Common use of Reasonable Limit Clause in Contracts

Reasonable Limit. The parties hereto have attempted to set forth certain restrictions only to the extent necessary to protect the interests of the Company. Each of Xxxxxxx and the TPG Group expressly acknowledges that the restrictive covenant contained in subsection 2(a) above along with the exceptions thereto contained in subsections 2(b) and 2(c) above, constitutes a reasonable restriction. If, however, the scope or enforceability of the restrictive covenant contained in this Agreement is disputed at any time, a court or other trier of fact may modify and enforce the covenant to the extent that it believes is reasonable under the circumstances existing at the time.

Appears in 2 contracts

Samples: Formation Agreement (Brookdale Living Communities Inc), Non Compete Agreement (Brookdale Living Communities Inc)

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Reasonable Limit. The parties hereto have attempted to set forth certain restrictions only to the extent necessary to protect the interests of the Company. Each of Xxxxxxx and the TPG Group expressly acknowledges that the restrictive covenant contained in subsection SUBSECTION 2(a) above along with the exceptions thereto contained in subsections SUBSECTIONS 2(b) and AND 2(c) above, constitutes a reasonable restriction. If, however, the scope or of enforceability of the restrictive covenant contained in this Agreement is disputed at any time, a court or other trier of fact may modify and enforce the covenant to the extent that it believes is reasonable under the circumstances existing at the time.

Appears in 1 contract

Samples: Non Competition and Restriction Agreement (Prime Group Realty Trust)

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Reasonable Limit. The parties hereto have attempted to set forth certain restrictions only to the extent necessary to protect the interests of the Company. Each of Xxxxxxx and the TPG Group expressly acknowledges that the restrictive covenant contained in subsection 2(a) above along with the exceptions thereto contained in subsections 2(b) and 2(c) above, constitutes a reasonable restriction. If, however, the scope or of enforceability of the restrictive covenant contained in this Agreement is disputed at any time, a court or other trier of fact may modify and enforce the covenant to the extent that it believes is reasonable under the circumstances existing at the time.

Appears in 1 contract

Samples: Non Competition Agreement (Prime Group Realty Trust)

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