Designated Territory definition

Designated Territory means any state in which Employer and its subsidiaries have in the aggregate at least 500 customers at the time of Employee’s termination and the term “Interface Company” shall mean any affiliate or subsidiary of Holdings. The Employee acknowledges that the provisions of this Section 9 are essential to protect the business and goodwill of the Employer. The Employee will continue to be bound by the provisions of this Section 9 until their expiration and shall not be entitled to any compensation from the Employer with respect thereto except as provided above. If at any time the provisions of this Section 9 shall be determined to be invalid or unenforceable by reason of being vague or unreasonable as to area, duration or scope of activity, this Section 9 shall be considered divisible and shall become and be immediately amended to only such area, duration and scope of activity as shall be determined to be reasonable and enforceable by the court or other body having jurisdiction over the matter; and the Employee agrees that this Section 9 as so amended shall be valid and binding as though any invalid or unenforceable provision had not been included herein.
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Designated Territory means a territory that is specified in Part 1 or Part 2 of Schedule 1;
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Designated Territory means a qualifying territory, or the Sovereign Base Areas of Akrotiri and Dhekelia, which is designated by order under s.50(14) of the 1981 Act. At present, there are No ‘designated territories’.
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Examples of Designated Territory in a sentence

  • Generally authorization response time will conform to generally accepted industry standards in the Designated Territory.

  • The following provisions modify and supplement certain terms and operational procedures pursuant to the Agreement to the extent that they relate to the Designated Territory set forth below.

  • During the Term, Planet Payment shall provide the services described herein for use in connection with the DCC Transactions of Acquirer Merchants located in the Designated Territory.

  • At no charge, Planet Payment shall provide reasonable assistance to the providers of POS terminals used by the Acquirer Merchants in developing applications for additional POS terminal models for use with the Program in the Designated Territory, as well as any necessary modifications to POS devices and applications in order to enable them to operate with the Program.

  • If we develop a model for a Limited Seating Facility and determine that your Designated Territory is an appropriate market for such a facility, we will provide to you a written offer (“Offer”) specifying the terms and conditions for your development of the Limited Seating Facility.


More Definitions of Designated Territory

Designated Territory means a territory designated as such under section 20(a);
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Designated Territory means a territory or area designated by the (COMPANY) within which an individual Bank Sakhi shall operate.
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Designated Territory means the territory set forth in Schedule C.
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Designated Territory means a specific region within the state, as determined by the program.
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Designated Territory means the countries and geographic territories identified in Schedule 1.1;
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Designated Territory means a territory designated as such under section 19(a); “Director” means the officer appointed as the Director of the Centre under section
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Designated Territory means the geographical area (Europe, Asia and/or the Americas) set forth in the License Certificate.
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