Restrictions on Seller Sample Clauses

Restrictions on Seller. Except as set forth in the Transition Services Agreement and except as provided in Section 3.2 herein, for a period of *** years after the Effective Date, Seller agrees not to (a) make, have made, sell, license or otherwise provide to any third party the Products or any products derived from and substantially identical to the Products, or (b) sell, license or otherwise provide to any third party the Restricted Documents.
AutoNDA by SimpleDocs
Restrictions on Seller. 15.1.1 The Seller and the Seller Parent undertake with the Purchaser to procure that no member of the Seller’s Group shall, during the Restricted Period:
Restrictions on Seller. 12.1 Except as provided in Clause 12.2, the Seller shall not and shall procure that no other member of the Seller’s Group shall, without the prior written consent of the Purchaser:
Restrictions on Seller. Between the date hereof and the Closing Date, Seller will not offer or sell any of the Company Shares or rights or options to acquire the Company Shares or enter into any agreement, commitment, agreement in principal or letter of intent with respect to the Company Shares or grant or issue any option, warrant or derivative security with respect to the Company Shares or otherwise take any steps which are reasonably likely to impair Seller's ability or capacity to consummate this Agreement.
Restrictions on Seller. From the expiration of the Evaluation Period until Closing, not (i) seek or agree to any change or modification with respect to zoning or development rights with respect to the Property without Purchaser’s prior written consent, (ii) place any voluntary lien or encumbrance on the Property without Purchaser’s prior written consent, which will not be unreasonably withheld, conditioned or delayed, or (iii) commence, at Seller’s sole cost and expense, material (i.e., in excess of one-tenth of one percent (0.1%) of the Purchase Price), elective or optional alterations at the Property without Purchaser’s prior written consent, which will not be unreasonably withheld, conditioned or delayed. At any time prior to Closing, Seller shall have the right to commence, without Purchaser’s consent, any alterations that the Seller is contractually obligated to perform.
Restrictions on Seller. 18.1 For the purpose of assuring to Buyers the full benefit of the business, goodwill and know-how of the Acquired Companies, Seller and/or its Subsidiaries and/or Altor shall not during the period of 36 months after the Closing Date:
Restrictions on Seller. The sale herein is exclusive in all respects and Seller agrees that during the term of this Agreement, neither Seller nor any of its officers, employees, agents or Affiliates will, except as expressly requested by Buyer otherwise required to carry out the provisions of this Agreement.
AutoNDA by SimpleDocs
Restrictions on Seller. (a) Subject to clause 8.2(b) below, the Seller must not, and must procure that the Seller Group Members and the Seller Group Representatives or Advisers do not, directly or indirectly for the Non-Solicitation Period, induce or encourage any Employee to leave the employment of the Manager, or the Target Entity, or to work for or on behalf of any Seller Group Member.
Restrictions on Seller. (a) Seller undertakes with Purchasers to procure that no member of Seller’s Group (excluding the Group Companies) shall, directly or indirectly, during the Restricted Period:
Restrictions on Seller. Without limiting the generality or effect of the provisions of Section 4.1 (Interim Covenants), during the period from the date hereof and continuing until the earlier of the termination of this Agreement and the Closing, Seller shall not, directly or indirectly, do, propose to any third party to do (other than proposals to Purchaser for the purpose of seeking consent), cause or, by its action or inaction, permit any of the following (except to the extent required by this Agreement, as set forth in Schedule 4.2 or as consented to in writing by Purchaser):
Time is Money Join Law Insider Premium to draft better contracts faster.