Common use of Covenant Not to Compete or Solicit Clause in Contracts

Covenant Not to Compete or Solicit. (a) Subject to the Closing, and beginning on the Closing Date and ending on the second (2nd) anniversary of the Closing Date (the “Non-Competition Period”), without the prior written consent of Parent or Buyer, Seller shall not directly or indirectly engage in a Competitive Business Activity (as defined below) anywhere in the Restricted Territory (as defined below). For all purposes hereof, the term “

Appears in 2 contracts

Samples: Asset Purchase Agreement (Sirenza Microdevices Inc), Asset Purchase Agreement (Sirenza Microdevices Inc)

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Covenant Not to Compete or Solicit. (a) Subject to the Closing, and without limiting Seller's ability to prosecute antitrust claims against third parties, beginning on the Closing Date and ending on the second (2nd) anniversary of the Closing Date (the “Non-Competition "NonCompetition Period"), Seller shall not directly or indirectly (other than on behalf of Buyer), without the prior written consent of Parent or Buyer, Seller shall not directly or indirectly engage in a Competitive Business Activity (as defined below) anywhere in the Restricted Territory (as defined below). For all purposes hereof, the term "

Appears in 1 contract

Samples: Asset Purchase Agreement (Be Inc)

Covenant Not to Compete or Solicit. (a) Subject to the Closing, and beginning on the Closing Date and ending on the second (2nd) anniversary of the Closing Date (the "Non-Competition Period"), without the prior written consent of Parent or Buyer, Seller shall not directly or indirectly engage in a Competitive Business Activity (as defined below) anywhere in the Restricted Territory (as defined below). For all purposes hereof, the term "

Appears in 1 contract

Samples: Asset Purchase Agreement (Vari L Co Inc)

Covenant Not to Compete or Solicit. (a) Subject to the Closing, and without limiting Seller's ability to prosecute antitrust claims against third parties, beginning on the Closing Date and ending on the second (2nd) anniversary of the Closing Date (the "Non-Competition Period"), Seller shall not directly or indirectly (other than on behalf of Buyer), without the prior written consent of Parent or Buyer, Seller shall not directly or indirectly engage in a Competitive Business Activity (as defined below) anywhere in the Restricted Territory (as defined below). For all purposes hereof, the term "

Appears in 1 contract

Samples: Asset Purchase Agreement (Be Inc)

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Covenant Not to Compete or Solicit. (a) Subject to the Closing, and without limiting Seller's ability to prosecute antitrust claims against third parties, beginning on the Closing Date and ending on the second (2nd) anniversary of the Closing Date (the "Non-Competition Period"), Seller shall not directly or indirectly (other than ---------------------- on behalf of Buyer), without the prior written consent of Parent or Buyer, Seller shall not directly or indirectly engage in a Competitive Business Activity (as defined below) anywhere in the Restricted Territory (as defined below). For all purposes hereof, the term "

Appears in 1 contract

Samples: Asset Purchase Agreement (Palm Inc)

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