Common use of Non-Solicitation; Non-Disparagement Clause in Contracts

Non-Solicitation; Non-Disparagement. During the period commencing on the Closing Date and ending on the third (3rd) anniversary of the Closing Date (the “Non-Solicitation Period”), (a) the Seller and Equity Holders shall not, directly or indirectly, either individually or acting in concert with another Person or Persons, request, induce or attempt to influence any distributor, supplier or customer of goods or services of the Business to curtail, cancel or refrain from maintaining or increasing the amount or type of business such distributor, supplier or customer of goods or services is currently transacting, or may be transacting during the Non-Solicitation Period, with the Business or modify its pricing or other terms of sale with the Business; or (b) make any negative, derogatory or disparaging statements or communications regarding the Buyer, the Business, or the Affiliates or representatives of the Buyer.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Patriot National, Inc.), Asset Purchase Agreement (Patriot National, Inc.)

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Non-Solicitation; Non-Disparagement. During the period commencing on the Closing Date and ending on the third (3rd) anniversary of the Closing Date (the “Non-Solicitation Period”), (a) the Seller and Equity Holders shall not, directly or indirectly, either individually or acting in concert with another Person or Persons, (a) request, induce or attempt to influence any distributor, supplier or customer of goods or services of the Business to curtail, cancel or refrain from maintaining or increasing the amount or type of business such distributor, supplier or customer of goods or services is currently transacting, or may be transacting during the Non-Solicitation Period, with the Business or modify its pricing or other terms of sale with the Business; or (b) make any negative, derogatory or disparaging statements or communications regarding the Buyer, the Business, or the Affiliates or representatives of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Patriot National, Inc.)

Non-Solicitation; Non-Disparagement. During the period commencing on the Closing Date and ending on the third fifth (3rd5th) anniversary of the Closing Date (the “Non-Solicitation Period”), (a) neither the Equity Holders nor the Seller and Equity Holders shall notshall, directly or indirectly, either individually or acting in concert with another Person or Persons, (a) request, induce or attempt to influence any distributor, supplier or customer of goods or services of the Business to curtail, cancel or refrain from maintaining or increasing the amount or type of business such distributor, supplier or customer of goods or services is currently transacting, or may be transacting during the Non-Solicitation Period, with the Business or modify its pricing or other terms of sale with the Business; or (b) make any negative, derogatory or disparaging statements or communications regarding the Buyer, the Business, or the Affiliates or representatives of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Patriot National, Inc.)

Non-Solicitation; Non-Disparagement. During the period commencing on the Closing Date and ending on the third fifth (3rd5th) anniversary of the Closing Date (the “Non-Solicitation Period”), (a) neither the Equity Holder nor the Seller and Equity Holders shall notshall, directly or indirectly, either individually or acting in concert with another Person or Persons, (a) request, induce or attempt to influence any distributor, supplier or customer of goods or services of the Business to curtail, cancel or refrain from maintaining or increasing the amount or type of business such distributor, supplier or customer of goods or services is currently transacting, or may be transacting during the Non-Solicitation Period, with the Business or modify its pricing or other terms of sale with the Business; or (b) make any negative, derogatory or disparaging statements or communications regarding the Buyer, the Business, or the Affiliates or representatives of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Patriot National, Inc.)

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Non-Solicitation; Non-Disparagement. During the period commencing on the Closing Effective Date and ending on the third fifth (3rd5th) anniversary of the Closing Effective Date (the “Non-Solicitation Period”), (a) neither the Equity Holders nor the Seller and Equity Holders shall notshall, directly or indirectly, either individually or acting in concert with another Person or Persons, request, induce or attempt to influence any distributor, supplier or customer of goods or services of the Business to curtail, cancel or refrain from maintaining or increasing the amount or type of business such distributor, supplier or customer of goods or services is currently transacting, or may be transacting during the Non-Solicitation Period, with the Business or modify its pricing or other terms of sale with the Business; or and (b) no Party shall make any negative, derogatory or disparaging statements or communications regarding the Buyer, the Business, or the Affiliates or representatives of the Buyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Patriot National, Inc.)

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