NO COMPETING SERVICE Sample Clauses
The No Competing Service clause prohibits one party from providing, developing, or participating in services or products that directly compete with those of the other party during the term of the agreement. This restriction typically applies to employees, contractors, or business partners and may specify certain markets, products, or geographic regions where competition is not allowed. Its core function is to protect the business interests and market position of the party imposing the restriction by preventing conflicts of interest and the misuse of confidential information.
POPULAR SAMPLE Copied 1 times
NO COMPETING SERVICE. The Project Sponsor shall not allow any person to provide any services which would compete with the Utility System so as to adversely affect Gross Revenues.
NO COMPETING SERVICE. The Local Government shall not allow any person to provide any services which would compete with the Water or Sewer System so as to adversely affect Gross Revenues.
NO COMPETING SERVICE. Customer agrees that, in order to further protect Narrative1’s Confidential Information and business interests, during the term of this Agreement and for a period of one (1) year after any termination of this Agreement, Customer will not, either directly or through any affiliated entity, offer services to others that compete with the Website Service. Customer acknowledges that Narrative1 would not enter into this Agreement, or share its Confidential Information with Customer, if this provision were not included in this Agreement.
NO COMPETING SERVICE. The Local Borrower shall not allow any person to provide any services which would compete with the Sewer System so as to adversely affect Gross Revenues.
NO COMPETING SERVICE. To the full extent permitted by law, the Borrower shall not provide, grant any franchise to provide or give consent for anyone else to provide, any products or services which would compete with the Airport or which is in any manner reasonably anticipated to have an adverse or competitive effect on the Net Revenues Available for Debt Service pledged towards the repayment of the Local Bond pursuant to the terms hereof, other than a lease or an agreement with a Fixed Base Operator, without the prior written consent of the Authority.
NO COMPETING SERVICE. To the extent permitted by law, the Local Government agrees not to provide, grant any franchise to provide or give consent for anyone else to provide, any services which would compete with the System.