Common use of Absence of Restrictions on Business Activities Clause in Contracts

Absence of Restrictions on Business Activities. There is no Contract or Order binding upon the Business or any of the Assets that has had or could reasonably be expected to have the effect of prohibiting or impairing any business practice of Parent, Merger Sub or the Surviving Company, any acquisition of property (tangible or intangible) by Parent, Merger Sub or the Surviving Company, the operation of the Business by Parent or the Surviving Company or otherwise limiting the freedom of Parent or the Surviving Company to engage in any line of business or to compete with any Person.

Appears in 4 contracts

Samples: Merger Agreement (ONE Group Hospitality, Inc.), Merger Agreement (ONE Group Hospitality, Inc.), Merger Agreement (ONE Group Hospitality, Inc.)

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Absence of Restrictions on Business Activities. There is no Contract or Order binding upon the Business or any of the Acquired Assets that has had or could reasonably be expected to have the effect of prohibiting or impairing any business practice of Buyer or Parent, Merger Sub or the Surviving Company, any acquisition of property (tangible or intangible) by Buyer or Parent, Merger Sub or the Surviving Company, the operation of the Business by Parent or the Surviving Company Buyer or otherwise limiting the freedom of Buyer or Parent or the Surviving Company to engage in any line of business or to compete with any Person.

Appears in 1 contract

Samples: Asset Purchase Agreement (ONE Group Hospitality, Inc.)

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