Examples of Competing Facility in a sentence
Landlord shall not be restricted under this Section 7.3 from acquiring or providing any kind of financing or refinancing to any Competing Facility within the Restricted Area that is already in existence at any time in question.
The implementation of a Competing Facility will not generally result in any delay in performance by the Developer of its obligations, but there is a risk that it could lead to lower revenues for Developers.
Landlord shall not be restricted under this Section 7.4 from acquiring or providing any kind of financing or refinancing to any Competing Facility within the Restricted Area that is already existing at any time in question.
In such circumstances, the Department may seek to include a mechanism in the Concession Agreement that allows such additional revenue to be offset against any decrease in revenue attributable to the introduction of a Competing Facility.Although each Project will be particularly unique in this regard, an example definition of Competing Facility is set forth below.
Landlord shall be permitted to finance expansions of any Competing Facility within the Restricted Area that is already in existence at any time in question.