Direct competition definition

Direct competition as used in this section, shall mean any business that directly competes against any line of business in which Officer was actively engaged during Officer’s employment with Employer. The term “Position,” as used in this section, includes a partner, director, holder of more than 5% of the outstanding voting shares, principal, executive, officer, manager or any employment or consulting position with an entity in Direct Competition with Employer, where Officer performs any duties which are substantially similar to those performed by the Officer during Officer’s employment with Employer. Officer acknowledges that a “substantially similar” position shall include any position in which Officer might be able to utilize the valuable, proprietary and confidential information to which Officer was exposed during Officer’s employment with Employer. It is acknowledged and agreed that the scope of the clause as set forth above is essential, because (i) a more restrictive definition of “Position” (e.g. limiting it to the “same” position with a competitor) will subject the Employer to serious, irreparable harm by allowing competitors to describe positions in ways to evade the operation of this clause, and substantially restrict the protection sought by Employer, and (ii) by allowing the Officer to escape the application of this clause by accepting a position designated as a “lesser” or “different” position with a competitor, the Employer is unable to restrict the Officer from providing valuable information to such competing entity to the harm of the Employer.
Direct competition means the pres- ence and operation of a vending ma- chine or a vending facility on the same premises as a vending facility operated by a blind vendor, except that vending machines or vending facilities operated in areas serving employees the major- ity of whom normally do not have di- rect access (in terms of uninterrupted ease of approach and the amount of time required to patronize the vending facility) to the vending facility oper- ated by a blind vendor shall not be con- sidered to be in direct competition with the vending facility operated by a blind vendor.
Direct competition means the presence and operation of a vending machine or vending facility on the same premises as a vending facility operated by a Blind Licensed Vendor. Vending facilities operated in areas serving employees the majority of whom normally do not have direct access in terms of uninterrupted ease of approach and the amount of time required to patronize the vending facility will not be considered to be in direct competition with the vending facility operated by a Blind Licensed Vendor.

Examples of Direct competition in a sentence

  • Direct competition between hnRNP C and U2AF65 protects the transcriptome from the exonization of Alu elements.

  • Direct competition in the marketplace is the benchmark the Investor favors for the comparison of treatment, a concept which was broadly construed in Occidental v.

  • Direct competition shall include, but not be limited to, the design, development, production, promotion or sale of products, software, or services competitive with those of the Company or any Subsidiary.

  • Direct competition in the UKAs the chart below shows, the growth of network access volume has decelerated since FYE 2011 and appears to have now stabilised.

  • Direct competition with existing local businesses for local sales or services will be reviewed by the Loan Committee.


More Definitions of Direct competition

Direct competition means the ownership, development, or advising regarding the same property or property located within 30 miles to one owned by the Company or one of its subsidiaries or affiliates.
Direct competition means the pres- ence and operation of a vending machine or a vending facility operated by an entity other than a blind manager on the same premises as a vending facility operated by a blind manag- er. Vending machines or vending facilities operated in areas serving employees, the majority of whom normally do not have direct access, in terms of uninterrupted ease of approach and the amount of time required to patronize the vending facility, to the vend- ing facility operated by a blind manager shall not be considered to be in direct competition with the vending facility that is operated by a blind manager.
Direct competition means any business that is engaged in selling the same or substantially similar services or products as the Company is selling or has plans to sell during the Term of this Agreement.
Direct competition has the meaning set forth in Section 4.5.
Direct competition as used in this section, shall mean any business that directly competes against any line of business in which Officer was actively engaged during Officer's employment
Direct competition means the presence and operation of a vending machine in the same building as a Business Enterprise Program (BEP) small business.
Direct competition by You is strictly prohibited and means accessing the Skuid Services to (a) use Skuid Services for service bureau purposes or to build Your own commercial service or commercial business; build a competitive product or service, (b) build a product using similar ideas, features, functions or graphics of the Skuid Services, (c) copy any ideas, features, functions or graphics of the Skuid Services; (d) modify or make derivative works based upon the Skuid Services or the Content; (e) reverse engineer the Skuid Services or any component thereof; or (f) copy, frame, or mirror any part or Content of the Skuid Services other than for Your own internal business purposes.