Restricted Opportunity definition

Restricted Opportunity means a Corporate Opportunity offered in writing to a Dual Role Person solely in such Dual Role Person’s capacity as a director, officer or employee of the Corporation or any of its Affiliated Companies.
Restricted Opportunity means a transaction, matter or opportunity offered in writing to any Sponsor or a director, officer, or employee of a Sponsor solely and expressly by virtue of such Person being a member of the Board of Directors or an officer or an employee of the Corporation.
Restricted Opportunity means in respect of each Affiliated Issuer, any bona fide offer or invitation of business opportunity(ies), the pursuance of which by any member of its Affiliated Group is prohibited under the Existing Undertakings.”

Examples of Restricted Opportunity in a sentence

  • Lam shall remain unchanged and in full force and effect save to the extent of any Restricted Opportunity to which the Waiver applies.

  • The usual authority of the Board in considering and approving any business opportunities, including any investment by the Group in a Restricted Opportunity solely or jointly with party(ies) other than member(s) of the Affiliated Groups shall remain unaffected.

  • Lam but will affect them only to the extent if any member of the Affiliated Groups is allowed to participate in a Restricted Opportunity, and such member also constitutes an associate of any of Messrs.

  • The usual authority of the Lai Fung Board in considering and approving any business opportunities, including any investment by the Lai Fung Group in a Restricted Opportunity solely or jointly with party(ies) other than member(s) of the Affiliated Groups shall remain unaffected.

  • Three similar completed works each costing not less than the amount equal to Rs. 30 lakhs (Rs. Thirty Lakhs) only.


More Definitions of Restricted Opportunity

Restricted Opportunity means a transaction, matter or opportunity offered in writing to Mr. Edwards or Littlejohn or a director, officer, or employee of Edwards or Littlejohn solely and expressly by virtue of such Person being a member of the Board of Directors or an officer or an employee of the Corporation.
Restricted Opportunity means any opportunity for the leasing, acquisition, farm-in, exploration, development, production, or any combination of the foregoing, of oil, gas or other Hydrocarbon leases in the Designated Area.
Restricted Opportunity has the meaning set forth in Section 3.1.
Restricted Opportunity means a discrete business opportunity that satisfies each of the following criteria:
Restricted Opportunity means (a) with respect to each of Tim Christensen and Nick Manuel, any direct or indirect (i) gathering, transportation or marketing (or any combination of the foregoing) of any crude oil or derivatives therefrom from any lands covering or burdening any lands located within the Restricted Area, (ii) acquisition, purchase or opportunity with respect to any rights-of-way, easements, pipelines, gathering systems or related equipment with respect to or used for the gathering, transportation or marketing (or any combination of the foregoing) of any crude oil or derivatives therefrom from any lands covering or burdening any lands located within the Restricted Area or (iii) agreement or opportunity (including the financing of) to provide to any Person any gathering, transportation or marketing (or any combination of the foregoing) of any crude oil or derivatives therefrom from any lands covering or burdening any lands located within the Restricted Area; provided, however, that for purposes of clarification, Restricted Opportunities shall not include natural gas with respect to either Tim Christensen or Nick Manuel; and (b) with respect to each of Greg Ward, David Ratliff, David Wait and Colin Miller, any direct or indirect (i) gathering, processing, compression, fractionation, transportation or marketing (or any combination of the foregoing) of any hydrocarbons or derivatives therefrom from any lands covering or burdening any lands located
Restricted Opportunity means any opportunity for (including an opportunity to finance) the leasing, acquisition, exploration, development, production, gathering or marketing or any combination of the foregoing, of oil, gas or other hydrocarbons in the AMI, but for the avoidance of doubt shall specifically exclude with respect to Och-Ziff only, any gathering, marketing or transportation opportunity or any opportunity relating to providing materials, labor or field services in connection with the drilling of xxxxx.
Restricted Opportunity means any opportunity for, including an opportunity to finance, the leasing, acquisition, farm-in, exploration, development, production, transportation, gathering or marketing or any combination of the foregoing, of Hydrocarbons produced from or that may be produced from or attributable to lands lying within the Project Area. In the event Seller acquires an interest in derogation of this Section, Purchaser shall have the option to require Seller to automatically assign such interest to Purchaser or its designee without any remuneration on behalf of Purchaser.