Common use of Changes in Nature of Business Clause in Contracts

Changes in Nature of Business. The Borrower shall not engage in any business other than businesses of the type conducted by the Borrower on the date of execution of this Agreement and businesses reasonably related thereto.

Appears in 2 contracts

Sources: Commercial Loan Agreement (Beneficient Co Group, L.P.), Commercial Loan Agreement (GWG Holdings, Inc.)

Changes in Nature of Business. The Borrower shall not engage in any business other than businesses of the type conducted by the Borrower on the date of execution of this Agreement and businesses reasonably related or incidental thereto.

Appears in 1 contract

Sources: Credit Agreement (Sotherly Hotels Lp)

Changes in Nature of Business. The Borrower shall not not, directly or indirectly, engage in any business other than businesses of not related or incidental to the type business conducted by the Borrower ▇▇▇▇▇▇▇▇ on the date of execution of this Agreement and businesses reasonably related thereto.Agreement. ​

Appears in 1 contract

Sources: Loan Agreement (Cheetah Net Supply Chain Service Inc.)

Changes in Nature of Business. The Borrower shall not not, directly or indirectly, engage in any business other than businesses of not related or incidental to the type business conducted by the Borrower ▇▇▇▇▇▇▇▇ on the date of execution of this Agreement and businesses reasonably related theretoAgreement.

Appears in 1 contract

Sources: Loan Agreement

Changes in Nature of Business. The Borrower shall not, and shall not permit any Subsidiary to, engage in any business other than businesses of the type conducted by the Borrower and its Subsidiaries on the date of execution of this Agreement and businesses reasonably related thereto.

Appears in 1 contract

Sources: Credit Agreement (Coeur Mining, Inc.)