Common use of Restrictive practices Clause in Contracts

Restrictive practices. The Companies are not and have not been a party to any agreement, arrangement, understanding or practice restricting the freedom of any of the Companies to carry on the whole or any part of their business in any place in such manner as they think fit or to provide or take goods and/or services by such means and from and to such persons and into or from such places as they may from time to time think fit and/or to compete in any area or in any field or with any person.

Appears in 3 contracts

Samples: Business Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Tankers Ltd.)

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Restrictive practices. The Companies are Company is not and have has not been a party to any agreement, arrangement, understanding or practice restricting the freedom of any of the Companies Company to carry on the whole or any part of their business in any place in such manner as they think fit or to provide or take goods and/or services by such means and from and to such persons and into or from such places as they may from time to time think fit and/or to compete in any area or in any field or with any person.

Appears in 2 contracts

Samples: Purchase Agreement (Teekay Tankers Ltd.), Purchase Agreement (Teekay Offshore Partners L.P.)

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Restrictive practices. The Companies are not and have not been a party to any agreement, arrangement, understanding or practice restricting the freedom of any of the respective Companies to carry on the whole or any part of their business in any place in such manner as they think fit or to provide or take goods and/or services by such means and from and to such persons and into or from such places as they may from time to time think fit and/or to compete in any area or in any field or with any person.

Appears in 2 contracts

Samples: Purchase Agreement (Teekay Offshore Partners L.P.), Purchase Agreement (Teekay Offshore Partners L.P.)

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