Common use of Business Activity Restriction Clause in Contracts

Business Activity Restriction. There is no non-competition or other similar agreement, commitment, judgment, injunction, order or decree to which the Company is a party or to which it is subject that has or could reasonably be expected to have the effect of prohibiting or impairing the conduct of business by the Company. The Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its products to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market or line of business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Metastorm Inc)

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Business Activity Restriction. There is no non-competition or other similar agreement, commitment, judgment, injunction, order or decree to which the Company Enable is a party or subject to which it is subject that has or could reasonably be expected to have the effect of prohibiting or impairing the conduct of business the Business by the CompanyEnable as currently conducted. The Company Enable has not entered into any agreement under which the Company Enable is restricted from selling, licensing or otherwise distributing any of its technology or products to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market or line of business.

Appears in 1 contract

Samples: Share Purchase Agreement (Internet Commerce Corp)

Business Activity Restriction. . There is no non-competition or other similar agreement, commitment, judgment, injunction, order or decree to which the Company is a party or subject to which it is subject that has or could reasonably be expected to have the effect of prohibiting or impairing the conduct of business by the Company. The Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market or line of business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Global Secure Corp.)

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Business Activity Restriction. There The Company is no not a party or otherwise subject to any non-competition or other similar agreement, commitment, judgment, injunction, order or decree to which the Company is a party or to which it is subject that has or could reasonably be expected to have the effect of prohibiting or impairing limiting the conduct of business by the CompanyCompany in any respect. The Company has not entered into any agreement under which the Company is restricted from selling, licensing or otherwise distributing any of its technology or products to, or providing services to, customers or potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market or line of business.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Ask Jeeves Inc)

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