Common use of The Vendor Clause in Contracts

The Vendor. 2.1 The Vendor has full power to enter into and perform this Agreement and this Agreement constitutes a binding obligation on the Vendor in accordance with its terms. 2.2 The Vendor nor, so far as the Vendor is aware, any person connected with the Vendor has any interest, direct or indirect, in any business in the Restricted Territories other than that now carried on by the Companies which is or is likely to be or become competitive with the business of the Companies.