears in 1 contract

Samples: Note Purchase Agreement (Analysts International Corp)

Nature of Business. The Except for acquisitions in the business services industry, the Company will not, not and will not permit any Restricted Subsidiary 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.. TALX Corporation Note Purchase Agreement

Appears in 1 contract

Samples: Intercreditor Agreement (Talx Corp)

Nature of Business. The Company will not, not and will not permit any Restricted Subsidiary 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 (International Flavors & Fragrances Inc)

Nature of Business. The Except for acquisitions in the business services industry, the Company will not, not and will not permit any Restricted Subsidiary 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 (Equifax Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged 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 1 contract

Samples: Note Purchase Agreement (Cerner Corp /Mo/)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, and cause such Subsidiary not 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 1 contract

Samples: Note Purchase Agreement (ZBB Energy Corp)

Nature of Business. The Company will not, and will not permit any Restricted 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 that 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 (Furniture Brands International Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 and related services 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. 10.8.

Appears in 1 contract

Samples: Subsidiaries and Ownership of Subsidiary (Ace Hardware Corp)

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

Appears in 1 contract

Samples: Note Purchase Agreement (Globe Business Resources Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 MemorandumDisclosure Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (Tetra Technologies Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 MemorandumSEC Reports.

Appears in 1 contract

Samples: Note Purchase Agreement (Elkcorp)

Nature of Business. The Company and the Co-Obligors will notnot engage, and will not permit any Restricted Subsidiary toto engage, 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 1 contract

Samples: Note Purchase Agreement (Chicago Bridge & Iron Co N V)

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Nature of Business. The Company will not, and will not permit any Restricted Subsidiary 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 of the business engaged in which by the Company and its Restricted Subsidiaries, taken as a whole, are engaged Subsidiaries on the date of this Agreement as described in the MemorandumAgreement.

Appears in 1 contract

Samples: Debenture Purchase Agreement (Aqua Care Systems Inc /De/)

Nature of Business. The Company will not, and will not permit any Restricted 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 Effective Date as described in the MemorandumDisclosure Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (Tetra Technologies Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, the general nature of the business in which businesses of the Company and its Restricted the 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 businesses thereof described in the Placement Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Cerplex Group Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage enrage in any business if, as a resultresult thereof, the general nature of the business in which then to be conducted by the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be substantially changed from materially different than the general nature of the automotive parts 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 MemorandumPrivate Placement Memorandum dated October 1992.

Appears in 1 contract

Samples: Note Agreement (Standard Motor Products Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary 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 of the business engaged in which by the Company and its Restricted Subsidiaries, taken as a whole, are engaged Subsidiaries on the date of this Agreement as described in the Memorandumand businesses related thereto.

Appears in 1 contract

Samples: Private Shelf Agreement (Oceaneering International Inc)

Nature of Business. The Company will not, and nor will not it permit any Restricted Subsidiary to, engage in any business or activity if, as a result, the general nature of business which would then be engaged in by the Company and its Subsidiaries taken as a whole would be materially different from the business in which the Company and its Restricted Subsidiaries, taken they are engaged 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 Memorandumhereof.

Appears in 1 contract

Samples: Credit Agreement (Platinum Entertainment Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a result, the general nature of the business 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 (it being understood that this covenant shall not require the Company to remain in any current business if it remains in one or more current businesses of the MemorandumCompany or its Subsidiaries)."

Appears in 1 contract

Samples: Note Purchase Agreement (Meredith Corp)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, the general nature principal businesses of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged would be changed 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 businesses thereof described in the Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Optical Coating Laboratory Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, 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 of the business engaged in which by the Company and its Restricted Subsidiaries, taken as a whole, are engaged Subsidiaries on the date of this Agreement as described in the MemorandumClosing.

Appears in 1 contract

Samples: Note Purchase Agreement (Granite Construction Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 MemorandumDisclosure Documents. The Company will not transfer or sell a currently regulated business of the Company to its Subsidiaries.

Appears in 1 contract

Samples: Note Purchase Agreement (Energy West Inc)

Nature of Business. The Company will not, and will not permit any Restricted 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 were engaged on the date of this Agreement as described in the MemorandumDecember 31, 2008.

Appears in 1 contract

Samples: Note Purchase Agreement (Federal Signal Corp /De/)

Nature of Business. The Company will not, and will not permit any Restricted 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 Memorandum.,

Appears in 1 contract

Samples: Note Purchase Agreement (Lincare Holdings Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, and cause such Subsidiary not to, engage in any business if, as a result, the general nature of the business in which the Company and its Restricted the 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 the 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 (Advanced Growing Systems, Inc.)

Nature of Business. The Company will not, and will not permit any Restricted 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 Restatement Date as described in the MemorandumDisclosure Documents.

Appears in 1 contract

Samples: Note Purchase Agreement (Tetra Technologies Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Phoenix Companies Inc/De)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a result, the general nature line of the business in which it is not currently engaged if as a result thereof the business of the Company and its Restricted Subsidiaries, Subsidiaries taken as a whole, would then be engaged whole would be substantially changed different from the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, are engaged on what it was at the date of this Agreement as described in the MemorandumAgreement.

Appears in 1 contract

Samples: Note Agreement (Spartan Stores Inc)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any new business if, as a resultresult thereof, the general nature of the business then to be engaged in which by 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 engaged in which by the Company and its Restricted Subsidiaries, taken as a whole, are engaged on the date of this Agreement as Subsidiaries described in the MemorandumPrivate Placement Memorandum dated July 1992.

Appears in 1 contract

Samples: Danaher Corporation Note Agreement (Danaher Corp /De/)

Nature of Business. The Company will not, and will not permit any Restricted Subsidiary to, engage in any business if, as a resultresult thereof, the general nature of the business in which the Company and its Restricted Subsidiaries, taken as a whole, would then be engaged 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 Memorandum.

Appears in 1 contract

Samples: Note Purchase Agreement (Butler Manufacturing Co)

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