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

Notwithstanding the foregoing, with prior written consent from the Company which shall not be unreasonably withheld, you may accept employment or otherwise be engaged in or involved with a competitor of the Group that has multiple lines of business (a “Permitted Employer”) provided that, during the Restricted Period, you are employed by or providing services to a business unit of such competitor that is not engaged or otherwise involved with the Restricted Business.
However, nothing herein shall preclude Employee from (i) working in a capacity which does not violate any other restrictions contained in this Paragraph; or (ii) holding not more than one percent (1 %) of the outstanding shares of any publicly held company that may be so engaged in a trade or business the same or similar to the Restricted Business.

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 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 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

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.