No Restrictions on Business Activities. There is no agreement or contract (non-compete or otherwise), commitment, judgment, injunction, order or decree to which Venaxis is a party or otherwise binding upon Venaxis which has or reasonably could be expected to have the effect of prohibiting or impairing the conduct of the business of Venaxis.
No Restrictions on Business Activities. There is no agreement (noncompete or otherwise), commitment, judgment, injunction, order, or decree to which Buyer is a party or otherwise binding on Buyer or its property which has or reasonably could be expected to have the effect of prohibiting or impairing any business practice of Buyer, any acquisition of property (tangible or intangible) by Buyer, or the conduct of the SOR Wheel Business.
No Restrictions on Business Activities. (a) The Company agrees not to require any Investor to (i) limit or restrict any of its business activities (including, without limitation, business activities of such Investor in the same line of business as the Company or investments by such Investor in any entity engaged in the same line of business of the Company), (ii) send any business opportunities to the Company or (iii) violate any duty or client confidence. Notwithstanding anything to the contrary in this Agreement or in any of the Transaction Documents, the Company agrees that any of the Investors may disclose any confidential information of the Company that such Investor receives if such disclosure is requested or required by law, regulation or any regulatory or governmental authority, provided that such disclosing Investor gives the Company, to the extent reasonably practicable and legally permitted, prior written notice of such requirement and an opportunity to seek a protective order with respect thereto.
(b) Notwithstanding anything to the contrary in this Agreement or in any of the Transaction Documents, none of the provisions herein or therein shall in any way limit any Investor from engaging in any brokerage, investment advisory, financial advisory, anti-raid advisory, principaling, merger advisory, financing, asset management, trading, market making, arbitrage, investment activity or other similar activities conducted in the ordinary course of its business. The Company acknowledges that the restrictions contained in Section 2.10 of this Agreement shall not apply to any shares of Common Stock (or any securities convertible into or exercisable or exchangeable for Common Stock) acquired by the Investors following the effective date of the first registration statement of the Company covering Common Stock or other securities to be sold on behalf of the Company in an underwritten public offering.
No Restrictions on Business Activities. Except as otherwise disclosed in any Schedule attached hereto, there is no agreement (non-competition or otherwise), commitment, judgment, injunction, order or decree to which the Company is a party or otherwise binding upon the Company which has had or could be reasonably expected to have the effect of prohibiting or impairing any business practice of the Company, any acquisition of property (tangible or intangible) by the Company or the conduct of business by the Company, or otherwise limiting the freedom of the Company to engage in any line of business or to compete with any person. Other than those listed in any Schedule hereto, the Company has not (a) entered into any agreement under which the Company is restricted from selling, licensing, manufacturing or otherwise distributing its technology or products or from providing services to customers, potential customers or any class of customers, in any geographic area, during any period of time or in any segment of the market or (b) granted any person exclusive rights to sell, license, manufacture or otherwise distribute any of its technology or products in any geographic area or with respect to any customers or potential customers or any class of customers during any period of time or in any segment of the market. 32
No Restrictions on Business Activities. There is no contract or Governmental Order binding upon the Purchased Assets or, to the Knowledge of the Sellers, threatened that has or could reasonably be expected to have the effect of prohibiting or materially impairing the use of the Purchased Assets by BVI Sub or the acquisition of the Purchased Stock by the Buyers.
No Restrictions on Business Activities. There is no agreement or contract (non-compete or otherwise), commitment, judgment, injunction, order or decree to which Strand is a party or otherwise binding upon Strand which has or reasonably could be expected to have the effect of prohibiting or impairing the conduct of the business of Strand.
No Restrictions on Business Activities. There is no agreement (non-compete or otherwise), judgment, injunction, order or decree to which the Company is a party or is otherwise binding on the Company, the Plant, or the Real Property that has had or could reasonably be expected to have a Material Adverse Effect on the Company, the Plant, or the Real Property.
No Restrictions on Business Activities. The Major Shareholders consent to the provisions of the Stock Purchase Agreement which provide that:
a) Subject to the restrictions contained in the Stock Purchase Agreement and to the fullest extent permitted by law, neither ECT, JEDI II nor any of their Affiliates (as defined in the Stock Purchase Agreement) shall be expressly or implicitly restricted or proscribed pursuant to the Stock Purchase Agreement (attached hereto as Exhibit B), the relationship that exists between ECT, JEDI II and the Company or otherwise, from engaging in any type of business activity or owning an interest in any type of business entity, regardless of whether such business activity is (or such business entity engages in businesses that are) in direct or indirect competition with the businesses or activities of the Company or any of its Affiliates. Without limiting the foregoing, subject to the restrictions contained in the Stock Purchase Agreement and to the fullest extent permitted by law, (i) neither the Company nor its Affiliates nor any other Person shall have any rights, by virtue of the Basic Documents (as defined in the Stock Purchase Agreement), the relationship that exists between ECT, JEDI II and the Company or otherwise, in any business venture or business opportunity of ECT, JEDI II or any of their Affiliates, and neither ECT, JEDI II nor their Affiliates shall have any obligation to offer any interest in any such business venture or business opportunity to the Company, any Affiliate of the Company or any other Person, or otherwise account to any of such Persons in respect of any such business ventures, (ii) the activities of ECT, JEDI II or any of their Affiliates that are in direct or indirect competition with the activities of the Company or any of its Affiliates are hereby approved by the Majority Shareholders, and (iii) by virtue of the Basic Document (as defined in the Stock Purchase Agreement), it shall not be deemed a breach of any fiduciary or other duties, if any and whether express or implied, that may be owed by ECT, JEDI II or their Affiliates to the Company or its Affiliates for ECT or JEDI II to permit themselves or one
No Restrictions on Business Activities. There is no agreement (non-compete or otherwise), commitment, judgment, injunction, order or decree to which Seller or Coffee People is a party or otherwise binding on Seller, Coffee People or the Acquisition Assets that has or reasonably could be expected to have the effect of prohibiting or impairing the Buyer’s ability to own and operate the Acquisition Assets in a similar manner as presently conducted by Seller and Coffee People.
No Restrictions on Business Activities. There is no agreement binding upon, or, judgment, injunction, order or decree entered against, Omaha under which Omaha is prohibited from conducting or engaging in any line of business.
