Lost Business Clause Samples

Lost Business. Provide a list of all contracts in which your firm was terminated for cause by a governmental agency.
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Lost Business. Provide a list of all contracts in which your firm was terminated for cause by a governmental agency. PROCUREMENT AND CONTRACTS DIVISION CITY HALL • ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ • ▇.▇. ▇▇▇ ▇▇▇▇ • ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇
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Lost Business. Upon leave, the AIEP Instructor may not open a place of business that provides the same services, similar service, or become employed by a business that provides the same services or similar service within a 100 mile radius. If the AIEP Instructor breaks this agreement, the AIEP Instructor agrees to pay in full the amount of “lost business.” (“Lost business” is defined as the number of students receiving service from the AIEP Instructor multiplied by the price of a similar service as defined by OSI AIEP; if OSI AIEP has closed the price will be the last price charged before termination). This will be in effect indefinite after this agreement.
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Lost Business. Upon leave, the Performing Arts Instructor may not open a place of business that provides the same services, similar service, or become employed by a business that provides the same services or similar service within a 100 mile radius. If the Performing Arts Instructor breaks this agreement, the Performing Arts Instructor agrees to pay in full the amount of “lost business.” (“Lost business” is defined as the number of students receiving service from the Performing Arts Instructor multiplied by the price of a similar service as defined by OSI Performing Arts Program ; if OSI Performing Arts Program has closed the price will be the last price charged before termination). This will be in effect indefinite after this agreement.
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Lost Business. Upon leave, the Dance Instructor may not open a place of business that provides the same services, similar service, or become employed by a business that provides the same services or similar service within a [INSERT NUMBER] mile radius. If the Dance Instructor breaks this agreement, the Dance Instructor agrees to pay in full the amount of “lost business.” (“Lost business” is defined as the number of students receiving service from the Dance Instructor multiplied by the price of a similar service as defined by [INSERT STUDIO NAME HERE]; if [INSERT STUDIO NAME HERE] has closed the price will be the last price charged before termination). This will be in effect for [ENTER NUMBER OF YEARS] after this agreement.
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Related to Lost Business

  • The Business The parties acknowledge that the Company is engaged in the development, marketing and sale of certain proprietary technologies, processes and related products in the areas of chemical detection, technical processes, and technical/business services, and that the Company may also from time to time become or may intend to become engaged in other business endeavors (individually and collectively, the "BUSINESS"). The Company shall be deemed to intend to become engaged in a business endeavor if it has devoted or expended any significant resources, either financial or human resources, towards the proposed endeavor, either in planning or implementing the undertaking of such planned endeavor.

  • Business Interruption Lessee shall obtain and maintain loss of income and extra expense insurance in amounts as will reimburse Lessee for direct or indirect loss of earnings attributable to all perils commonly insured against by prudent lessees in the business of Lessee or attributable to prevention of access to the Premises as a result of such perils.

  • Business Interruption Plan ALPS shall maintain in effect a business interruption plan, and enter into any agreements necessary with appropriate parties making reasonable provisions for emergency use of electronic data processing equipment customary in the industry. In the event of equipment failures, ALPS shall, at no additional expense to the Fund, take commercially reasonable steps to minimize service interruptions.

  • Business Auto Liability Coverage shall be provided for all owned hired, and non-owned vehicles. Required Limit: $1,000,000 combined single limit each accident.

  • Legitimate Business Interests The Executive recognizes that the Company has legitimate business interests to protect and as a consequence, the Executive agrees to the restrictions contained in this Agreement because they further the Company’s legitimate business interests. These legitimate business interests include, but are not limited to (i) trade secrets; (ii) valuable confidential business, technical, and/or professional information that otherwise may not qualify as trade secrets, including, but not limited to, all Confidential Information; (iii) substantial, significant, or key relationships with specific prospective or existing Customers, vendors or suppliers; (iv) Customer goodwill associated with the Company’s business; and (v) specialized training relating to the Company’s technology, Services, methods, operations and procedures. Notwithstanding the foregoing, nothing in this Section 9(b) shall be construed to impose restrictions greater than those imposed by other provisions of this Agreement.