Common use of Change of Clause in Contracts

Change of. BUSINESS The Guarantor ceases, or announces publicly its decision to cease, to carry on all of the business it carries on at the date hereof or enters into any new or unrelated business which is substantial in the context of the VNU Group and which does not relate to the media, communication or information industry. For the purposes of this Clause 16.12 a new or unrelated business shall be deemed to be "substantial" if the assets or revenues of such business at the time such business is entered into, when aggregated with the assets or revenues of each other business of the VNU Group or any part thereof at such time which does not relate to the media, communication or information industry, constitute at least 10% of the assets or revenues of the VNU Group at such time.