Common use of Character of Business Clause in Contracts

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 11 contracts

Sources: Credit Agreement (Kingsway Financial Services Inc), Credit Agreement (Winc, Inc.), Credit Agreement (Winc, Inc.)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 8 contracts

Sources: Credit Agreement, Loan and Security Agreement (Star Equity Holdings, Inc.), Loan and Security Agreement (Star Equity Holdings, Inc.)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary (other than an Excluded Subsidiary) to do so.

Appears in 2 contracts

Sources: Revolving Credit Agreement (National Technical Systems Inc /Ca/), Revolving Credit Agreement (National Technical Systems Inc /Ca/)

Character of Business. Engage in any business activities or --------------------- operations substantially different from or unrelated to its present business activities and operations, or permit any Subsidiary to do so.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Pcsupport Com Inc), Continuing Guaranty (Mercury General Corp)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its the present business activities and operations, or permit any Subsidiary to do sooperations of the Borrowers.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Central Michigan Distribution Co Lp), Credit Agreement (Northland Holdings Management Inc)

Character of Business. Engage in any business activities or operations substantially different from or unrelated to its present business activities and operations, or permit any Domestic Subsidiary to do so.

Appears in 1 contract

Sources: Credit Agreement (Digital Turbine, Inc.)