Competitive Projects Sample Clauses

Competitive Projects. Manager may, individually or with others, provide management services in regard to and possess an interest in any other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and apartment projects other than the Project, whether or not such other ventures or projects are competitive with the Project, and Owner shall not have any right to the income or profits derived therefrom.
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Competitive Projects. Manager may, individually or with others, engage in or possess an interest in any other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and building projects other than the Property, whether or not such other ventures or projects are competitive with the Property.
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Competitive Projects. Manager agrees that in its management of ventures or projects which are competitive with the Project, Manager will exercise good faith towards and deal fairly with Owner and the Project. Manager agrees to notify Owner of any competitive projects.
Sample 1Sample 2
Competitive Projects. Until such time as all of the Obligations -------------------- under and arising out of the Construction Loan Documents, together with the Working Capital Loan and the Incentive Fee, excluding the Receivables Loan, have been paid and satisfied in full, and Lender has no further obligation to make any advances of the Construction Loan or Working Capital Loan, Borrower shall not, without the prior written consent of Lender, develop or permit any of its Affiliates to develop a time-share resort in or around the Lake Tahoe resort area.
Sample 1
Competitive Projects. (a) Development Manager may, individually or with others, engage or possess an interest in other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and projects other than the Project, even if those other projects and ventures are in the vicinity of or competitive with the Project. Owner shall not have any right to the income or profits derived therefrom. (b) Owner acknowledges that Affiliates of Development Manager are engaged, directly and indirectly, in development of the developments adjacent to the Project, which includes, among other things, a mixed use development , an office development and a retail development. Owner acknowledges that the Affiliates of Development Manager may continue to be engaged directly and indirectly in such developments. Owner shall not have any right by virtue of this Agreement in and to such developments or the income or profits derived from such developments. The status of Development Manager under this Agreement shall be without prejudice to the rights of the Affiliates of Development Manager to have such other interests and activities, and to enjoy profits or compensation therefrom. (c) The foregoing and anything else in this Agreement notwithstanding, Development Manager shall (i) at all times treat its obligations with respect to the Project with at least an equal regard as compared to its other projects and ventures, and (ii) not discriminate against Owner or the interests of Owner in the Property or Project, or systematically impede or obstruct the full realization by Owner of its interests in the Property or Project, in connection with the exercise of Development Manager’s rights or the discharge of Development Manager’s obligations under this Agreement or the agreements and documents governing its other project or ventures.
Sample 1
Competitive Projects. Owner and Manager, in each case, individually or with others, may engage in, own, manage or possess any interest in any other properties, projects and ventures of every nature and description, including, but not limited to, the ownership, financing, leasing, operation, management, brokerage, development and sale of real property and apartment projects other than the Properties and the Services to be provided hereunder, whether or not such other ventures or projects compete with the Properties or the Services to be provided hereunder so long as any such engagement or possession shall not adversely affect the Properties, the performance of the Services hereunder or Owner, and neither Manager nor Owner shall have any right to the income or profits derived from such other party’s projects.
Sample 1
Competitive Projects. The University acknowledges, agrees and understands that the Manager and/or its affiliates may, individually or with others, engage in or possess an interest in any other projects and ventures of every nature and description, including, but not limited to, the ownership, financing, licensing, operation, management, brokerage, development and sale of real property and building projects other than the Project, whether or not such other ventures or projects are competitive with the Project.
Sample 1
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Competitive Projects. This Plan distinguishes between pre-competitive research projects and competitive research projects. Pre-competitive research projects should be directed to projects in which the results are likely to be beneficial to advancing the general state of the art and not specific to a particular Member’s proprietary process or products. Competitive research projects should be directed to projects in which the results are likely to be more applied in nature and specific to a particular Member’s proprietary process or products. At the time a research project is submitted to Institute for funding, the applicant must identify the research project as pre-competitive or competitive. When reviewing research projects for funding, the Institute will consider whether projects are pre-competitive or competitive as one factor for selection. For Member Initiated Projects, a preference will be given for pre-competitive projects. Members may provide additional funding for projects that have been approved for funding from membership fees to create an Enhancement Project. Intellectual Property arising from an Enhancement Project is Institute Intellectual Property and the additional funding does not affect ownership or licensing rights in the Institute Intellectual Property. The benefits of providing additional funding may include reduced Facilities & Administration (F&A). It is also possible for a Member or Members to fund projects that are not “Institute Research” pursuant to a sponsored research agreement with NC State. This is not an Enhancement Project. The terms of the sponsored research agreement will be set forth in the agreement and, unless otherwise agreed by the parties, neither the Institute nor any non-party Member will have any rights in the results of the research. The results of this research will be available to Institute Members on terms set forth in the sponsored research agreement. Such research will carry F&A rates and other terms, including intellectual property and licensing rights, customary for sponsored research agreements at NC State.
Sample 1

Related to Competitive Projects

  • Competitive Products Competitive Products" means products that serve the same function as, or that could be used to replace, products the Company provided to, offered to, or was in the process of developing for a present, former, or future possible customer/partner at any time during the twelve (12) months immediately preceding the last day of Participant's employment (or at any time during Participant's employment if Participant was employed for less than 12 months), with which Participant had direct responsibility for the sale or development of such products or managing those persons responsible for the sale or development of such products.

  • Competitive Business “Competitive Business” shall mean an enterprise that is in the business of offering banking products and/or services, which services and/or products are similar or substantially identical to those offered by the Bank during Executive’s employment with the Bank.

