Common use of Changes in Business Clause in Contracts

Changes in Business. The Borrower shall not enter into any business which is substantially different from that conducted by the Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents.

Appears in 15 contracts

Sources: Term Loan Agreement (Kilroy Realty, L.P.), Credit Agreement (Kilroy Realty, L.P.), Term Loan Agreement (Kilroy Realty, L.P.)

Changes in Business. The Borrower shall not enter ------------------- into any business which is substantially different from that conducted by the Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents.

Appears in 4 contracts

Sources: Revolving Credit Agreement (Kilroy Realty Corp), Revolving Credit Agreement (Kilroy Realty Corp), Credit Agreement (Kilroy Realty Corp)

Changes in Business. The Borrower shall not enter into ------------------- any business which is substantially different from that conducted by the Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents.

Appears in 3 contracts

Sources: Revolving Credit Agreement (Kilroy Realty Corp), Revolving Credit Agreement (Kilroy Realty Corp), Credit Agreement (Kilroy Realty Corp)

Changes in Business. The Borrower shall not enter into any business which is substantially different from that conducted by the Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents. The Borrower shall carry on its business operations through the Borrower and its Subsidiaries.

Appears in 2 contracts

Sources: Senior Term Loan Agreement (Merry Land Properties Inc), Senior Subordinated Term Loan Agreement (Merry Land Properties Inc)

Changes in Business. The No Borrower shall not enter into any business which is substantially different from that conducted by the such Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents. Each Borrower shall carry on its business operations through itself, its Subsidiaries or otherwise.

Appears in 1 contract

Sources: Revolving Credit Agreement (Rait Investment Trust)

Changes in Business. The Borrower shall not enter into any ------------------- business which is substantially different from that conducted by the Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents.

Appears in 1 contract

Sources: Revolving Credit Agreement (Kilroy Realty Corp)