Restrictive Provision definition

Restrictive Provision has the meaning set forth in ‎Section 3.06.
Restrictive Provision means a provision of an agreement or of applicable law that purports to  prohibit Debtor’s assignment of, grant of a security interest in, or license of its rights under, an IP License or Domain Name,  require any other Person’s consent to such assignment, grant, or license, or  make such assignment, grant, or license constitute or result in a violation of law or a breach, default, or termination of an IP License or Domain Name Contract. State means a state or territory of the United States, or the District of Columbia.57 A Transfer of Collateral is Debtor’s voluntary disposition (or agreement to dispose) of its rights therein, in whole or in part, by sale, lease, license, assignment, operation of law, or other method, other than the creation or enforcement of a Lien on, or any actual or deemed abandonment of, its rights in any Collateral. To Transfer any Collateral means to effect or implement a Transfer.
Restrictive Provision means any prohibition, limitation or other requirements that could reasonably be expected to have a Surviving Corporation Material Adverse Effect. 6.3.5

Examples of Restrictive Provision in a sentence

  • Also regulates agreements that relate to restrictive Trade Practices; however, in the contract of the Contract Act, it is imperative to understand the implications of a Restrictive Provision in a franchise agreement.

  • Debtor’s rights under an IP License that is subject to or contains a Restrictive Provision that is effective against Debtor despite sections 9- 406 through 9-409 of the UCC or other applicable law, but only for so long as the Restrictive Provision is effective and enforceable.

  • Restrictive Provision: Holding tanks may be allowed where it can be shown conclusively that a SSTS permitted under this Ordinance cannot be feasibly installed.

  • Notwithstanding the foregoing, if any More Restrictive Provision is amended, supplemented, restated or deleted from the Permitted Metals Agreement from which it was originally selected, then simultaneously therewith such amendment, supplement, restatement or deletion shall automatically be deemed to be incorporated into this Agreement, and the parties hereto, at no expense to the Metal Lenders, agree to promptly enter into an amendment to this Agreement to reflect the same.

  • Article 16 prohibits discrimination in employment on the basis of place of birth.)Why is Article 35 A seen as a Restrictive Provision?- Article 35 A prohibits non-permanent residents acquiring immovable property, getting government jobs, scholarships and other aid extended by the Government.

  • If Seller or any of its Subsidiaries is required to enforce a Restrictive Provision in accordance with the foregoing clause (B), the parties shall work in good faith to establish reasonable processes governing the obligations of Seller and the cooperation between the parties with respect thereto.

  • More Restrictive Provision Shall Govern.In the case of a conflict between any provision of this chapter and a provision of any other rule, regulation, and statute or law, whether federal, state, or local, the more restrictive provision shall govern.


More Definitions of Restrictive Provision

Restrictive Provision means any of the financial covenants contained in Section 6.2.4 or the negative covenants contained in Section 6.2.8 of the Credit Agreement, in each case as the same may be amended from time to time; provided, however, that to the extent noncompliance with any such covenant as a result of the purchase by the Company of Warrant Securities is waived in accordance with Section 9.1 of the Credit Agreement, such covenant shall not constitute a Restrictive Provision.
Restrictive Provision means any of the following provisions contained in a Contract: (a) “change of control” provision in favor of the other party or parties thereto that would (i) prohibit the Transactions or give such party or parties a right to terminate such agreement as a result of the Transactions or (ii) result in a loss of benefits or rights or require a payment to, or give rise to any rights of, such other party, as a result of the Transactions, (b) any provision that would limit or otherwise restrict (i) the payment of dividends or distributions in respect of the capital stock or equity interests of the Company or any of its Subsidiaries, (ii) the granting of Liens on any property or asset of the Company or its Subsidiaries or (iii) the issuance of guarantees or the incurrence of other Indebtedness by the Company or any of its Subsidiaries, or (c) any provision that would give rise to an event of default or termination if the other party or parties thereto or an Affiliate thereof ceases to be a provider of debt financing to the Company or any of its Subsidiaries.
Restrictive Provision means any provisions in the Contracts to which a Xiaodu Group Company is a party that restricts the ability of any Xiaodu Group Company or any other Person to conduct or engage in any business or activity with Rajax or Alibaba or any of their respective Affiliates.

