Direct Competitors. Notwithstanding clause 3.20, not to assign or underlet the whole of the Premises unless:
Direct Competitors. So long as Tenant (together with any Permitted Transferees) is leasing at least sixty percent (60%) of the Rentable Area of the Building and occupying at least ten percent (10%) of such Rentable Area, no Default exists under the terms of the Lease, and Tenant’s current financial statements confirm that Tenant’s creditworthiness is as good or better than Tenant’s creditworthiness as of the Lease Date, Landlord will not enter into any lease or other occupancy or use agreement with a Direct Competitor (as hereinafter defined) for space in any building in the Park owned by Landlord. For purposes of the foregoing, as of the Lease Date, Tenant’s “Direct Competitors” are Exact Sciences, Guardant Health, Freenome, Foundation Medicine (an affiliate of Roche) and Thrive Early Detection Corp. (an affiliate of Xxxxx Xxxxxxx). So long as no Default exists under the terms of the Lease, Tenant shall have the right by delivering written notice to Landlord (a “Substitution Notice”) to substitute or add new entities to the foregoing list of Direct Competitors (substitutions or additions shall only be effective on a prospective basis); provided such substituted or additional entity has as its primary business the conduct of liquid biopsy cancer screening (and, if such screening is done by a subsidiary or discrete business division of a company, the identified Direct Competitor shall be limited to the subsidiary or business division performing such screening). Tenant shall only have the right to deliver a Substitution Notice starting on the second (2nd) anniversary of the Commencement Date (A) one (1) time during any twenty-four (24) month period during the remainder of the Lease Term so long as Tenant remains a privately held company (i.e., no IPO has occurred), or (B) one (1) time during any twelve (12) month period if Tenant engages in an IPO and Tenant’s stock is publicly traded (in which case the updated list of Direct Competitors shall limited to the entities listed as Tenant’s competitors in Tenant’s 10-K filing that meet the criteria of Direct Competitor); provided, however, that (x) there shall at no point in time be more than five (5) entities listed so long as Tenant remains a privately held company, and (y) except as otherwise provided below, Tenant may not add to such list any entity which is then a tenant of the Park or with whom Landlord is then actively negotiating to lease space in the Park.
Direct Competitors. Total Number of Rooms: ___________ Number of Rooms by Type: Suites: _____ Deluxe: _______ _________: __ ----------- : ---------- ------------: ---------------- --------- -------------------------------------------------------------------------------- <PAGE> General Statistics & Market Demographics CURRENCY:_____ -------------------------------------------------------------------------------- Yearly Average Occupancy in 2000:_______ Average Daily Room Rate in 2000:_ Yearly Average Occupancy in 2001:_______ Average Daily Room Rate in 2001:_ Yearly Average Occupancy in 2002:_______ Average Daily Room Rate in 2002:_ Projected Yearly Occupancy 2003: _______ Projected Daily Room Rate 2003: -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Average Length of Stay : ___________ days -------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Market Demographics Business: ____% Individuals: ____% Domestic: _____% Leisure: ____% Groups: ____% European: _____% ---- Airline Crews: ____% USA: _____% 100% ------- Others: _____% 100% ----- 100% -------------------------------------------------------------------------------- -------------------------------------------------------------------------------- Labor Cost for a minibar attendant, including all benefits: _______ per Hour ____________ Average monthly Any Union or Collective agreements ? ___________________________________________ Constraints & Restrictions relating to minibar attendants? ____________________ -------------------------------------------------------------------------------- Does Hotel offer complimentary Mineral Water?: ________ if Yes: To all Guests ________? To a specific Room type & Type of Guest (members) ______ Every day or on check-in only? ____________ Chain Policy or Hotel's own Policy? -------------------------------------------------------------------------------- <PAGE> -------------------------------------------------------------------------------- Does Hotel offer complimentary Food & Beverage amenities other than Mineral Water? -------------------------------------------------------------------------------- Does Hotel offer complimentary Coffee Service in the rooms? _____ all rooms? ___ -------------------------------------------------------------------------------- Does Hotel h...
Direct Competitors. Neither party will collaborate or work with the following direct competitor(s) during the term: * .
Direct Competitors. If at any time during the term of this Letter Agreement the Company reasonably establishes that a [***], then the Company [***]. The Foundation [***]. The Company agrees [***].
Direct Competitors. 4.4.1 - During the Term, the Contractor shall not enter into any agreement with a Direct Competitor under which agreement the Contractor agrees to supply to that Direct Competitor satellite QKD services identical or substantially similar to the Deliverable Items and/or the Services provided under this Contract.
Direct Competitors. Total Number of Rooms: ___________
