Common use of Non-Competition Agreements Clause in Contracts

Non-Competition Agreements. Except as set forth in Section 3.17 of the Company Disclosure Letter, neither the Company nor any Company Subsidiary is a party to any agreement which purports to restrict or prohibit in any material respect the Company and the Company Subsidiaries collectively from, directly or indirectly, engaging in any business involving telecommunications currently engaged in by the Company, any Company Subsidiary or any other persons affiliated with the Company. None of the Company's officers, directors or key employees is a party to any agreement which, by virtue of such person's relationship with the Company, restricts in any material respect the Company or any Company Subsidiary or affiliate of either of them from, directly or indirectly, engaging in any of the businesses described above.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Metromedia International Group Inc), Agreement and Plan of Merger (PLD Telekom Inc), Agreement and Plan of Merger (PLD Telekom Inc)

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Non-Competition Agreements. Except as set forth in Section 3.17 of the Company Disclosure Letter, neither the Company nor any Company Subsidiary is a party to any agreement which purports to restrict or prohibit in any material respect the Company and the Company Subsidiaries collectively from, directly or indirectly, engaging in any business involving telecommunications currently engaged in by that, assuming consummation of the CompanyMerger, any Company Subsidiary or any other persons affiliated with could reasonably be expected to have a Material Adverse Effect on the Company. None of the Company's officers, directors or key employees is a party to any agreement which, by virtue of such person's relationship with the Company, restricts in any material respect the Company or any Company Subsidiary or affiliate of either of them from, directly or indirectly, engaging in any of the businesses described above.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Metromedia Fiber Network Inc), Agreement and Plan of Merger (Metromedia Fiber Network Inc)

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Non-Competition Agreements. Except as set forth in Section 3.17 5.18 of the Company Disclosure Letter, neither the Company nor any Company Subsidiary is a party to any agreement which purports to restrict or prohibit in any material respect the Company and the Company Subsidiaries collectively from, directly or indirectly, engaging in any business involving Internet service access or telecommunications currently engaged in by the Company, any Company Subsidiary or any other persons affiliated with the Company. None of the Company's officers, directors or key employees is a party to any agreement which, by virtue of such person's relationship with the Company, restricts in any material respect the Company or any Company Subsidiary or affiliate of either of them from, directly or indirectly, engaging in any of the businesses described above.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Corecomm LTD)

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