Trade Area Sample Clauses
A Trade Area clause defines the specific geographic region within which certain business activities, such as sales or operations, are permitted or restricted under the agreement. This clause typically outlines boundaries using physical landmarks, city limits, or a set radius from a particular location, and may apply to activities like opening new stores or soliciting customers. Its core function is to prevent competition or market overlap within a designated area, thereby protecting the interests of the parties involved and ensuring clear territorial rights.
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Trade Area. The Trade Area is the geographic area wherein ▇▇▇▇▇ conducts business. As part of this Settlement Agreement, ▇▇▇▇▇ states that its formal Trade Area includes the entire AG Complaint Area.
Trade Area. During the term of this Agreement, Big O agrees not to operate itself or grant to any other person the right to operate any more than one (1) Store for every fifty thousand (50,000) persons residing in the Trade Area described on SCHEDULE 1. Generally, SCHEDULE 1 will define Trade Areas in metropolitan areas as the Metropolitan Statistical Area ("MSA"). For Franchised Businesses located in more rural areas, the Trade Area may be defined within the boundaries of a county line. Big O may, from time to time, redefine the Trade Area. Absent Franchisee's prior approval, Big O shall not permit the establishment or operation of another Store within a two (2) mile radius of Franchisee's Store. Big O shall offer Products and Services bearing the Licensed Marks at retail only through Big O Stores.
Trade Area. You hereby agree that Section 6(b) of the Employment Agreement is hereby deleted in its entirety and replaced with the following:
Trade Area. As used herein, the term “Trade Area” means the United States of America including its territories and provinces and Canada.
Trade Area. We grant you the right to an exclusive territory referred to as the Trade Area. The “Trade Area” of your EVOS® Restaurant consists of the Site and the geographic area surrounding it indicated, or to be indicated on Exhibit C. We may vary the size of Trade Areas to be granted to EVOSÒ Restaurants in our sole judgment, based on the circumstance and our judgment. Other than MGL Sites, we will not approve a Site within the Trade Area of any other EVOS® Restaurant, whether it is franchised or owned by us. Other than MGL Sites, as long as you are in compliance with this Agreement, we will not grant a franchise for, nor ourselves operate, an EVOS® Restaurant within your Trade Area. Any MGL Site granted to others will not be deemed to be within your Trade Area.
Trade Area. During the term of this Agreement, Big O agrees not to operate itself or grant to any other person the right to operate any more than one (1) Store for every fifty thousand (50,000) persons residing in the Trade Area described on Schedule 1. Big O may, from time to time, redefine the Trade Area. Absent Franchisee's prior approval, Big O shall not permit the establishment or operation of another Store within a two (2) mile radius of Franchisee's Store. Big O shall offer Products and Services bearing the Licensed Marks at retail only through Big O Stores.
3. FIRST OPTION RIGHTS 3.01
Trade Area. The trade area of a RAGIN' RIBS(R) Restaurant generally consists of the Site and the geo▇▇▇▇▇ic area within a 3-mile radius (the "TRADE AREA") around the Site although we may vary its size under special circumstances. A map of your Trade Area is attached as Exhibit "B." We will not approve a Site within the Trade Area of any other RAGIN' RIBS(R) Restaurant, whether it is franchised or owned by us. ▇▇ ▇▇ng as you are in compliance with this Agreement, we will not grant a franchise for, nor ourselves operate, a RAGIN' RIBS(R) Restaurant within your Trade Area.