Common use of Direct Competitors Clause in Contracts

Direct Competitors. Notwithstanding clause 3.20, not to assign or underlet the whole of the Premises unless: (i) the Tenant has provided reasonable notice to the Landlord of the identity of the proposed assignee; and (ii) the Landlord has provided its written confirmation that it does not consider (acting reasonably) that the proposed assignee is a direct competitor of the Landlord's business.

Direct Competitors. Notwithstanding clause 3.20, not to assign or underlet the whole of the Premises unless: (i) the Tenant has provided reasonable notice to the Landlord of the identity of the proposed assignee; and (ii) the Landlord has provided its written confirmation that it does not consider (acting reasonably) that the proposed assignee is a direct competitor of the Landlord's ’s business.