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

Absence of Restrictions on Business Activities. Except as set forth in Section 3.17 of the Parent Disclosure Schedule, there is no agreement or Order binding upon Parent or any of its Subsidiaries or any of their assets or properties which has had or could reasonably be expected to have the effect of prohibiting or impairing any business practice of Parent or any of its Subsidiaries or the conduct of business by Parent or any of its Subsidiaries as currently conducted or as proposed to be conducted by Parent or any of its Subsidiaries. Except as set forth in Section 3.17 of the Parent Disclosure Schedule, neither Parent nor any of its Subsidiaries is subject to any non-competition, non-solicitation or similar restriction on their respective businesses.

Appears in 3 contracts

Samples: Merger Agreement (Webmethods Inc), Merger Agreement (Webmethods Inc), Merger Agreement (Webmethods Inc)

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Absence of Restrictions on Business Activities. Except as set forth ---------------------------------------------- in Section 3.17 of the Parent Disclosure Schedule, there is no agreement or Order binding upon Parent or any of its Subsidiaries or any of their assets or properties which has had or could reasonably be expected to have the effect of prohibiting or impairing any business practice of Parent or any of its Subsidiaries or the conduct of business by Parent or any of its Subsidiaries as currently conducted or as proposed to be conducted by Parent or any of its Subsidiaries. Except as set forth in Section 3.17 of the Parent Disclosure Schedule, neither Parent nor any of its Subsidiaries is subject to any non-non- competition, non-solicitation or similar restriction on their respective businesses.

Appears in 1 contract

Samples: Merger Agreement (Active Software Inc)

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Absence of Restrictions on Business Activities. Except as set forth in Section 3.17 3.15 of the Parent Disclosure Schedule, there is no agreement or Order binding upon Parent or any of its Subsidiaries or any of their assets assets, rights or properties which has had or could would reasonably be expected to have the effect of prohibiting or materially impairing any business practice of Parent or any of its Subsidiaries or the conduct of business by Parent or any of its Subsidiaries as currently conducted or as proposed to be conducted by Parent or any of its Subsidiaries. Except as set forth in Section 3.17 3.15 of the Parent Disclosure Schedule, neither Parent nor any of its Subsidiaries is subject to any material non-competition, non-solicitation or similar restriction on their respective businesses.

Appears in 1 contract

Samples: Merger Agreement (Protection One Inc)

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