Covenant Term definition

Covenant Term has the meaning set forth in Section 12.1(a).
Covenant Term means a period commencing on the date hereof and expiring two (2) years after the date Partner’s employment with the Company terminates, regardless of the reason (subject to being extended due to Partner’s breach under Section 7(f) below).
Covenant Term means a period beginning on the date hereof and ending on the date which is one year after the date on which this Agreement, or Employee's engagement hereunder, is terminated. (b) "Covenant Territory" shall mean the United States of America and its properties. (c) "Business of the Company" shall mean the development of information technology products or services designed for use in a medical context.

Examples of Covenant Term in a sentence

  • Subject to Section 4.9, Owner covenants and agrees that for the Covenant Term Owner shall operate, or cause to be operated upon the Property, the Dealership in a commercially reasonable business manner, consistent with all applicable Law.


More Definitions of Covenant Term

Covenant Term means, a period of fifteen (15) years following the Effective Date (unless terminated sooner pursuant to specific provisions of this Covenant Agreement. herein.
Covenant Term means a period beginning on the Closing Date (as defined in the Merger Agreement) and ending four (4) years thereafter.
Covenant Term means the period beginning on the Effective Date and ending five (5) years from the earlier termination of this Agreement pursuant to Sections 3(A) or 8; and (ii) "Covenant Territory" shall mean (a) any state other than California, Florida, New York and Illinois in which Buyer may conduct a grocery or restaurant business prior to the operation of such business by Thal, and (b) the states of California, Florida, New York and Illinois.
Covenant Term means a period starting upon the Effective Date and ending seven (7) years after the Effective Date.
Covenant Term means the period beginning at the Final Closing and ending at 11:59 p.m. Central Time on the three- (3) year anniversary of the Final Closing Date with respect to the covenants in Section 6.7(b), Section 6.7(c) and Section 6.7(d).
Covenant Term means the Term of this Agreement and, in the event that Executive has not provided the required notice under Section 1(a) hereto of his intention not to renew this Agreement, for such additional period of months as Executive was required to give notice under Section 1(a) and failed to provide such notice (i.e., should Executive provide notice three (3) months before the end of the Term that he does not intend for this Agreement to renew for the Additional Term, the Covenant Term shall be a period of nine (9) months after the termination of this Agreement); further provided, however, that in the event Executive's employment is terminated pursuant to Section 1(b) hereof, the Covenant Term shall be extended to run contemporaneously with the period during which Executive receives payments under Section 1(b ).
Covenant Term has the meaning set forth in Section 10.5(a).