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Common use of Necessary and Reasonable Clause in Contracts

Necessary and Reasonable. The Seller agrees that the covenants provided for in Section 6.6 hereof are necessary and reasonable in order to protect the Buyer in the conduct of its business, to protect the trade secrets and other proprietary information of the Buyer and to protect the Buyer in the utilization of the assets, tangible and intangible, including the goodwill of the Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Mobilepro Corp), Asset Purchase Agreement (Mobilepro Corp)

Necessary and Reasonable. The Seller agrees that the covenants provided for in this Section 6.6 hereof are necessary and reasonable in order to protect the Buyer in the conduct of its business, to protect the trade secrets and other proprietary information of the Buyer and to protect the Buyer in the utilization of the assets, tangible and intangible, including the goodwill of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ckrush, Inc.)

Necessary and Reasonable. The Seller agrees that the covenants provided for in Section 6.6 4.3 hereof are necessary and reasonable in order to protect the Buyer Company and the Surviving Company in the conduct of its business, to protect the trade secrets and other proprietary information of the Buyer Company and the Surviving Company and to protect the Buyer Company and the Surviving Company in the utilization of the assets, tangible and intangible, including the goodwill of the BuyerCompany and the Surviving Company.

Appears in 1 contract

Samples: Merger Agreement (Ariel Way Inc)

Necessary and Reasonable. The Seller agrees that the covenants provided for in Section 6.6 hereof are necessary and reasonable in order to protect the Buyer in the conduct of its business, to protect the trade secrets and other proprietary information of the Buyer and to protect the Buyer in the utilization of the assets, tangible and intangible, including the goodwill of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Mobilepro Corp)

Necessary and Reasonable. The Seller agrees that the -------------------------- covenants provided for in Section 6.6 hereof are necessary and reasonable in order to protect the Buyer in the conduct of its business, to protect the trade secrets and other proprietary information of the Buyer and to protect the Buyer in the utilization of the assets, tangible and intangible, including the goodwill of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Crescent Communications Inc)