Common use of No Restrictions on Post-Closing Competitive Activities; Corporate Opportunities Clause in Contracts

No Restrictions on Post-Closing Competitive Activities; Corporate Opportunities. (a) Except as expressly provided herein or in any of the Ancillary Agreements, it is the explicit intent of each of the Parties that this Agreement shall not include any non-competition or other similar restrictive arrangements with respect to the range of business activities that may be conducted by the Parties. Accordingly, each of the Parties acknowledges and agrees that nothing set forth in this Agreement shall be construed to create any explicit or implied restriction or other limitation on (i) the ability of the other Party hereto to engage in any business or other activity that competes with the business of such Party, or (ii) the ability of the other Party to engage in any specific line of business or engage in any business activity in any specific geographic area.

No Restrictions on Post-Closing Competitive Activities; Corporate Opportunities. (a) Except as expressly provided herein or in any of the Ancillary Agreements, it is the explicit intent of each of the Parties that this Agreement shall not include any non-competition or other similar restrictive arrangements with respect to the range of business activities that may be conducted by the Parties. Accordingly, except as expressly provided herein or in any of the Ancillary Agreements, each of the Parties acknowledges and agrees that nothing set forth in this Agreement shall be construed to create any explicit or implied restriction or other limitation on (i) the ability of the other Party hereto to engage in any business or other activity that competes with the business of such Party, Party or (ii) the ability of the other Party to engage in any specific line of business or engage in any business activity in any specific geographic area.

No Restrictions on Post-Closing Competitive Activities; Corporate Opportunities. (a) Except as expressly provided herein or in any of the Ancillary Agreements, it It is the explicit intent of each of the Parties parties hereto that the provisions of this Agreement shall not include any non-competition or other similar restrictive arrangements with respect to the range of business activities that which may be conducted by the Partiesparties hereto. Accordingly, each of the Parties parties hereto acknowledges and agrees that nothing set forth in this Agreement shall be construed to create any explicit or implied restriction or other limitation on (i) the ability of the other Party any party hereto to engage in any business or other activity that which competes with the business of such Partyany other party hereto, or (ii) the ability of the other Party any party to engage in any specific line of business or engage in any business activity in any specific geographic area.

No Restrictions on Post-Closing Competitive Activities; Corporate Opportunities. (a) Except as expressly provided herein or in any of the Ancillary Agreements, it It is the explicit intent of each of the Parties that the provisions of this Agreement shall not include any non-competition or other similar restrictive arrangements with respect to the range of business activities that which may be conducted by the Parties. Accordingly, each of the Parties acknowledges and agrees that nothing set forth in this Agreement shall be construed to create any explicit or implied restriction or other limitation on (i) the ability of the other any Party hereto to engage in any business or other activity that which competes with the business of such Party, any other Party hereto or (ii) the ability of the other any Party to engage in any specific line of business or engage in any business activity in any specific geographic area.