Restricted Business definition

Restricted Business has the meaning set forth in Section 6.10(a).

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Restricted Business has the meaning assigned to such term in the Omnibus Agreement.

Restricted Business means any business function with a direct competitor of the Company or any Subsidiary that is substantially similar to the business function performed by Executive with the Company or any Subsidiary immediately prior to his Termination Date.

Examples of Restricted Business in a sentence

In the event any entity directly or indirectly established or managed by any of the undersigned, engages or will engage in any Restricted Business, such undersigned shall cause such entity (a) to disclose any relevant information to the Investors upon request, and (b) transfer such lawful business to the Company or any Subsidiary designated by the Company immediately.
The restrictions of this Clause 2(a)(iii) shall likewise apply if, although Participant’s place of work is located outside the Restricted Area, Participant’s activity is performed for the benefit of a Restricted Business located in the Restricted Area.
Executive acknowledges and agrees that all documents, notes, memoranda, files, records, writings and other materials of any nature, written or electronic, that relate to or are useful in any matter to the Restricted Business are and will remain the sole and exclusive property of the Company Group.

More Definitions of Restricted Business

Restricted Business shall have the meaning set forth in Section 8.2(a).

Restricted Business means any category of business or business practice for which a Service cannot be used, as identified on the Stripe Restricted Business List (located on the Stripe Website) for the applicable Service and jurisdiction of your Stripe Account.

Restricted Business means the business of designing, manufacturing, servicing, operating, marketing, assembling, renting or leasing of air or gas compressors or devices using comparable technologies or other business in which Holdings or its subsidiaries may be engaged during the term of Executive's employment with the Company. To the extent that any entity is primarily engaged in a business other than a Restricted Business, the term "Restricted Business" shall mean the operations, division, segment or subsidiary of such entity that is engaged in any Restricted Business.

Restricted Business means any business conducted by Telkonet at the time of separation of the Executive from Telkonet.

Restricted Business means the operations, division, segment or subsidiary of such entity that is engaged in any Restricted Business.

Restricted Business has the meaning set forth in Section 9.01(i).

Restricted Business means any of the following: (i) the business of extending senior, subordinated or asset-based loans to middle-market companies as targeted by the Company at the effective date of the Termination Event, (ii) providing real estate financing of the types offered by the Company at the effective date of the Termination Event, (iii) extending asset-backed loans or investing in asset-backed securities with financial products of the types then offered by the Company at the effective date of the Termination Event or (iv) any other material line of business engaged in by the Company at the effective date of the Termination Event.