Common use of Territorial Restrictions Clause in Contracts

Territorial Restrictions. Except as set forth on Schedule 3.1.13, Transferor is not restricted by any written agreement or understanding with any other Person from carrying on the Business anywhere in the world. Except as set forth on Schedule 3.1.13, the Company, solely as a result of its purchase of the Business from Transferor pursuant hereto and the assumption of the Assumed Liabilities, will not thereby become restricted in carrying on any business anywhere in the world.

Appears in 4 contracts

Samples: Capitalization Agreement (Genlyte Group Inc), Capitalization Agreement (Thomas Industries Inc), Capitalization Agreement (Thomas Industries Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.