Protective Provisions definition

Protective Provisions means those protective provisions set forth in Section 7(a).
Protective Provisions shall refer to the provisions set forth in Appendix A of this Agreement.
Protective Provisions means as to any Grantee who is a party to an employment agreement with the Company (or a Subsidiary or Affiliate) that contains non-competition, non-solicitation, non-disclosure and/or other similar provisions, such provisions. In the absence of such an employment agreement, “Protective Provisions” shall refer to the provisions set forth in Appendix A of this Agreement.

Examples of Protective Provisions in a sentence

  • Executive also acknowledges and agrees that any violation of the covenants set forth in the Protective Provisions would bestow an unfair competitive advantage upon any Person, which might benefit from such violation, and would necessarily result in substantial and irreparable damage and loss to the LIN Companies.

  • Notwithstanding the provisions of Amendments to the Agreement, Section 39, and Duration, Section 40, the Labor Protective Provisions provided for in Paragraphs D and E, herein shall not be reduced, delayed or otherwise diminished by American Airlines Group, the Company, the Union, nor any Successor to the Company or Union, for a period of up to and including three (3) years after the date of any merger, acquisition, or partial transaction as described herein.

  • The covenants set forth in and Section 10.2(d) (Protective Provisions) shall terminate and be of no further force or effect if it is determined by the underwriter of a QIPO and the Company’s legal counsel with respect to a QIPO that such covenants constitute a commercial or regulatory substantive impediment to the process of the QIPO.

  • In the event of a transaction in which the Successor is not an air carrier or any corporate affiliate of an air carrier, the Successor shall, in addition to assuming all obligations under the Agreement, provide the Flight Attendant with the Allegheny-Mowhawk Labor Protective Provisions.

  • The Transit Employee Protective Provisions apply to each contract for transit operations performed by employees of a Contractor recognized by FTA to be a transit operator.


More Definitions of Protective Provisions

Protective Provisions. So long as the Initial Purchasers hold shares of Preferred Stock and such shares (taken together with any shares of Common Stock held by such Purchasers which were issued upon conversion of Preferred Stock) equal at least 51% of the shares of Common Stock issuable upon conversion of shares of Preferred Stock outstanding on the Closing Date, the Company shall not, and shall not permit any of its subsidiaries to, (A) without the consent of the holders of a majority of the shares of Preferred Stock then outstanding, (i) merge or consolidate with any person or entity unless the per share consideration received by the holders of shares of Preferred Stock in such transaction exceeds three times the Conversion Price, (ii) effect, approve or authorize any liquidation or any recapitalization or reorganization of the Company or any subsidiary unless the per share consideration received by the holders of shares of Preferred Stock in such transaction exceeds three times the Conversion Price, (iii) directly or indirectly pay or declare any dividend, make any distribution upon, redeem or repurchase any shares of capital stock (except a dividend on, distribution upon or redemption of Preferred Stock), (iv) agree to, or permit any subsidiary to agree to, any provision in any agreement that would impose any restriction on the Company's ability to honor the exercise of any rights of the holders of the Shares, or (v) enter into any transaction with any affiliate of the Company, except upon terms which are not less favorable and reasonable than those obtainable in an arm's-length transaction with a party that is not an affiliate, or (B) without the approval of the Board, including a majority of directors (if any) nominated by holders of the Preferred Stock, (i) materially alter or change the business of the Company as it is currently conducted (including related Internet ventures), (ii) hire or fire, or amend the employment terms, of the CEO, COO or CFO of the Company, (iii) make or commit to capital expenditures or acquire or dispose of any business or assets for consideration with a value in excess of $2.5 million (including all assumed debt, all cash payments, and the fair market value of all securities or other property issued as consideration) or incur, assume or otherwise become obligated for indebtedness in excess of $10 million, or (iv) alter any equity incentive plan or materially alter any cash bonus plan for executive officers.
Protective Provisions. (a) the provisions applicable to a Partner under Sections 9.2, 9.3, 9.4 and 9.5 and (b) any provision contained in a Series Designation or the Supplemental Schedule that is designated as a “Protective Provision”.
Protective Provisions. Existing fundamental corporate transactions shall require the prior written approval or consent of holders of at least 70% of the outstanding shares of Series A-1 Stock, Series A-2 Stock and Series A-3 stock, voting together as a single class (the “Required Investor Majority”).
Protective Provisions means the provisions of Article Thirteenth of the Restated Certificate of Incorporation of the Company.
Protective Provisions means the provisions for the protection of the Authority agreed between the Borough Council and the Authority attached hereto in Schedule 1;
Protective Provisions means with respect to the Common Units as follows:
Protective Provisions means the provisions set out at Annex 8 (Protective Provisions); “Purchase Price” means one pound (£1);