Geographic Markets Sample Clauses

Geographic Markets. The Borrower and its Subsidiaries, collectively, shall conduct their business in not more than six geographic markets within the continental United States, and shall conduct no business outside of such geographic areas. For purposes of this provision, the Borrower and its Subsidiaries, collectively, are permitted to engage in business in the following regions: (i) New England, (ii) the States of New York and New Jersey, (iii) the Pacific Northwest, which shall be comprised of the states of Oregon and Washington, and (iv) Kentucky and Ohio. The two additional regions permitted pursuant to this Section 7.11 shall be selected by the Borrower, subject to Lender’s consent, provided, however, that no geographic market for purposes of this Section 7.11 shall consist of more than two states, or an area with a total population of more than 10 million people.
Sample 1
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Geographic Markets. The geographic sales base of Fluid Technology is broad. In 2002, approximately 56% of the sales and revenues of Fluid Technology was derived from North America, while approximately 30% was derived from Europe. The geographic sales mix differs among products and among divisions of Fluid Technology. Our management anticipates growth opportunities in Eastern Europe, Central Asia, Africa/Middle East, Latin America, and the Asia/Pacific region. In China, Fluid Technology has manufacturing and distribution facilities to produce and sell submersible pumps for the sewage handling and mining markets and a joint venture that produces vertical turbine pumps and includes a foundry operation. It also has joint venture sales and manufacturing and other operations in Eastern Europe, Latin America, Africa/Middle East, and other locations in the Asia/Pacific region. The geographic sales base of Defense Electronics & Services is predominantly the United States, which accounted for approximately 77% of 2002 sales and revenues. Management of Defense Electronics & Services has been in the process of increasing its international defense business and anticipates growth opportunities in the Asia/Pacific region, Europe, and the Middle East. The geographic sales base of Motion & Flow Control is predominantly in North America and Europe. In 2002, approximately 60% of sales and revenues of Motion & Flow Control were to customers in North America, and approximately 37% of sales were to customers in Europe. Management of ITT Industries sees growth opportunities in North America, Europe and Asia. The geographic sales base of Electronic Components in Europe accounted for 35% of 2002 sales and revenues, North America accounted for 39% of 2002 sales and revenues, and the Asia/Pacific region accounted for 24% of 2002 sales and revenues. Electronic Components has manufacturing facilities within North America, Europe, and the Asia/Pacific region. These operations supply connectors across a broad market spectrum, including carrier networks, wireless, transportation, military/aerospace, commercial aircraft, computer, industrial and consumer sectors. See Note 23, "BUSINESS SEGMENT INFORMATION," in the NOTES TO CONSOLIDATED FINANCIAL STATEMENTS for further geographical information concerning sales and revenues and long-lived assets. COMPETITION Substantially all of our operations are in highly competitive businesses. The nature of the competition varies across all business segments. A number of l...
Sample 1
Geographic Markets 
Sample 1

Related to Geographic Markets

  • Geographic Scope The "Territory," which defines the geographic scope of the covenants contained in this Section 7, shall extend to and include all of the states (or foreign equivalent) in which the Company does business as M&A advisors or private placement equity advisors.

  • Geographic Area See Articles 70.1-70.5.

  • Geographical Scope 1. Without prejudice to Annex I, this Agreement shall apply:

  • Regions Regions awarded for this Contract are specified in Attachment 1 – Summary of Lots and Regions Awarded. Regions follow county lines with the exception of Suffolk County which is split into two Regions, Eastern and Western Suffolk County:

  • Markets We shall not be liable for any act taken by or on the instruction of an exchange, clearing house or regulatory body.

  • Geographic Restrictions The owner of the Website is based in the State of New York in the United States. We provide this Website for use only by persons located in the United States, and it may only be available to people located in the United States. We make no claims that the Website or any of its content is available or appropriate outside of the United States. Access to the Website may not be legal by certain persons or in certain countries.

  • GEOGRAPHICAL LIMITS The Recipient shall be bound to this Agreement with: (check one) ☐ - NO Geographical Limits. ☐ - Geographical Limits. The Recipient shall be bound to this Agreement ONLY in the following area(s): [PROHIBITED GEOGRAPHICAL AREA(S)]. Hereinafter known as the “Geographical Limits.”

  • Restricted Territory Executive and Company understand and agree that Company’s business is not geographically restricted and is unrelated to the physical location of Company facilities or the physical location of any Competing Business, due to extensive use of the Internet, telephones, facsimile transmissions and other means of electronic information and product distribution. Executive and Company further understand and agree that Executive will, in part, work toward expanding Company’s markets and geographic business territories and will be compensated for performing this work on behalf of Company. Accordingly, Company has a protectable business interest in, and the parties intend the Restricted Territory to encompass, each and every location from which Executive could engage in a Competing Business in any country, state, province, county or other political subdivision in which Company has clients, employees, suppliers, distributors or other business partners or operations. If, but only if, this Restricted Territory is held to be invalid on the ground that it is unreasonably broad, the Restricted Territory shall include each location from which Executive can conduct business in any of the following locations: each state in the United States in which Company conducts sales or operations, each province within Canada in which Company conducts sales or operations, and each political subdivision of the United Kingdom in which Company conducts sales or operations. If, but only if, this Restricted Territory is held to be invalid on the grounds that it is unreasonably broad, then the Restricted Territory shall be any location within a fifty (50) mile radius of any Company office.

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Competing Business “Competing Business” means any depository, wealth management or trust business company or holding company thereof (including without limitation, any start-up bank or bank in formation) operating anywhere within the Covered Area.

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