Example ContractsClauseschanges in business, management, ownership, or business locationsVariants
Remove:

Nature of Business. Make any material change in the nature of its or their business as described in [Schedule 6.6] or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that, the foregoing shall not prevent any Borrower and its Subsidiaries from engaging in any business that is reasonably related or ancillary to its or their business.

Nature of Business. MakeBorrower will not, and will not permit any Loan Party or any Subsidiary of any Loan Party to make any material change in the nature of its or their business as described in [Schedule 6.6]5] or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that,that the foregoing shall not prevent any Borrower and itssuch Subsidiaries from engaging in any business that is reasonably related or ancillary to its or their business.

Change in Nature of Business. MakeEngage in any material change inline of business substantially different from those lines of business conducted by the nature of its or their business as described in [Schedule 6.6] or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that, the foregoing shall not prevent any Borrower and its Subsidiaries from engaging inon the date hereof or any business that is reasonablysubstantially related or ancillary to its or their business.incidental thereto.

Nature of Business. MakeNo Borrower shall, and no Borrower shall permit any of its Subsidiaries to, make any material change in the nature of its or their business as described in [Schedule 6.6]conducted on the Closing Date or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that,that the foregoing shall not prevent any Borrower and its Subsidiaries from engaging in any business that is reasonably relatedrelated, incidental or ancillary to its or their business.

SECTION # Change in Nature of Business. MakeEngage in any material change inline of business substantially different from those lines of business conducted by the nature of its or their business as described in [Schedule 6.6] or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that, the foregoing shall not prevent any Borrower and its Subsidiaries from engaging inon the date hereof or any business that is reasonablysubstantially related or ancillary to its or their business.incidental thereto.

Section # Change in Nature of Business. MakeEngage in any material change inline of business substantially different from those lines of business conducted by the nature of its or their business as described in [Schedule 6.6] or acquire any properties or assets that are not reasonably related to the conduct of such business activities; provided, that, the foregoing shall not prevent any Borrower and itsthe Restricted Subsidiaries from engaging inon the date hereof or any business that is reasonably relatedrelated, complementary, synergistic or ancillary to itsthereto or their business.reasonable extensions thereof.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.