Common use of Restrictions on Conduct of Business Clause in Contracts

Restrictions on Conduct of Business. Neither the Company nor any of its Subsidiaries is a party to or bound by any non-competition agreement or any other agreement, obligation, judgment, injunction, order or decree which purports to, in any material respect (a) limit the manner (including any business practice) or the localities in which all or any portion of the business of the Company or its Subsidiaries are conducted; or (b) restrict any acquisition or disposition of any property by the Company or by any of its Subsidiaries.

Appears in 3 contracts

Samples: Arrangement Agreement (Cleveland-Cliffs Inc.), Arrangement Agreement (Score Media & Gaming Inc.), Arrangement Agreement (Penn National Gaming Inc)

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Restrictions on Conduct of Business. Neither the Company Corporation nor any of its Subsidiaries is a party to or bound by any non-competition agreement or any other agreement, obligation, judgment, injunction, order or decree which purports to, in any material respect (a) limit the manner (including any business practice) or the localities in which all or any portion of the business of the Company Corporation or its Subsidiaries are conducted; or (b) restrict any acquisition or disposition of any property by the Company Corporation or by any of its Subsidiaries.

Appears in 1 contract

Samples: ca.practicallaw.thomsonreuters.com

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