LIMITATION ON Sample Clauses

LIMITATION ON. SECTION 7(a) - The provisions of Section 7 shall not apply to any Development meeting the following conditions: (i) such Development was developed entirely on the Employee's own time without the use of any Company equipment, supplies, facility or trade secret information; and (ii) such Development does not relate directly or significantly to the business of the Company to the Company's actual or demonstrably anticipated research or development; or result from any work performed by the Employee for the Company.
LIMITATION ON. [***] for [***]. In no event will the [***] under [***] and [***] in any given period [***] for such Product.
LIMITATION ON. ACCELERATION For so long as any Loan Obligations are outstanding, the Permitted Subordinated Debt may not be declared to be due and payable before its stated maturity unless all Loan Obligations have become due and payable (whether automatically or by acceleration) before its stated maturity and such acceleration has not been rescinded.
LIMITATION ON. Transactions with Shareholders and ------------------------------------------------ Affiliates. ---------- The Company will not, and will not permit any Restricted Subsidiary to, directly or indirectly, enter into, renew or extend any transaction (including, without limitation, the purchase, sale, lease or exchange of property or assets, or the rendering of any service) with any holder (or any Affiliate of such holder) of 5% or more of any class of Capital Stock of the Company or with any Affiliate of the Company or any Restricted Subsidiary, unless:
LIMITATION ON. INDEBTEDNESS The Obligors will not create, incur, assume or suffer to exist any Indebtedness except Permitted Indebtedness.
LIMITATION ON. INDEBTEDNESS Neither Borrower nor Guarantors will create, incur, assume or suffer to exist any Indebtedness, whether by direct borrowing or credit or by guaranty or surety agreement, except Permitted Indebtedness.
LIMITATION ON. Each SIG Party agrees that during the Term (excluding any Phase-Out Period) applicable with respect to such SIG Party, such SIG Party will not [*****].
LIMITATION ON. Reasonable Time." Fortune and Prime agree that the definition of the term "Reasonable Time" shall not authorize the Operator to hold the Seismic Partners' shares of the dry hole costs for a proposed well longer than the time allowed by the provisions of Article VI.B.1 or VI.B.2 of the applicable Operating Agreement, prior to the commencement of the operation in question, i.e., ninety (90) days from the end of the election period, plus an additional thirty (30) days in certain circumstances as set out therein, or such shorter periods of time as therein provided when a drilling rig is on location. If the proposed operation is not commenced within such applicable time period, such dry hole costs shall be returned to the appropriate Seismic Partners until again requested by Operator, which shall not be more than thirty (30) days prior to the date the operator intends (at that time) to commence such operation.
LIMITATION ON. Leases Neither Borrower nor any Subsidiary will create, incur, assume or permit to exist any obligation for the payment of rent or hire of Property of any kind whatsoever (real or personal but excluding capital leases covered by Section 9.01(b), and leases of Hydrocarbon Interests), under leases or lease agreements which would cause the aggregate amount of all payments made by Borrower and its Subsidiaries pursuant to all such leases or lease agreements to exceed $500,000 in any period of twelve consecutive calendar months during the life of such leases.
LIMITATION ON. INDEBTEDNESS Borrower and its Subsidiaries shall not incur, create, contract, waive, assume, have outstanding, guarantee or otherwise be or become, directly or indirectly, liable in respect of any Indebtedness, except: