Common use of Interest in Competitors Clause in Contracts

Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies nor the Stockholders, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies that is engaged in the retail sale of automobiles or light duty trucks.

Appears in 3 contracts

Samples: Stock Purchase Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc)

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Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies nor the Stockholders, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies that is engaged in the retail sale or servicing of automobiles or light duty trucks.

Appears in 2 contracts

Samples: Merger Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc)

Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies Company nor the StockholdersStockholder, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies Company that is engaged in the retail sale of automobiles or light duty trucks.

Appears in 2 contracts

Samples: Stock Purchase Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc)

Interest in Competitors. Except as set forth on Schedule SCHEDULE 2.21, neither the Companies Company nor the Stockholders, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than two percent (2% %) of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Personperson) or otherwise, directly or indirectly, in any Person other than the Companies Company that is engaged in the retail sale of automobiles or light duty trucksin the United States of America.

Appears in 2 contracts

Samples: Merger Agreement (Sunbelt Automotive Group Inc), Merger Agreement (Sunbelt Automotive Group Inc)

Interest in Competitors. Except as set forth on Schedule SCHEDULE 2.21, neither the Companies Company nor the StockholdersStockholder, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies Company that is engaged in the retail sale of automobiles or light duty truckstrucks or automobiles in Georgia.

Appears in 2 contracts

Samples: Stock Purchase Agreement (United Auto Group Inc), Stock Purchase Agreement (United Auto Group Inc)

Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies nor the StockholdersStockholder, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies that is engaged in the retail sale or servicing of automobiles or light duty trucks.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

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Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies nor the Stockholders, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person (other than the Companies Companies) that is engaged in the retail sale of automobiles or light duty trucks.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies nor the StockholdersStockholder, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies that is engaged in the retail sale of automobiles or light duty trucks.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

Interest in Competitors. Except as set forth on Schedule 2.21, neither the Companies Company nor the StockholdersStockholder, nor any of their Affiliates, have any interest, either by way of contract or by way of investment (other than as holder of not more than 2% %. of the outstanding capital stock of a publicly traded Person, so long as such holder has no other connection or relationship with such Person) or otherwise, directly or indirectly, in any Person other than the Companies Company that is engaged in the retail sale of automobiles or light duty trucksautomobiles.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

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