Competitors Clause Samples

Competitors. (i) No assignment or participation shall be made to any Person that was a Competitor as of the date (the “Trade Date”) on which the assigning Lender entered into a binding agreement to sell and assign or grant a participation in all or a portion of its rights and obligations under this Agreement to such Person (unless the Borrower has consented to such assignment or participation in writing in its sole and absolute discretion, in which case such Person will not be considered a Competitor for the purpose of such assignment or participation). For the avoidance of doubt, with respect to any assignee or Participant that becomes a Competitor after the applicable Trade Date (including as a result of the delivery of a notice pursuant to, and/or the expiration of the notice period referred to in, the definition of “Competitor”), (x) such assignee or Participant shall not retroactively be disqualified from becoming a Lender or Participant and (y) the execution by the Borrower of an Assignment and Assumption with respect to such assignee will not by itself result in such assignee no longer being considered a Competitor. Any assignment or participation in violation of this clause (e)(i) shall not be void, but the other provisions of this clause (e) shall apply. (ii) If any assignment or participation is made to any Competitor without the Borrower’s prior written consent in violation of clause (i) above or if any Person becomes a Competitor after the applicable Trade Date, the Borrower may, at its sole expense and effort, upon notice to the applicable Competitor and the Administrative Agent, (A) in the case of outstanding Loans held by Competitors, purchase or prepay such Loans by paying the principal amount thereof plus accrued interest fees and other amounts (other than principal amounts) payable to it hereunder and/or (B) require such Competitor to assign, without recourse (in accordance with and subject to the restrictions contained in this Section 9.04), all of its interest, rights and obligations under this Agreement to one or more Eligible Assignees at the principal amount thereof plus accrued interest, accrued fees and all other amounts (other than principal amounts) payable to it hereunder. (iii) Notwithstanding anything to the contrary contained in this Agreement, Competitors to whom an assignment or participation is made in violation of clause (i) above (A) will not (x) have the right to receive information, reports or other materials provided to Lenders by...

Competitors. Please list those companies with similar products or services you do not wish to be adjacent to or across from:

Competitors. The Owner shall possess, in accordance with the terms of this Agreement, the following restrictions: (check one)

Competitors. Following the Second Trigger Date, ▇▇▇▇▇▇▇ Parent shall not, and shall cause the other members of the ▇▇▇▇▇▇▇ Group not to, Transfer, in a single transaction or in a series of transactions, more than ten percent (10%) of the then-outstanding Company Common Stock to any Person who is engaged in any business that engages in the Company Business (other than a member of the Company Group or a member of the ▇▇▇▇▇▇▇ Group), unless approved by an RPT Committee.

Competitors. The Recipient shall not be allowed to associate themselves with the Owner’s: (check one) ☐ - All Competitors. Regardless of whether a competitor is offering the same or similar Protected Practices, the Recipient, the Recipient shall be prohibited from being associated with any third party deemed a competitor of the Owner.

Competitors. Any Competitor of the Company shall not be eligible to own Class A Units of the Company.

Competitors. For so long as the Tenant meets the Named Tenant Requirement, Landlord shall not (i) lease any retail space in the Building to any Competitor of Tenant nor shall Landlord consent to or approve a sublease of any retail space in the Building or assignment of a retail lease or occupancy agreement to a Competitor of Tenant, or (ii) permit any Competitor of Tenant to install signage in, on, or around the Building, including, without limitation, any lobby signage, Signs, or Ground Floor Signs(s), nor shall Landlord consent to or approve a sublease of any space in the Building or assignment of any lease or occupancy agreement that permits a Competitor of Tenant to install signage in, on, or around the Building, including, without limitation, any lobby signage, Signs, or Ground Floor Signs(s). For purposes hereof, a “Competitor of Tenant” shall mean any person or entity on the list annexed as Exhibit O; provided that Tenant may from time to time, but no more often than once in any twelve (12) month period, revise Exhibit O by giving written notice thereof to Landlord, to replace up to (2) two person(s) or entit(y/ies) listed thereon with up to (2) new person(s) or entit(y/ies) (in the aggregate) (each such new person or entity, a “Substitute Competitor of Tenant”; provided further that (a) no such Substitute Competitor of Tenant shall, at the time such notice is given, be an occupant of any part of the Building or a person or entity with whom Landlord is negotiating or has within the prior six (6) months negotiated to lease space in the Building, (b) each Substitute Competitor of Tenant must be, at the time such notice is given, engaged in one or more of the following businesses as its primary line of business: (i) the web based streaming of fitness content, (ii) providing gym or health clubs open to the public, or (iii) a fitness, health, wellness or lifestyle business offering exercise or fitness related classes or instruction to the public on a primary basis, and (c) at no time shall there be more than ten (10) Competitors of Tenant. Tenant agrees that nothing contained in this Section 8.21 shall preclude Landlord from offering a gym, fitness or wellness center or health and fitness classes in the Building as an amenity exclusively to the tenants of the Building (and its invitees), or offering fitness classes in the Amenity Space exclusively to any user of the Amenity Space (and its invitees), or preclude another tenant of the Building from providing a gym or f...

Competitors. The Recipient shall be prohibited from associating themselves with: (check one) ☐ - All Competitors of the Owner. Regardless of whether a competitor is offering the same or similar business practices, the Recipient shall be prohibited from being associated with any third party deemed a competitor of the Owner.

Competitors. Except as expressly permitted by ▇▇▇▇▇, Customer may not permit access to IP by a Competitor of ▇▇▇▇▇. Notwithstanding anything to the contrary in this ▇▇▇▇, ▇▇▇▇▇ acknowledges and agrees that Customer may provide Competitor with access to IP to the extent such access is required to enable Customer to (a) access tables and/or data managed by the Software or Add-on, and/or (b) integrate or interface the Software or Add-on with another software or hardware system, provided that such Competitor execute a non-disclosure agreement mutually agreeable by ▇▇▇▇▇ and Competitor prior to any access to the IP.