Competitive interests Sample Clauses
Competitive interests. None of the Vendors nor any director or supervisor of the Company nor any of its Connected Persons intends to acquire, either individually or collectively, or with any other person or persons, has any estate, right or interest, directly or indirectly, in any business other than that now carried on by the Group which is or is likely to be or become competitive with the business of any member of the Group.
Competitive interests. 6.3.1 No Vendor, Affiliate of any Vendor, Director, former director of the Company nor any Connected Person, either individually, collectively or with any other person or persons, has any estate, right or interest, directly or indirectly, in any business other than that now carried on by the Company which is or is likely to be or become competitive with any aspect of the Business of the Company save as registered holder or other owner of any class of securities of any company if such class of securities is listed on any recognised investment exchange (as defined in the Financial Services Act 1986) and if such person (together with Connected Persons and Affiliates) holds or is otherwise interested in less than 5 % of such class of securities.
6.3.2 The Vendors either individually, collectively or with any other person or persons are not interested in any way whatsoever in any Intellectual Property used and not wholly owned by the Company.
Competitive interests. To the best knowledge of CHC, none of its stockholders and no affiliate of any stockholder has any direct or indirect interest of any kind in any business which is competitive with or engages in any actual or potential business transactions with CHC.
Competitive interests. The Existing Shareholders or their respective related parties do not hold any direct or indirect interests in any field that is or may be competitive with the businesses of the Company.
Competitive interests. 6.3.1 Neither the Vendor nor, so far as the Vendor is aware, any Seller, Director, former director of any Group Company nor any Connected Person, either individually, collectively or with any other person or persons, has any estate, right or interest, directly or indirectly, in any business (including, without prejudice to the generality of the foregoing, Ocular Sciences, Inc.) other than that now carried on by the Group Company which is or is likely to be or become competitive with the Business save as registered holder or other owner of any class of securities of any company if such class of securities is listed on any recognised investment exchange (as defined in the Financial Services Act 1986) and if such person (together with Connected Persons and Affiliates) holds or is otherwise interested in less than five per cent of such class.
6.3.2 Neither the Vendor nor, so far as the Vendor is aware, the other Sellers either individually, collectively or with any other person or persons are interested in any way whatsoever in any Intellectual Property used and not wholly owned by the Company.
Competitive interests. Neither any RCF Shareholder, Novac Shareholder nor any officer, director, consultant or principal employee of RCF or any of the RCF Subsidiaries owns, directly or indirectly, an interest in any partnership, association, entity or corporation (other than as the holder of less than 1% of the issued and outstanding stock of a publicly held corporation) which presently is conducting a business similar to that conducted by RCF or any RCF Subsidiary as a competitor of RCF or any RCF Subsidiary. To the best of the RCF Shareholders' knowledge, neither any RCF Shareholder, Novac Shareholder nor any officer, director, consultant or principal employee of RCF or any of the RCF Subsidiaries is presently engaged, directly or indirectly, in any activity which would compete with the present business of RCF or any RCF Subsidiary (except for Xxxxxx'x involvement with AEB SRL, an Italian corporation as described in Section 12.1 and except as otherwise completely and accurately set forth in Schedule 6.19 to this Agreement);
Competitive interests. 6.3.1 No Seller, director or former director of the Company nor any Connected Person, either individually or with any other person or persons, has any estate, right or interest, directly or indirectly, in any business other than that now carried on by the Company which is or, so far as the Principal Sellers are aware, is likely to become competitive with any aspect of the Business of the Company save as registered holder or other owner of any class of securities of any company if such class of securities is listed on any recognised investment exchange (as defined in the Financial Services and Markets Act 2000) and if such person (together with Connected Persons and Affiliates) holds or is otherwise interested in less than three per cent of such class of securities.
6.3.2 The Sellers either individually, collectively or with any other person or persons, are not interested in any way whatsoever in any Intellectual Property used and not wholly owned by the Company and have no (and have not asserted any, and do not have grounds to assert any) right, title or interest in or to any Intellectual Property wholly owned by the Company.
Competitive interests. Neither the Managing Member nor any Related Person shall invest in any property meeting the Property Investment Criteria of the Operating Company without the consent of the Independent Directors Committee.
Competitive interests. 3.3.1 Neither the Seller, nor any Affiliate of the Seller, Director of the Company nor any Connected Person, either individually, collectively or with any other person or persons has any estate, right or interest, directly or indirectly, in any business other than that now carried on by the Company which is or is likely to be or become competitive with any aspect of the Business of the Company save as registered holder or other owner of any class of securities of any company if such class of securities is listed on any recognised investment exchange (as defined in the Financial Services and Markets Act 2000) and if such person (together with Connected Persons and Affiliates) holds or is otherwise interested in less than 3% of such class of securities.
3.3.2 Neither the Seller, nor any Affiliate of the Seller, Director (or anyone serving as a director of any of the Target Group Companies at any time between 31 December 2004 and the Completion Date) of the Company nor any Connected Persons, either individually, collectively or with any other person or persons is interested in any way whatsoever in any assets used by the Company.
Competitive interests. Other than as disclosed on Schedule 5.14 annexed hereto, to (a) Sellers' Knowledge after reasonable investigation, none of the officers or directors of Sellers or OII and (b) Sellers' Knowledge, none of the employees of Sellers or OII, are (i) directors, officers, partners, consultants, agents or employees or own, directly or indirectly, or have any interest in any corporation, firm, association or other business entity or organization, (ii) are in the PEO business, or (iii) are a competitor, lessor, lessee, customer, supplier, sales representative or distributor of any Seller, or (iv) has an interest in any Leasehold, Permit, or any confidential information which any Seller is using or the use of which is necessary or desirable for the conduct of any Seller's business.