Competitive Restrictions Sample Clauses

Competitive Restrictions. Except as disclosed on Schedule 3.4.11, neither Buyer nor any of its Subsidiaries is subject to a competitive restriction in a contract or other instrument binding Buyer or that Subsidiary that would prevent Company from conducting the Business in a substantially similar manner to which it was conducted as of the date of this Agreement, except for restrictions that would not reasonably be expected to have a Company Material Adverse Affect.
AutoNDA by SimpleDocs
Competitive Restrictions. Upon our termination of this Agreement in accordance with its terms and conditions, or expiration of this Agreement (if we offer, but you elect not to acquire, a successor franchise),
Competitive Restrictions. You may not include the Software, or any portion thereof in any software development tool, library, component, or other product that is generally competitive with or a substitute for the Software or any other JNBridge product offerings; nor may You use the Software to create a product or operate a service that is generally competitive with the Software or any other JNBridge product offerings.
Competitive Restrictions. Upon termination or expiration of this Agreement for any reason whatsoever (provided you have not acquired a Successor Franchise), you and your owners agree that, for a period of 2 years commencing on the effective date of termination or expiration, neither you nor any of your owners will, directly or indirectly (e.g. through a spouse or child):
Competitive Restrictions. 8.1 Biosil and Aesthetics each represents and warrants to the other that, as at the Effective Date, no Direct Competitor has an interest in them, or is involved (directly or indirectly) in the control or management of them, their business or assets (including, for the avoidance of doubt, the Registrations). Signed by: XXXX X XXXXX XXXX X XXXXXXXXX, PRESIDENT XXXXXX X XXXXXX X X XXXXXXX
Competitive Restrictions. Neither the Company, nor, to the Company's knowledge, any of its directors, officers or Employees, is restricted under an agreement or understanding from competing with any person in any respect related to the Company's business, from carrying out the business of the Company or otherwise providing advisory services of the type provided by the Company.
Competitive Restrictions. Notwithstanding anything to the contrary contained in this Agreement (except as stated in Section 5.6 above and Section 9.2 below), in the General Assignment and Assumption Agreement or in the Master Separation and Distribution Agreement, the parties agree that for a period of three (3) years following the Distribution Date, (a) Agilent and its Affiliates will not develop, manufacture, distribute, support or service any Agilent Products that are either (i) within the Verigy Primary Field, or are (ii) ASTS Components, whether or not within the Agilent Field; (b) Agilent will not join the Semiconductor Test Consortium; and, (c) Verigy and its Affiliates will not develop, manufacture, distribute, support or service any Verigy Products that are within the Agilent Primary Field. For the avoidance of doubt, a product that is within the Agilent Field shall not be considered to be within the Verigy Primary Field for the purposes of Section 9.1(a)(i) above.
AutoNDA by SimpleDocs
Competitive Restrictions. A. In order to render effective the Agreement of the Executive relating to the Company or any affiliated company's trade secrets, and as consideration for the execution of the Agreement by the Company, the Executive agrees that he will not, during the term of his employment with the Company and for a period of one (1) year hereafter: (a) for himself, or as stockholder, director, officer, partner, agent, consultant or employee of any other person, firm or corporation, render any services in connection with any business which is engaged in industrial, marine or commercial painting and related contracting services to or for any customer of the company or any affiliated company for which any such company performed services during the twelve (12) months preceding the termination of the Agreement, or (b) solicit or assist others in soliciting any employee of the Company or any of its affiliates or subsidiaries to terminate their employment with the Company or any of its affiliates or subsidiaries. The foregoing limitations shall not prohibit the Executive from owning stock in any publicly owned corporation so long as such ownership is not coupled with the rendition of services described in the preceding sentence. In the event that the provisions of this paragraph should ever be deemed to exceed the time, geographic or occupational limitations permitted by the applicable laws, the Executive and the Company agree that such provisions shall be and are hereby modified to the maximum time, geographical or occupational limitations permitted by the applicable laws.
Competitive Restrictions. In the event that a failure to make a cash interest payment under the terms of the First Lien Notes (“Payment Default”), which is not cured within sixty (60) days after delivery of written notice of such Payment Default to Purchaser, results in the Collateral Agent (as defined in the First Lien Note) making demand for the immediate repayment of all Obligations (as defined in the First Lien Note) under the First Lien Notes, the provisions of Sections 7.03, 7.06, 7.07 and 7.08 of the Stock Purchase Agreement (the “Covenants”) shall be suspended until such time as the Payment Default is cured by Purchaser (the “Suspension Period”); and, (a) the Sellers shall have no liability with respect to any breaches of the Covenants committed during the Suspension Period, and (b) the Sellers may continue only that activity which was commenced during the Suspension Period in perpetuity without such activity considered a breach of the Covenants after any such Suspension Period.
Competitive Restrictions. (a) Each Member hereby covenants and agrees that so long as it or he is a Member and until three (3) years thereafter, no Member nor any Affiliate thereof shall, without first obtaining the prior written consent of the other Members, directly or indirectly, by contract or otherwise, (i) establish, manage, operate, invest in or hold itself out as operating, either on its own or in collaboration with another person or entity, any facility that has as its purpose or function the offering of radiation oncology services, or contract with any physician group offering radiation oncology services (collectively, a “Competitive Business”) within a thirty-five (35) mile radius of the Radiation Therapy Center (the “Restricted Area”) or (ii) employ, hire or contract for services with any employees of the other Members within the Restricted Area. Notwithstanding anything to the contrary herein, the foregoing restriction shall not apply to the RTSI Member’s current project in connection with establishing, managing and/or operating a radiation oncology services facility in Littlestown, Pennsylvania.
Time is Money Join Law Insider Premium to draft better contracts faster.