Non-Competing Person definition

Non-Competing Person means any Person that is not engaged, directly or indirectly, in a Competing Business, it being understood that TPG and Sino Link are Non-Competing Persons.
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Non-Competing Person means any Person that is not engaged, directly or indirectly, in a Competing Business, it being understood that TPG and Standard Bank are Non-Competing Persons.
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Non-Competing Person means any Person that is not engaged, directly or indirectly, in a competing business, it being understood that TPG, Harmony and Sino Link are Non-Competing Persons.
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Examples of Non-Competing Person in a sentence

  • The provisions of this Agreement may be amended and waived only with the prior written consent of the Company and the Non-Competing Person, and no course of conduct or failure or delay in enforcing the provisions of this Agreement shall affect the validity, binding effect or enforceability of this Agreement or any provision hereof.

  • The execution and delivery of this Agreement by the Company and the Non-Competing Person is a condition to the consummation of the Transaction.

  • The following officers shall be elected by the Board of Directors at the time, in the manner and for such terms as the Board of Directors from time to time shall determine: Chairman of the Board, Vice Chairman of the Board, Chief Executive Officer, President, Secretary, and Treasurer.

  • The Non-Competing Person acknowledges and understands that the provisions of this Agreement are of a special and unique nature, the breach of which may not be adequately compensated for in damages and that the breach of the provisions of this Agreement would cause the Company irreparable harm.

  • The Non-Competing Person shall reimburse the Company for all costs and expenses (including, without limitation, reasonable attorney and expert witness fees and expenses) reasonably incurred in connection with any successful enforcement of this Agreement.

  • No Party shall be entitled to assign any of its rights hereunder, unless agreed to in writing by the other Party, provided, however, that in order to secure amounts owned to the lenders of Invitel or its affiliates, the Company may upon notice to the Non-Competing Person assign, transfer or create any security interest in any claims of the Company under this Agreement in favour of such lenders.

Related to Non-Competing Person

  • Direct Competitor means any individual, partnership, corporation, limited liability company, association, or other group, however organized, who competes with the Company in the full service restaurant business.

  • Competing Business means any person or entity that competes with the Company Group in the sale, marketing, production, distribution, research or development of Competing Products in the same markets.

  • Competing Entity means any entity which presently or during the period referred to above engages in any business activity the Company is then engaged in or proposes to be engaged in; and (ii) the term "Territory" shall mean any geographic area in which the Company conducts business during such period.

  • Competing Enterprise means any person or any business organization of whatever form, engaged directly or indirectly within the Area in the Business of the Company.

  • Noncompetition Period has the meaning set forth in Section 9.01.

  • Competitor means any company, other entity or association or individual that directly or indirectly is engaged in the Company’s Business.

  • Competing Service means implementation, consulting, support, maintenance, development and/or training services relating to or in connection with the use of any Company Products or Competing Products.

  • Competing Proposal shall have the meaning set forth in Section 6.5(f)(i).

  • Noncompete Period or "Nonsolicitation Period" means the period beginning the date hereof and ending on the second anniversary of the termination of Employee's employment with Employer.

  • Targeted Holder means each holder of (i) a right to receive interest or principal with respect to the Retained Notes, (ii) any interest in the Trust with respect to which an Opinion of Counsel has not been rendered that such interest will be treated as debt for federal income tax purposes, and (iii) a right to receive any amount in respect of the Trust Certificate; provided, however, that any Person holding more than one right or interest each of which would cause such Person to be a Targeted Holder shall be treated as a single Targeted Holder.

  • Company Control Person means each director, executive officer, promoter, and such other Persons as may be deemed in control of the Company pursuant to Rule 405 under the 1933 Act or Section 20 of the 1934 Act (as defined below).

  • Competing Activity means the providing of services or performance of activities for a Competitive Enterprise in a line of business that is similar to any line of business to which the Executive provided services to the Firm in a capacity that is similar to the capacity in which the Executive acted for the Firm while employed by the Firm, and (ii) “Competitive Enterprise” shall mean a business (or business unit) that (A) engages in any activity or (B) owns or controls a significant interest in any entity that engages in any activity, that in either case, competes anywhere with any activity in which the Firm is engaged up to and including the Executive’s Date of Termination. Further, notwithstanding anything in this Section 5, the Executive shall not be considered to be in violation of this Section 5 solely by reason of owning, directly or indirectly, any stock or other securities of a Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in any such Competitive Enterprise) if the Executive’s interest does not exceed 5% of the outstanding capital stock of such Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in such Competitive Enterprise).

  • Competing Services means to provide, manage, supervise, or consult about (whether as an employee, owner, partner, stockholder, investor, joint venturer, lender, director, manager, officer, employee, consultant, independent contractor, representative or agent, or otherwise) any services that are similar in purpose or function to services you provided to the Company in the two year period preceding the termination of your employment, that might involve the use or disclosure of Confidential Information, or that would involve business opportunities related to Relevant Products.

  • Subject Person has the meaning assigned to such term in the definition of “Consolidated Net Income”.

  • Competing Organization means any person or organization engaged in, or with definitive plans to become engaged in, research or development, production, distribution, marketing or selling of a Competing Product.

  • Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Competing Permitted Bid means a Take-over Bid that:

  • Company Competitor means any competitor of the Borrower and/or any of its subsidiaries.

  • Competitive Business Activity means:

  • Major Stockholder means any such Person.

  • Competitive solicitation means a formal, advertised procurement process, other than an Invitation to Bid, Request for Proposals, or Invitation to Negotiate, approved by the Board to purchase commodities and/or services which affords vendors fair treatment in the competition for award of a District purchase contract.

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Competitive Business means any firm, partnership, joint venture, corporation and/or any other Person, and/or any licensee of such entity, that develops, manufactures, markets, distributes, provides, offers, or sells any services or products substantially similar to First Party’s services or products.

  • Non-Competition Period means the period beginning at the end of the Term and ending one (1) year after the end of the Term.