  • Competitive Activities During the term of this Agreement, Consultant will not, directly or indirectly, in any individual or representative capacity, engage or participate in or provide services to any business that is competitive with the types and kinds of business being conducted by Company.

  • Projects There shall be a thirty (30) km free zone around the projects excluding the Metro Vancouver Area. For local residents, kilometers shall be paid from the boundary of the free zone around the project. Workers employed by any contractor within an identified free zone who resides outside of that same free zone will be paid according to the Kilometer Chart from the project to their residence less thirty

  • Competing Products The provisions of Section 21 are set forth on attached Exhibit H and are incorporated in this Section 21 by this reference.

  • Competitive Activity Executive shall be deemed to have engaged in "Competitive Activity" if, during the period commencing on the date hereof and ending on the second anniversary of the date Executive's employment with the Company or its subsidiaries terminates, (i) Executive, for himself or on behalf of any other person, firm, partnership, corporation, or other entity, engages, directly or indirectly, as an executive, agent, representative, consultant, partner, shareholder or holder of any other financial interest, in any business that competes with the Company or its subsidiaries in the line of business Executive is employed in by the Company or its subsidiaries (as applicable), as such business is described in any employment or severance agreement then in effect between Executive and the Company or one of its subsidiaries or, if no such agreement is then in effect, as described on Schedule II attached hereto (a "Competing Business"), it being understood and agreed that Executive's activities shall not satisfy this clause (i) where Executive is employed by a person, firm, partnership, corporation, or other entity engaged in a variety of activities, including the Competing Business, and Executive is not engaged in or responsible for the Competing Business of such entity. Executive may also, without satisfying clause (i) be a passive owner of not more than 2% of the outstanding publicly traded stock of any class of a Competing Business so long as Executive has no active participation in the business of such entity, except to the extent permitted above; or (ii) Executive (A) directly or indirectly through another entity, induces or attempts to induce any employee of the Company or its subsidiaries to leave the employ of the Company or its subsidiaries, or in any way interfere with the relationship between the Company or any of its subsidiaries and any employee thereof, (B) knowingly hires any person who was an employee of the Company or any of its subsidiaries within 180 days prior to the time such employee was hired by Executive, (C) induces or attempts to induce any customer, supplier, licensee or other business relation of the Company or any of its subsidiaries to cease doing business with the Company or its subsidiaries or in any way interfere with the relationship between any such customer, supplier, licensee or business relation and the Company or any subsidiary or (D) directly or indirectly acquires or attempt to acquire an interest in any business relating to the business of the Company or any of its subsidiaries and with which the Company or any of its subsidiaries has entertained discussions or has requested and received information relating to the acquisition of such business by the Company or its subsidiaries in the one-year period immediately preceding Executive's termination of employment with the Company.

  • Competing Business Competing Business" means any financial institution or trust company that competes with, or will compete in any of the Counties with, the Bank or any affiliate of the Bank. The term "Competing Business" includes, without limitation, any start-up or other financial institution or trust company in formation.

  • BY THE COMPETITIVE SUPPLIER As a material inducement to entering into this ESA, the Competitive Supplier hereby represents and warrants to the Town as of the Effective Date of this ESA as follows: a) it is duly organized, validly existing and in good standing under the laws of the jurisdiction of its formation and is qualified to conduct its business in those jurisdictions necessary for it to perform its obligations under this ESA; b) it has all authorizations from any Governmental Authority necessary for it to legally perform its obligations under this ESA or will obtain such authorizations in a timely manner prior to when any performance by it requiring such authorization becomes due; c) the execution, delivery and performance of this ESA are within its powers, have been duly authorized by all necessary action and do not violate any of the terms or conditions in its governing documents or any contract to which it is a party or any Governmental Rule applicable to it; d) subject to the conditions set forth in Article 2.4, this ESA constitutes a legal, valid and binding obligation of the Competitive Supplier enforceable against it in accordance with its terms, and the Competitive Supplier has all rights such that it can and will perform its obligations to the Town in conformance with the terms and conditions of this ESA, subject to bankruptcy, insolvency, reorganization and other laws affecting creditor’s rights generally and general principles of equity; e) no Bankruptcy is pending against it or to its knowledge threatened against it; f) none of the documents or other written information furnished by or on behalf of Competitive Supplier to the Town pursuant to this ESA, contains any untrue statement of a material fact or omits to state any material fact required to be stated therein or necessary to make the statements contained herein or therein, in the light of the circumstances in which they were made, not misleading; and g) all information furnished by Competitive Supplier in response to the Request for Proposals for competitive electric supply services is true and accurate.

  • Competitor “Competitor” means any person, firm, business or other organization or entity that designs, develops, produces, offers for sale or sells products that are in competition with the products of the Company or an Affiliate as designed, developed, produced, offered for sale or sold by the Company or an Affiliate at the time of Executive’s Separation from Service.

  • Competing Activities Notwithstanding any duty otherwise existing at law or in equity, (i) neither a Member nor a Manager of the Company, or any of their respective affiliates, partners, members, shareholders, directors, managers, officers or employees, shall be expressly or impliedly restricted or prohibited solely by virtue of this Agreement or the relationships created hereby from engaging in other activities or business ventures of any kind or character whatsoever and (ii) except as otherwise agreed in writing or by written Company policy, each Member and Manager of the Company, and their respective affiliates, partners, members, shareholders, directors, managers, officers and employees, shall have the right to conduct, or to possess a direct or indirect ownership interest in, activities and business ventures of every type and description, including activities and business ventures in direct competition with the Company.

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