Related to Restrictive Provision

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • Restrictive Agreement an agreement (other than a Loan Document) that conditions or restricts the right of any Borrower, Subsidiary or other Obligor to incur or repay Borrowed Money, to grant Liens on any assets, to declare or make Distributions, to modify, extend or renew any agreement evidencing Borrowed Money, or to repay any intercompany Debt.

  • Restrictive Covenant Agreements is defined in the Recitals.

  • Restrictive Covenants means the restrictive covenants contained in Section 13(c) hereof.

  • Restrictive Agreements as defined in subsection 3.3(a).

  • Restrictive procedures means the use of physical holding or seclusion of children with disabilities in an emergency. Because the special education director reported the district intends to continue the use of physically holding children with disabilities in an emergency, the district is required to maintain and make publicly accessible a restrictive procedures plan (RPP) for children with disabilities. Minnesota Statute requires that the plan must, at least, list the restrictive procedures the school intends to use; describe how the school will monitor and review the use of restrictive procedures; and include a written description and documentation of the training school personnel completed.

  • Covenant not to compete means an agreement:

  • restrictive condition means any condition registered against the title deed of land restricting the use, development or subdivision of the land concerned:

  • Restrictive Covenant Violation means the Participant’s breach of the Restrictive Covenants listed on Appendix A or any covenant regarding confidentiality, competitive activity, solicitation of the Company’s vendors, suppliers, customers, or employees, or any similar provision applicable to or agreed to by the Participant.

  • restrictive practice means forming a cartel or arriving at any understanding or arrangement among Bidders with the objective of restricting or manipulating a full and fair competition in the Bidding Process.

  • Restriction Agreement means the agreement setting forth the terms of an Award, and executed by a Grantee as provided in Section 7.1 hereof.

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.

  • Restricted network provision means any provision which conditions the payment of benefits, in whole or in part, on the use of network providers.

  • Least restrictive environment means the environment in which the interventions in the lives of people with mental illness can be carried out with a minimum of limitation, intrusion, disruption, and departure from commonly accepted patterns of living.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Noncompetition Agreement has the meaning stated in Section 2.1.

  • Restriction : means to withhold from circulation, use or publication any personal information that forms part of a filing system, but not to delete or destroy such information;

  • Restrictive Legend shall have the meaning specified in Section 2.05(c).

  • Disparagement means making comments or statements to the press, the Company’s or its Affiliates’ employees, consultants or any individual or entity with whom the Company or its Affiliates has a business relationship which could reasonably be expected to adversely affect in any manner: (a) the conduct of the business of the Company or its Affiliates (including, without limitation, any products or business plans or prospects); or (b) the business reputation of the Company or its Affiliates, or any of their products, or their past or present officers, directors or employees.

  • Supine restraint means the restraint of a student in a face-up position on the student’s back on the floor or another surface and with physical pressure applied to the body of the student to keep the student in the supine position.

  • Restriction of Use means, in respect of any day, any difference from the normal capability of all or any part of the Routes (where the normal capability of the Routes is expressed in the Applicable Timetable Planning Rules relevant to that day notified to each Timetable Participant on or before D-26) which results in:

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Noncompetition Agreements as defined in Section 2.8(a)(iv). "Occupational Safety and Health Law"--any law or regulation designed to provide safe and healthy working conditions and to reduce occupational safety and health hazards, and any program, whether governmental or private (including those promulgated or sponsored by industry associations and insurance companies), designed to provide safe and healthful working conditions.

  • arbitration agreement means an agreement by the parties to submit to arbitration all or certain disputes which have arisen or which may arise between them in respect of a defined legal relationship, whether contractual or not;

  • Least restrictive alternative means the treatment and conditions of treatment which, separately and in combination, are no more intrusive or restrictive of freedom than reasonably necessary to achieve a substantial therapeutic benefit to the minor, or to protect the minor or others from physical injury;