Common use of Non-Competes Clause in Contracts

Non-Competes. Neither the Borrower, any other Obligor, nor any of their respective Subsidiaries, nor any of their respective directors, officers or employees, is subject to a non-compete agreement that prohibits or will interfere with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product.

Appears in 5 contracts

Samples: Credit Agreement (BioXcel Therapeutics, Inc.), Credit and Guaranty Agreement (Athenex, Inc.), Credit Agreement (Athenex, Inc.)

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Non-Competes. Neither the Borrower, any other Obligor, nor any of their respective Subsidiaries, nor any of their respective directors, officers or employees, is subject to a non-non- compete agreement that prohibits or will interfere in any material respect with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Verona Pharma PLC), Credit Agreement (Impel Pharmaceuticals Inc)

Non-Competes. Neither the Borrower, any other ObligorLoan Party, nor any of their respective Subsidiaries, nor any of their respective directors, officers or employees, is subject to a non-compete agreement that prohibits or will interfere with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product.

Appears in 2 contracts

Samples: Multi Draw Senior Secured Super Priority Priming Debtor in Possession Credit Agreement and Guaranty (Sientra, Inc.), Multi Draw Senior Secured Super Priority Priming Debtor in Possession Credit Agreement and Guaranty (Sientra, Inc.)

Non-Competes. Neither the Borrower, any other Obligor, nor any of their respective Subsidiaries, nor any of their respective directors, officers or employees, is subject to a non-compete agreement that prohibits or will interfere in any material respect with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc), Credit Agreement and Guaranty and Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)

Non-Competes. Neither the Borrower, any other Obligor, Borrower nor any of their respective Subsidiaries, its Subsidiaries nor any of their respective directors, officers or employees, employees is subject to a non-compete agreement that prohibits or will interfere with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product.

Appears in 2 contracts

Samples: Credit Agreement (ArcherDX, Inc.), Credit Agreement (ArcherDX, Inc.)

Non-Competes. Neither the Borrower, any other Obligor, Borrower nor any of their respective Subsidiaries, its Subsidiaries nor any of their respective directors, officers or employees, employees is subject to a non-compete agreement that prohibits or will interfere with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product, except for non-compete covenants that protect an exclusive license or otherwise as set forth on Schedule 7.25.

Appears in 1 contract

Samples: Credit Agreement (Thimble Point Acquisition Corp.)

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Non-Competes. Neither the Borrower, any other Obligor, Borrower nor any of their respective Subsidiaries, nor any of its Subsidiaries or their respective directors, officers or employees, employees is subject to a an enforceable non-compete competition agreement that materially prohibits or will materially interfere with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Product.

Appears in 1 contract

Samples: Credit Agreement (Neuronetics, Inc.)

Non-Competes. Neither the Borrower, any other Obligor, nor any of their respective Subsidiaries, nor any of their respective directors, officers or employees, is subject to a non-compete agreement that prohibits or will interfere in any material respect with any of the Product Commercialization and Development Activities, including the development, commercialization or marketing of any Productthe Products that constitute Products as of the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Establishment Labs Holdings Inc.)

Non-Competes. Neither the Borrower, any other Obligor, nor any of their respective Subsidiaries, nor nor, to the knowledge of such Obligor or Subsidiary, any of its or their respective directors, officers or employees, is subject to a non-compete agreement that prohibits or will interfere in any material respect with any of the Product Commercialization and Development ActivitiesActivities with respect to any Material Product, including the development, commercialization or marketing of any Material Product.

Appears in 1 contract

Samples: Credit Agreement (Fractyl Health, Inc.)

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