Prohibited Business. Prohibited Business" means any business entity whose activities or products are directly or indirectly competitive with those of the Company and which has contact, or seeks to establish contact (including without limitation by making or soliciting sales or submitting bids), with any business or governmental entity in the United States that is, at any time, a customer of the Company.
Prohibited Business. “Prohibited Business” means any business substantially similar to or competitive with the business conducted by Red Cat or its affiliates as of the day of this Agreement excluding the businesses of the Target Companies to be acquired in connection with the Acquisition, including, but not limited to the designing, manufacturing, marketing, importing, build or sell any Group 1 or Group 2 UAV drone (as defined below) to customers which are a Governmental Authority (as defined below) and/or any third-party intermediary to customers which are a Governmental Authority, and all ancillary activities and associated transactions, without the prior written consent of Red Cat. As used in this Agreement, a “Group 1 UAV” drone is defined as a small, lightweight unmanned system (such as the Teal 2 and RQ-11 Raven drones) weighing up to 20 pounds that are designed for operation at lower altitudes (capable of reaching up to 1,200 feet above ground level at speeds of less than 100 knots. As used in this Agreement, a “Group 2 UAV” drone is defined as drones that weigh between 21 and 55 pounds (such as the RQ-7 Shadow) and are designed for medium range missions, capable of reaching altitudes up to 3,500 feet above ground level and fly at speed less than 250 knots. As used in this Agreement, “Governmental Authority” means a national, state, municipal, local, or foreign government, any instrumentality, subdivision, court, administrative agency or commission, or other governmental authority, or any quasi-governmental or private body exercising any regulatory or other governmental or quasi-governmental authority.
Prohibited Business. In addition to the Prohibited Uses, the following categories of businesses, business practices, and items for sale are prohibited from the Services. Most Prohibited Business categories are imposed by the requirements of UAE regulators. This list is non-exhaustive and we reserve the right to modify it at any time. It is within our sole discretion to determine whether an activity falls into a Prohibited Business category. If you are uncertain as to whether or not your use of the Services involves a Prohibited Business, or have questions about how these requirements apply to you, please contact us at xxxxxxxx.xx/#xxxxxxx. ❖ Drugs and drug paraphernalia (e.g., narcotics, controlled substances, and any equipment designed for making or using drugs); ❖ Marijuana/cannabis dispensaries and related products and businesses; ❖ Weapons, munitions, gunpowder and other explosives (including fireworks); ❖ Toxic, flammable, and radioactive materials; ❖ Pseudo-pharmaceuticals; ❖ Substances designed to mimic illegal drugs; ❖ Sexually explicit content; ❖ Sexually-related services; ❖ Pyramid and investment schemes, multi-level marketing schemes, and other unfair, predatory or deceptive practices; ❖ Items used for speculation or hedging purposes (such as derivatives); ❖ Credit and collection services; ❖ Items that infringe or violate any intellectual property rights such as copyrights, trademarks, trade secrets, or patents, including counterfeit or unauthorized goods; ❖ Products and services with varying legal status; ❖ Transactions that disclose the personal information of third parties in violation of applicable law; and ❖ Transactions related to cloud-mining.
Prohibited Business. In addition to the Prohibited Uses described above, the following categories of businesses, business practices, and sale items are barred from the Services (“Prohibited Businesses”). Most Prohibited Businesses categories are imposed by law as well as card networks, the requirements of Voyager’s banking providers or processors. The specific types of use listed below are representative, but not exhaustive. If Customer is uncertain as to whether or not Customer’s use of the Services involves a Prohibited Business, or if Customer has any questions about how these requirements apply, please contact Voyager xxxxxxx@xxxxxxxxxxxxx.xxx. By opening an Account, Customer confirms that Customer will not use the Services in connection with any of the following businesses, activities, practices or items:
(1) Intellectual Property or Proprietary Rights Infringement: Sales, distribution, or access to counterfeit music, movies, software, or other licensed materials without the appropriate authorization from the rights holder.
