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

Executive acknowledges and agrees that the Company would be irreparably damaged if Executive were to directly or indirectly provide services to any Person competing with the Restricted Business or the Company or engaging in a similar business and that such direct or indirect competition by Executive would result in a significant loss of goodwill by the Company.
During the Restricted Period, each Applicable Party shall not, directly or indirectly, (i) solicit for the purpose of providing a Restricted Business service, or divert, any customer or prospective customer of the Companies with whom the Companies had material business contact during the twelve (12) months prior to Closing, or (ii) intentionally interfere in any material respect with the business relationships between the Companies and their material suppliers or vendors; in each case within the Territory.
Notwithstanding anything to the contrary in this paragraph Article IX, none of the restrictive covenants in such Article shall apply to any Applicable Party who shall be terminated by the Buyer or any affiliate of Buyer, even if conducting a Restricted Business within the Restricted Area, within the Restricted Period.
The “Restricted Area” means anywhere in the United States or in any other market in which the Company Group is engaged, or is actively contemplating becoming engaged, in the Restricted Business during the Restricted Period.

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

Restricted Business means the businesses of the Company or any Group Company at the Termination Date (or if earlier the start of any Garden Leave Period ending on the Termination Date) with which the Executive was involved to a material extent during the last 12 months of the Employment.

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