Prohibited Business Activities Sample Clauses

Prohibited Business Activities. You are prohibited from engaging in, and you represent and warrant to the Bank, that you do not and shall not engage in, any business or activity that: (a) would result in being or becoming a money service business that regularly cashes third party Checks, sells money orders, or handles wire transfers or other financial services for third parties; (b) would result in accepting restricted transactions in connection with another person in unlawful Internet gambling as defined in the Unlawful Internet Gambling Enforcement Act and Federal Reserve Regulation GG (Prohibition on Funding of Unlawful Internet Gambling); (c) would result in the Bank being used as a conduit for money laundering or other illicit purposes, or (d) would directly or indirectly result in any activity or use of the Service that may be illegal or fraudulent.
Sample 1
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Prohibited Business Activities. Users that are primarily engaged in the following activities as a business will be prohibited from using Services:
Sample 1
Prohibited Business Activities. For a period of five (5) years (hereinafter the "Covenant Period"), Promisors shall not engage in any other business duties or pursuits whatsoever, or directly or indirectly render any services of a business, commercial or professional nature to any other person or entity, whether for compensation or otherwise, engaged in any business competing with the Product (i.e., any timed-release glucose bar or other product for the nutritional management of diabetes or hypoglycemia), in the United States, or any other country in the world (hereinafter the "Covenant Area") or participate in or encourage or assist any other person or entity in the development, marketing, sale or distribution of the Product or any other product for the nutritional management of diabetes or hypoglycemia (including but not limited to timed-release glucose bars) in the Covenant Area, whether as a director, officer, employee, consultant, adviser, independent contractor or otherwise.
Sample 1
Prohibited Business Activities. 11 IT IS HEREBY ORDERED that Defendants and Defendants’ officers, 12 agents, employees, and attorneys, and all other persons in active concert or 13 participation with any of them, who receive actual notice of this Order, whether 14 acting directly or indirectly, in connection with the sale of any good or service, are 15 temporarily restrained and enjoined from: 16 A. Failing to disclose or disclose clearly and conspicuously, or assisting 17 others in failing to disclose clearly and conspicuously, all material terms and 18 conditions of their offer, including: 19 1. That Defendants will use consumers’ credit card or financial 20 account information to charge consumers the full costs of a product upon 1 the expiration of a limited trial period; 2 2. The dates that any trial period begins and ends; 3 3. That Defendants will enroll consumers into a negative option 4 continuity plan with additional charges; 5 4. The cost of any continuity plan and the frequency and duration 6 of recurring charges; 7 5. The means consumers must use to cancel the negative option 8 program and to avoid additional charges; and 9 6. Requirements of their refund policies. 10 B. Misrepresenting, or assisting others in misrepresenting, directly or 11 indirectly, expressly or by implication, any material fact, including that: 12 1. Consumers can obtain an advertised product for “free,” 13 “risk-free,” or for only a nominal shipping and handling fee; and 14 2. Defendants are accredited by and have a rating of “A-” with 15 the Better Business Bureau; and 16 C. Charging, causing to be charged, or assisting others in charging any 17 consumer’s credit card, or debiting, causing to be debited, or assisting others in 18 debiting any consumer’s financial account, without the consumer’s express 19 informed consent for each charge or debit.
Sample 1
Prohibited Business Activities. Xxxxxxxx confirms that it is NOT involved in any of the following business activities: 1) Investigative companies including private investigators and detective agencies except those licensed for - and exclusively practicing, investigative work for employment purposes. 2) Bail bond companies. 3) Any company or individual listed in the EVS/ACHD Customer Alert Notifications.
Sample 1
Prohibited Business Activities. 7.6.1 The Merchant may not use the Acquiring Service in connection with any of the following businesses or activities: 7.6.1.1 the sale of any goods or ser vices that violates any Applicable Law; 7.6.1.2 pornography in all media types such as Internet, phone and printed materials, including any depiction of forcible sex or bestiality; 7.6.1.3 the sale of illegal pharmaceuticals, illegal drugs and/or drug paraphernalia; 7.6.1.4 the sale or marketing of any counterfeit goods; 7.6.1.5 illegal gambling, lotteries (including sale of lottery tickets), games of chance (including sweepstakes and raffles), sports forecasting or odds-making; 7.6.1.6 any activity violating Applicable Law or industry regulations regarding the sale of tobacco products. 7.6.2 Capitec may modify the above list of prohibited businesses and activities at any time. Capitec will immediately terminate the Merchant’s use of the Acquiring Services if the Merchant engages in any of the above businesses or activities or any other illegal or inappropriate activity in connection with the Merchant’s use of the Acquiring Services, as determined by Capitec in its sole discretion, and reserves the right to take any other corrective action Capitec deems appropriate.
Sample 1
Prohibited Business Activities. Borrower is not (a) engaged principally or as one of its important activities in the business of extending credit for the purpose, immediately, incidentally, or ultimately, of purchasing or carrying "margin stock" (within the meaning of Regulation U); (b) an "investment company" registered or required to be registered under the Investment Company Act of 1940, as amended from time to time, or a company under the "control" of an "investment company", as those terms are defined in such Act, and shall not become such an "investment company" or under such "control"; or (c) a "holding company," or a "subsidiary company" of a "holding company," or an "affiliate" of a "holding company" or an "affiliate" of a "subsidiary company" of a "holding company" within the meaning of the Public Utility Holding Company Act of 1935, as amended from time to time.
Sample 1
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Prohibited Business Activities. Borrower is not (i) engaged principally or as one of its important activities in the business of extending credit for the purpose, immediately, incidentally or ultimately, of purchasing or carrying “margin stock “ (within the meaning of Regulation U); (ii) an “investment company” registered or required to be registered under the Investment Company Act of 1940, as amended from time to time, or a company under the “control” of an “investment company”, as those terms are defined in such Act, and shall not become such an “investment company” or under such “control”; or (iii) a “holding company,” or a “subsidiary company” of a “holding company,” or an “affiliate” of a “holding company” or an “affiliate” of a “subsidiary company” of a “holding company” within the meaning of the Public Utility Holding Company Act of 1935, as amended from time to time.
Sample 1

