Common use of Hilton Competitors Clause in Contracts

Hilton Competitors. Without Licensor’s prior written consent, Licensee may not: (a) merge with or acquire direct or indirect Control of a (x) Hilton Competitor or (y) Vacation Ownership Business (in either an equity or asset acquisition) which has entered into an agreement for Operating activities with a Hilton Competitor; (b) acquire direct or indirect Control of a Vacation Ownership Business together with a Lodging Business (in either an equity or asset acquisition); or (c) be directly or indirectly acquired by, merged into or combined with any Person other than an Affiliate (in either an equity or asset transaction). Any purported transaction in violation of this Section 9.2 shall be deemed null and void at the outset and of no force or effect.