Common use of Change in the Nature of Business Clause in Contracts

Change in the Nature of Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, engage, in any material respect, in a business other than the manufacturing and provision of such products and services as the Borrower and its Subsidiaries currently manufacture and provide or products and services that are similar to the services and products currently provided and activities related and complementary to any of the foregoing.

Appears in 19 contracts

Sources: Credit Agreement (Vipshop Holdings LTD), Credit Agreement (China Biologic Products, Inc.), Credit Agreement (Hoku Corp)

Change in the Nature of Business. The Borrower shall not, and shall not permit any of its Material Subsidiaries to, engage, in any material respect, in a business other than the manufacturing and provision of such products and services as the Borrower and its Material Subsidiaries currently manufacture and provide or products and services that are similar to the services and products currently provided and activities related and complementary to any of the foregoing.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (China Biologic Products, Inc.)

Change in the Nature of Business. The Borrower shall not, and shall not permit any of its Subsidiaries to, engage, engage in any material respect, in a business other than the manufacturing and provision of such products and services as the Borrower and its Subsidiaries currently manufacture and provide or products and services that are similar to the services and products currently provided and activities related and complementary to any of the foregoingBusiness.

Appears in 1 contract

Sources: Credit Agreement (Enviva Partners, LP)