Orange County Fair Sample Clauses

Orange County Fair. In consideration of the full and timely payment of the Purchase Price, including that portion of the Purchase Price to be paid pursuant to the terms of the Note, STATE agrees that after the Close of Escrow, and for so long as a fair, whether called the Orange County Fair or by some other name is operated on the Property, that it shall not authorize or create any other District Agricultural Association, Citrus Fair, or other entity or business which will or is intended to operate a fair or exposition of any kind, nor shall it under any circumstances directly operate any business in the County of Orange that competes with the Orange County Fair or any other business currently operated within the boundaries of the Real Property or contemplated by the Orange County Fair and Event Center Master Plan or the general plan designation for the Property. Should STATE in any way breach this covenant of non-competition or should it authorize the formation of another District Agricultural Association or Citrus Fair in the County of Orange, or other entity or business which will or is intended to operate a fair or exposition of any kind, BUYER shall be entitled to seek an order for specific performance, injunctive relief and/or damages, or any other appropriate remedy in law or in equity for such breach.
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