Relevant Capacity definition
Examples of Relevant Capacity in a sentence
Each of CITIC and SES agrees for the benefit of the other (which also takes such benefit on behalf of the Company and its subsidiaries) that it will not and will procure that none of its subsidiaries will in any Relevant Capacity during the continuance of this Agreement directly or indirectly carry on any business which is of the same or similar type to the Business nor be concerned in any such business save through the holding or being interested in not more than 5 per cent.
The Seller undertakes with the Purchaser and the Group Companies that no member of the Seller’s Group (in each case, other than a Group Company) will in any Relevant Capacity directly or indirectly during the Restricted Period induce or seek to induce any Restricted Employee to become employed whether as employee, consultant or otherwise by any member of the Seller’s Group, whether or not such Restricted Employee would thereby commit a breach of his contract of service.
The Vendor shall not and shall procure that none of his Related Parties shall, in any Relevant Capacity, whether alone or jointly with another and whether directly or indirectly (whether or not carried out under the name [•] or any name likely to be confused therewith or otherwise) within Spain, carry on or be engaged or concerned or (except as the owner for investment of securities dealt in on a stock exchange and not exceeding 5 per cent.