Related to Prohibited Business Activities

  • Business Activities The Company will not, and will not permit any of its Restricted Subsidiaries to, engage in any business other than Permitted Businesses, except to such extent as would not be material to the Company and its Restricted Subsidiaries taken as a whole.

  • No Business Activities Merger Sub has not conducted any activities other than in connection with the organization of Merger Sub, the negotiation and execution of this Agreement and the consummation of the transactions contemplated hereby. Merger Sub has no Subsidiaries.

  • Restricted Business For all purposes under this Agreement, “Restricted Business” shall mean the design, development, marketing or sales of software, or any other process, system, product, or service marketed, sold or under development by the Company at the time Executive’s Employment with the Company ends.

  • Business Activity As long as this Note shall remain outstanding, Maker shall make no change in its business activity that would make it or any of its business activities non-compliant with SBA regulations and guidelines.

  • Outside Businesses Subject to the provisions of Section 6.3, any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee may engage in or possess an interest in other business ventures of any nature or description, independently or with others, similar or dissimilar to the activities of the Trust, and the Trust and the Holders of Securities shall have no rights by virtue of this Trust Agreement in and to such independent ventures or the income or profits derived therefrom, and the pursuit of any such venture, even if competitive with the activities of the Trust, shall not be deemed wrongful or improper. No Covered Person, the Sponsor, the Delaware Trustee or the Property Trustee shall be obligated to present any particular investment or other opportunity to the Trust even if such opportunity is of a character that, if presented to the Trust, could be taken by the Trust, and any Covered Person, the Sponsor, the Delaware Trustee and the Property Trustee shall have the right to take for its own account (individually or as a partner or fiduciary) or to recommend to others any such particular investment or other opportunity. Any Covered Person, the Delaware Trustee and the Property Trustee may engage or be interested in any financial or other transaction with the Sponsor or any Affiliate of the Sponsor, or may act as depositary for, trustee or agent for, or act on any committee or body of holders of, securities or other obligations of the Sponsor or its Affiliates.

  • Other Business Activities During the Term, Employee will not, without the prior written consent of the Company, directly or indirectly engage in any other business activities or pursuits whatsoever, except activities in connection with any charitable or civic activities, personal investments and serving as an executor, trustee or in other similar fiduciary capacity; provided, however, that such activities do not interfere with his performance of his responsibilities and obligations pursuant to this Agreement.

  • Prohibited Activities You may not access or use the Site for any purpose other than that for which we make the Site available. The Site may not be used in connection with any commercial endeavors except those that are specifically endorsed or approved by us. As a user of the Site, you agree not to:

  • Competing Activities Notwithstanding any duty otherwise existing at law or in equity, (i) neither a Member nor a Manager of the Company, or any of their respective affiliates, partners, members, shareholders, directors, managers, officers or employees, shall be expressly or impliedly restricted or prohibited solely by virtue of this Agreement or the relationships created hereby from engaging in other activities or business ventures of any kind or character whatsoever and (ii) except as otherwise agreed in writing or by written Company policy, each Member and Manager of the Company, and their respective affiliates, partners, members, shareholders, directors, managers, officers and employees, shall have the right to conduct, or to possess a direct or indirect ownership interest in, activities and business ventures of every type and description, including activities and business ventures in direct competition with the Company.

  • Competitive Activities During the term of this Agreement, Consultant will not, directly or indirectly, in any individual or representative capacity, engage or participate in or provide services to any business that is competitive with the types and kinds of business being conducted by Company.

  • Regulated Activities The Company shall not itself, nor shall it cause, permit or allow the Bank or any other of its Subsidiaries to (i) engage in any business or activity not permitted by all applicable laws and regulations, except where such business or activity would not reasonably be expected to have a Material Adverse Effect on the Company, the Bank and/or such of its Subsidiaries or (ii) make any loan or advance secured by the capital stock of another bank or depository institution, or acquire the capital stock, assets or obligations of or any interest in another bank or depository institution, in each case other than in accordance with applicable laws and regulations and safe and sound banking practices.

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