Competitor definition

Competitor means any company, other entity or association or individual that directly or indirectly is engaged in the Company’s Business.

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Competitor means any entity or person that provides or is planning to provide a Covered Product or Service in competition with a Covered Product or Service that an AMERIGROUP Company is actively developing, marketing, providing or selling.

Competitor means (i) any Person operating an Eligible Business and (ii) any Affiliate of any Person described in clause (i) (other than any Affiliate of such Person as a result of common control by a Governmental Authority or instrumentality thereof and any Affiliate of such Person under common control with such Person which Affiliate is not actively involved in the management and/or operations of such Person).

Examples of Competitor in a sentence

• A “Direct Competitor” means a person, business or company providing products or services anywhere in the United States, that are intended to or may be used to replace the same sort of products or services sold to customers by COMPANY; however, a Direct Competitor shall be further limited to only those companies that sell the same sort of products for which EMPLOYEE had responsibility for or over while employed by COMPANY.

• Without limiting the generality of subparagraph 11.b. above, during the eighteen (18)-month period following his Separation Date, EMPLOYEE agrees he shall not, either personally or in conjunction with others, (a) solicit, interfere with, or endeavor to cause any Restricted Employee of COMPANY to leave employment with COMPANY to work for a Direct Competitor, or (b) otherwise induce or attempt to induce any Restricted Employee to terminate employment with COMPANY to work for a Director Competitor.

• In addition, Restricted Employees are limited to those COMPANY employees who have special knowledge and/or information (including access to confidential information) that could cause COMPANY damage/harm if they went to work for a Direct Competitor.

• Without limiting the generality of subparagraph 11.b. above, during the eighteen (18) month period following his Separation Date, EMPLOYEE agrees that he will not, on his own behalf, or on behalf of any other person or entity, directly or indirectly, provide services to a Direct Competitor in a role where EMPLOYEE’s knowledge of confidential information is likely to affect EMPLOYEE’s decisions or actions for the Direct Competitor, to the detriment of the Company.

More Definitions of Competitor

Competitor means any Person engaged, wholly or in part, in Competitive Services.

Competitor means any individual or entity that, at any time during the Term, whether directly or through an Affiliate, owns in whole or in part, or is the licensor or franchisor of a Competing Brand, irrespective of the number of hotels owned, licensed or franchised under such Competing Brand name. A Competitor does not include an individual or entity that: (i) is a franchisee of a Competing Brand; (ii) manages a Competing Brand hotel, so long as the individual or entity is not the exclusive manager of the Competing Brand; or (iii) owns a minority interest in a Competing Brand, so long as neither that individual or entity nor any of its Affiliates is an officer, director, or employee of the Competing Brand, provides services (including as a consultant) to the Competing Brand, or exercises, or has the right to exercise, Control over the business decisions of the Competing Brand.

Competitor means any entity that provides products or services that compete with or are alternatives to the principal products produced or services provided by the Corporation or its affiliates;

Competitor means a Person engaged, directly or indirectly (including through any partnership, limited liability company, corporation, joint venture or similar arrangement (whether now existing or formed hereafter)), in substantially the same business as the Company, but shall not include any financial investment firm or collective investment vehicle that, together with its Affiliates, holds less than 20% of the outstanding equity of any Competitor and does not, nor do any of its Affiliates, have a right to designate any members of the board of directors of such Competitor.

Competitor means a competitor of, the Borrower or any of its Subsidiaries.

Competitor means an individual, business or any other entity or enterprise engaged or having publicly announced its intent to engage in the sale or marketing of any Competing Product or Service.

Competitor means any Person that is engaged in (or intends or proposes to engage in, or has been organized for the purpose of engaging in) a Competing Business in the Company’s Market Area.