Common use of No Raid Clause in Contracts

No Raid. During the Term of this Agreement and for two (2) years thereafter, without the prior written consent of PP the OEM shall not attempt to solicit or induce any Payment Center to initiate or continue a business relationship with the OEM or any other Person which could reasonably be expected to terminate or reduce the scope of such Payment Center's relationship with IPP; provided, however, that this Section 4.5 shall not prohibit the OEM from maintaining business relationships with persons or entities who have or had a relationship with IPP provided that such business relationships do not otherwise violate the provisions of this Section 4.5.

Appears in 2 contracts

Samples: Oem Agreement (Morgan Beaumont Inc), Oem Agreement (Morgan Beaumont Inc)

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No Raid. During the Term of this Agreement and for two (2) years thereafter, without the prior written consent of the OEM, PP the OEM shall not solicit or induce or attempt to solicit or induce any Payment Center Assigned Retailer to initiate or continue a business relationship with the OEM IPP or any other Person which could reasonably be expected to terminate or reduce the scope of such Payment CenterAssigned Retailer's relationship with IPPthe OEM; provided, however, that this Section 4.5 5.9 shall not prohibit the OEM IPP from maintaining business relationships with persons or entities who have or have had a relationship with IPP provided that such business relationships do not otherwise violate the provisions of this Section 4.55.9.

Appears in 2 contracts

Samples: Oem Agreement (Morgan Beaumont Inc), Oem Agreement (Morgan Beaumont Inc)

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