Common use of Additional Negative Covenants Clause in Contracts

Additional Negative Covenants. Not to, without the Bank’s written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage in any business activities substantially different from the Borrower’s present business. (c) Liquidate or dissolve the Borrower’s business. (d) Voluntarily suspend the Borrower’s business for more than seven (7) days in any thirty (30) day period.

Appears in 4 contracts

Sources: Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.), Loan Agreement (Wayfair Inc.)

Additional Negative Covenants. Not to, without the Bank’s 's written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage engage in any business activities substantially different from the Borrower’s 's present business. (b) liquidate or dissolve the Borrower's business. (c) Liquidate or dissolve the Borrower’s business. (d) Voluntarily voluntarily suspend the Borrower’s its business for more than seven (7) 7 days in any thirty (30) 30 day period.

Appears in 1 contract

Sources: Business Loan Agreement (Novatel Wireless Inc)

Additional Negative Covenants. Not to, without the Bank’s written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage in any business activities substantially different from the Borrower’s present business. (cb) Liquidate or dissolve the Borrower’s business.. Ref #: 1002474994 : - Sundance Energy, L.P. Standard Loan Agreement (dc) Voluntarily suspend the Borrower’s business for more than seven zero (70) days in any thirty three hundred sixty-five (30365) day period.

Appears in 1 contract

Sources: Loan Agreement (Energy Resources 12, L.P.)

Additional Negative Covenants. Not to, without the Bank’s written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage in any business activities substantially different from the Borrower’s present business. (cb) Liquidate or dissolve the Borrower’s business. (dc) Voluntarily suspend the Borrower’s business for more than seven zero (70) days in any thirty three hundred sixty five (30365) day period.

Appears in 1 contract

Sources: Loan Agreement (Apple REIT Ten, Inc.)

Additional Negative Covenants. Not to, without the Bank’s 's written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage in any business activities substantially different from the Borrower’s 's present business. (b) Liquidate or dissolve the Borrower's business. (c) Liquidate or dissolve the Borrower’s business. (d) Voluntarily suspend the Borrower’s its business for more than seven ten (710) days in any thirty (30) day period.

Appears in 1 contract

Sources: Loan Agreement (Tootsie Roll Industries Inc)

Additional Negative Covenants. Not to, without the Bank’s written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage engage in any business activities substantially different from the Borrower’s present business. (cb) Liquidate liquidate or dissolve the Borrower’s business. (dc) Voluntarily voluntarily suspend the Borrower’s business for more than seven (7) 10 days in any thirty one (301) day year period.

Appears in 1 contract

Sources: Business Loan Agreement (Network Equipment Technologies Inc)

Additional Negative Covenants. Not to, without the Bank’s written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage in any business activities substantially different from the Borrower’s present business. (c) Liquidate or dissolve the Borrower’s business. (db) Voluntarily suspend the Borrower’s business for more than seven (7) days in any thirty (30) 365-day period.

Appears in 1 contract

Sources: Loan Agreement (American Shared Hospital Services)

Additional Negative Covenants. Not toto do any of the following, without the Bank’s written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination. (b) Engage in any business activities substantially different from the Borrower’s present business. (c) Liquidate or dissolve the Borrower’s business. (dc) Voluntarily suspend the Borrower’s business for more than seven (7) days in any thirty (30) day period.

Appears in 1 contract

Sources: Loan Agreement (Newport Corp)

Additional Negative Covenants. Not to, without the Bank’s 's written consent, not to be unreasonably withheld, conditioned or delayed: : (a) Enter into any consolidation, merger, or other combination, unless Borrower is the surviving entity. (b) Engage in any business activities substantially different from the Borrower’s 's present businessbusiness and other businesses reasonably related or incidental thereto or which are reasonably extensions thereof. (c) Liquidate or dissolve the Borrower’s 's business. (d) Voluntarily suspend the Borrower’s its business for more than seven (7) days in any thirty (30) day perioddays.

Appears in 1 contract

Sources: Loan Agreement (DLH Holdings Corp.)

Additional Negative Covenants. Not to, without the Bank’s 's written consent, not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, or other combination, or become a partner in a partnership, a member of a joint venture, or a member of a limited liability company. (b) Engage in any business activities substantially different from the Borrower’s 's present business. (c) Liquidate or dissolve the Borrower’s 's business. (d) Voluntarily suspend the Borrower’s its business for more than seven zero (70) days in any thirty three hundred and sixty five (30365) day period.

Appears in 1 contract

Sources: Loan Agreement (Video Display Corp)

Additional Negative Covenants. Not to, without the Bank’s 's written consent, which shall not to be unreasonably withheld, conditioned or delayed: (a) Enter into any consolidation, merger, liquidate or other combinationdissolve the Borrower's business. (b) Engage in enter into any business activities substantially different from consolidation, merger or other combination, unless the Borrower’s present businessBorrower is the surviving entity. (c) Liquidate or dissolve the Borrower’s business. (d) Voluntarily voluntarily suspend the Borrower’s its business for more than seven (7) days in any thirty (30) day period.

Appears in 1 contract

Sources: Business Loan Agreement (Vans Inc)