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

For a period of five (5) years after the Closing Date, Seller shall not, directly or indirectly, solicit, market to, sell to, provide services to, bid for, contract with, accept business from, divert, interfere with, or attempt to divert or interfere with, any Restricted Customer for or in connection with any Restricted Business.
For a period of eighteen (18) months following the Closing Date, neither Seller nor Stockholder shall, directly or indirectly, engage in, participate in, invest in, provide services to, or otherwise deal with, any Restricted Business, subject to customary exceptions for passive investments of less than 2% in publicly traded companies.
Notwithstanding anything to the contrary in this Section 6.6, Buyer acknowledges and agrees that the integration of third party products or services that accept, process, or facilitate electronic payments into products or services offered by the Software Businesses, whether such third party is the Company or any other payment processor, shall not constitute a breach of this Section 6.6 to the extent such products or services do not otherwise constitute a Restricted Business.
A business shall be considered competitive only to the extent it offers products or services that materially compete with those offered within the applicable Restricted Business Segment.
A “Competing Enterprise” is any person or entity that engages, directly or indirectly, in a business that is competitive with, substantially similar to, or a substitute for any Restricted Business Segment in the United States, including through retail locations, distribution facilities, field operations, project-based operations, or electronic commerce.

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 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.