Common use of New Business Clause in Contracts

New Business. Expand, acquire or enter into any business other than its present business or a related business, or any management contract whereby the effective management or control of Borrower is delegated to third parties, without the prior written consent of the Bank.

New Business. Expand, acquire Acquire or enter into any business other than its present business, except for expansions of Borrower's present business or a any business directly related businessthereto, or enter into any management contract whereby the effective management or control of Borrower is delegated to third parties, without the prior written consent of the Bank.

New Business. Expand, acquire or enter into any business other than its present business or a related business, or any management contract whereby the effective management or control of Borrower or Guarantor is delegated to third parties, without the prior written consent of the Bank.