Prohibited Business arrangements between an industry member and a third party may consist of such things as sponsoring radio or television broadcasting, paying for advertising, or providing other services or things of value.
Prohibited Business. During the JV Term, the JV Company shall not (1) maintain operations for the execution of, or execute, sales, trading or underwriting transactions and will not engage in any business that is not Joint Venture Business outside of Italy, except as otherwise contemplated by this Agreement, or (2) provide M&A Advisory on behalf of a Client that has publicly announced (and not withdrawn) its intention to acquire voting securities of Intesa or Crédit Agricole if after the consummation of such acquisition the Client would control Intesa or Crédit Agricole, as applicable, and the board of directors of Intesa or Crédit Agricole, as applicable, shall have publicly announced its opposition to such proposed acquisition (in which case the JV Company shall, to the extent practicable, thereafter terminate the portion of the applicable engagement to the extent relating to such hostile transaction against Intesa or Crédit Agricole, as applicable).
Prohibited Business. None of the Med-Air Parties have directly or indirectly engaged, acquired, or negotiated to acquire an economic or other interest, in any Prohibited Enterprise since March 26, 2007. 5.8. Med-Air Center Portfolio. Schedule 5.8 of the Disclosure Schedules sets forth a complete and correct list (by name and address) of all of the Centers which the Med-Air Parties and their respective Affiliates own, operate, or have an economic interest in (or are negotiating to own, operate, or have an economic interest in), as of the Effective Date. 10 5.9.
Prohibited Business. Section 4.7 Purchased Assets - Section 1.1 Purchased Inventory - Section 1.1(b) Purchase Price - Section 1.3 Remuneration - Section 2.25 Retained Assets - Section 1.8 Retained Liabilities - Section 1.7 Revenue Statement - Section 1.4(b) Revised Allocation Schedule - Section 1.9 Seller Indemnified Party - Section 6.1(g) 401(k) Retirement Plan - Section 4.8 Working Capital at Closing - Section 1.5(e) Financial Statements - Section 2.4(a) Gross Revenues of Existing Customers - Section 1.4(a) Gross Revenues of New Customers - Section 1.4(a) Health Policy - Section 4.8(g) HIPAA - Section 2.26 Seller Losses - Section 6.1(h) Seller's COBRA and HIPAA Obligations - Section 4.8(g) Services - Section 4.8(b) Total Revenue - Section 1.4(a) WARN - Section 4.8(d) Working Capital at Closing - Section 1.5(a) Year-End Financial Statements - Section 2.4(a)
Prohibited Business. Without limiting clauses 4.14 and 4.16 of this agreement, [the Company will not][no Group Company will], whilst NZVIF remains a Shareholder, change its principal business to any NZVIF Ineligible Business unless NZVIF expressly consents to that change. If [the Company][a Group Company] wishes to alter its principal business to a NZVIF Ineligible Business and NZVIF does not consent to that change, the Company will procure the purchase of NZVIF's Shares at a fair price which is not less than the sum which reflects the full cost of those Shares to NZVIF and provides NZVIF with an internal rate of return of 6% per annum on those costs. For the purposes of this clause, "NZVIF Ineligible Business" means any business which principally involves one or more of property development, retailing, mining or hospitality (but without precluding a business which markets a technology or other innovation to any of these industries), or acting as a financial intermediary.] [Drafting note: delete if NZVIF is not an investor] 0.XXXXXXXXXX
5. 1General Management: The management structure of the [Company][Group] will be determined by the Board from time to time.
Prohibited Business. Prohibited Business" means any entity that is engaged in the business of Fashion Retailing and whose activities or products are directly or indirectly competitive with those of Employer. For purposes of this Agreement "Fashion Retailing" shall mean the retail marketing and sales of men's and women's apparel and fashion accessories, including both casual and formal attire.
