Common use of Competing Interests Clause in Contracts

Competing Interests. Except as set forth in Schedule 2.19, neither the Selling Person, nor any director, manager, officer or management-level employee of Seller, nor any Affiliate of the Selling Person (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.

Appears in 1 contract

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

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Competing Interests. Except as set forth in Schedule 2.19, neither the Selling Person, nor Person and any director, manager, officer or management-level employee of Seller, nor or any Affiliate of the Selling Person (each, a “Related Party”): (a) ownsdo not own, 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 are not parties to, or otherwise has have any direct or indirect interest opposed to Seller under, any Business Contract or other business relationshiprelationship or arrangement.

Appears in 1 contract

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

Competing Interests. Except as set forth in Schedule 2.19, neither the Selling Person, nor any director, manager, officer or management-level employee of Seller, nor Persons and any Affiliate of the Selling Person Persons (each, a “Related Party”): (a) ownsdo not own, 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 are not parties to, or otherwise has have any direct or indirect interest opposed to Seller under, any Business Contract or other business relationshiprelationship or arrangement.

Appears in 1 contract

Samples: Asset Purchase Agreement (LTN Staffing, LLC)

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Competing Interests. Except as set forth in on Schedule 2.19, neither the Selling Person, nor any director, manager, officer or management-level employee of Seller, nor any Affiliate of the Selling Person (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 relationshiprelationship or arrangement.

Appears in 1 contract

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

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