Common use of Extension of Restrictive Periods Clause in Contracts

Extension of Restrictive Periods. If the Association violates the protective covenants hereunder and the Corporation brings legal action for injunctive or other relief hereunder, the Corporation shall not, as a result of the time involved in obtaining the relief, be deprived of the benefit of the full restrictive periods of the protective covenants contained in this Article VII. Accordingly, such restrictive periods for the purposes of this Article VII shall be deemed to have a duration of the respective time periods stated in this Article VII, computed from the date relief is granted, but reduced by the time between the period when the restriction began to run and the date of the first violation of the covenant by the Association.

Appears in 2 contracts

Samples: Management and Consulting Agreement (Concentra Group Holdings Parent, Inc.), Management and Consulting Agreement (Concentra Operating Corp)

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Extension of Restrictive Periods. If the Association ----------- -------------------------------- violates the protective covenants hereunder and the Corporation Company brings legal action for injunctive or other relief hereunder, the Corporation Company shall not, as a result of the time involved in obtaining the relief, be deprived of the benefit of the full restrictive periods of the protective covenants contained in this Article VII. Accordingly, such restrictive periods for the purposes of this Article VII shall be deemed to have a duration of the respective time periods stated in this Article VII, computed from the date relief is granted, but reduced by the time between the period when the restriction began to run and the date of the first violation of the covenant by the Association.

Appears in 2 contracts

Samples: Management and Consulting Agreement (Occusystems Inc), Management and Consulting Agreement (Occusystems Inc)

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