No Competing Interests Sample Clauses

No Competing Interests. Each Stockholder hereby represents and warrants to Buyer that he has no ownership or other interest in any business or activity that competes, directly or indirectly, with the Business.
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No Competing Interests. Each Seller hereby represents and warrants to Buyer that he has no ownership or other interest in any business or activity that competes, directly or indirectly, with the Business.
No Competing Interests. Sellers hereby represent and warrant to Buyer that neither they nor any of their Affiliates have any ownership or other interest in any business or activity that competes or can reasonably be expected to compete, directly or indirectly, with the Business. Sellers hereby represents and warrants to Buyer that neither they nor any of their Affiliates has or shares with the Company any ownership or similar interest in any asset or property (including any intellectual property) that is being (or has been in the past 12-month period) used in connection with the operation of the Business.
No Competing Interests. Except as provided in Sections 4.1 and 4.2 hereof, the Employee may not participate in the process control or systems integration industry or other areas of business in which the Company is engaged during the term of this Agreement except through and on behalf of the Company.
No Competing Interests. Seller hereby represents and warrants to Buyer that it does not have any ownership or other interest in any business that markets, sells, commercializes or develops or manufactures for sale or distribution (or takes any other action related to any of the foregoing) any pharmaceutical product that contains vitamin B12 to treat B12 deficiencies or maintain B12 levels, anywhere in the world. Seller hereby represents and warrants to Buyer that, from and after the Closing, neither it nor any of its Affiliates has or shares with Seller any ownership or other interest in any Acquired Asset.
No Competing Interests. Neither such Major Seller nor any of his or its Affiliates has any ownership or other interest in any business or activity that competes or can reasonably be expected to compete, directly or indirectly, with the Business. Except as set forth on Schedule 4.5, neither such Major Seller nor any of his or its Affiliates has or shares with the Company any ownership or similar interest in any asset or property (including any intellectual property) that is being (or has been in the past twelve-month period) used in connection with the operation of the Business.
No Competing Interests. Except as otherwise permitted by clauses (i) and (ii) below, there is no financing statement (or to any Grantor’s knowledge, without independent investigation, similar statement or instrument of registration under the law of any jurisdiction intended to provide notice of a Lien) covering or purporting to cover any interest of any kind in the Collateral, and so long as the Credit Agreement has not been terminated or any of the First Priority Obligations remain unpaid, the Grantors shall not execute or authorize to be filed in any public office any financing statement (or similar statement or instrument of registration under the law of any jurisdiction intended to provide notice of a Lien) relating to the Collateral of the Grantors, except financing statements filed or to be filed in respect of and covering the security interests (i) granted hereby to the Collateral Agent and (ii) granted to the holders of Liens permitted pursuant to Section 6.01 of the Credit Agreement.
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No Competing Interests. Each Seller hereby represents and warrants to Buyer that he has no ownership or other interest in any business or activity that competes, directly or indirectly, with the Business except for ownership of stock of and other activities in connection with SS&L.
No Competing Interests. Except with respect to the ownership interest in the Parent following the Closing and except as disclosed on Schedule 3.4(k), each of the Shareholders hereby represents and warrants to the Parent and the Company that neither such Shareholder, nor any affiliate, has any ownership or other interest in any business or activity that competes or can reasonably be expected to compete, directly or indirectly, with any business of the Company following the Closing. Except as disclosed on Schedule 3.4(k), each of the Shareholders hereby represents and warrants to Purchaser that neither he, she or it nor any affiliate, has or shares, any ownership or similar interest in any asset or property (including any intellectual property) that is being (or has been in the past 12-month period) used in connection with the operation of the business of NCI.
No Competing Interests. Each Founder hereby represents and warrants to Buyer that it has less than 3% ownership or other interest in any business or activity that competes, directly or indirectly, with the Business.
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