Common use of Competing Interests Clause in Contracts

Competing Interests. Neither the Selling Persons, nor any director, manager, officer or management-level employee of Seller, nor any Affiliate of the Selling Persons (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Seller (in respect of the Business) or that otherwise has material business dealings with Seller (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Seller under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bgsf, Inc.)

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Competing Interests. Neither Seller, any director or officer of Seller, any Affiliate of Seller or to the Selling PersonsKnowledge of Seller, nor any director, manager, officer manager or management-management level employee of Seller, nor any Affiliate of the Selling Persons Seller (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Seller (in respect of the Business) or that otherwise has material business dealings with Seller (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Seller under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Intervoice Inc)

Competing Interests. Neither the Selling Persons, None of any member of Seller Group nor any director, manager, officer or management-management level employee of Seller, nor or any Affiliate of the Selling Persons any member of Seller Group (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier competitor of Seller (in respect of the Business) or that otherwise has material business dealings with with. Seller (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Seller under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Samples: Asset Purchase Agreement (First Western Financial Inc)

Competing Interests. Neither the Selling Persons, nor any director, manager, officer or management-level employee of SellerSellers, nor any Affiliate of the Selling Persons (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Seller Sellers (in respect of the Business) or that otherwise has material business dealings with Seller Sellers (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Seller Sellers under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Samples: Asset Purchase Agreement (BG Staffing, Inc.)

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Competing Interests. Neither the Selling PersonsPerson, nor any director, manager, officer or management-level employee of SellerSellers, nor any Affiliate of the Selling Persons Person (each, a “Related Party”): (a) owns, directly or indirectly, an interest in any Person that is a competitor, customer or supplier of Seller Sellers (in respect of the Business) or that otherwise has material business dealings with Seller Sellers (in respect of the Business); or (b) is a party to, or otherwise has any direct or indirect interest opposed to Seller Sellers under, any Business Contract or other business relationship or arrangement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Bgsf, Inc.)

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