Competing Assets definition

Competing Assets is defined in Section 6.4.
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Competing Assets shall have the meaning set forth in Section 7.1(d).
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Competing Assets means assets that relate to the Restricted Business.
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Examples of Competing Assets in a sentence

  • The consummation of such a Matching Contribution shall be conditioned upon the contribution of the Competing Assets to the Company.

  • The exercise of either Member’s right to contribute Competing Assets or a Matching Contribution in accordance with this Section shall be irrevocable.

  • The contributing Member shall provide the non-contributing Members notice (an “Assessment Notice”) of its intent to make such contribution, which notice shall contain (i) information and details relating to the Competing Assets; (ii) the contributing Member’s determination of the fair market value for the assets; and (iii) the basis for such determination.

  • In the event any non-contributing Member disagrees on the appropriate fair market value for the Competing Assets, the non-contributing Member shall give notice of such disagreement within thirty (30) days of such Member’s receipt of the Assessment Notice (or concurrent with such non-contributing Member’s notice regarding its Matching Contribution), at which point, either Member shall submit the issue to the Dispute Resolution Procedures as provided in Article XVI hereof.

  • CQP will have the right, exercisable within fifteen (15) days of CQP's receipt of a Competing Asset Opportunity Notice, to request that the Company engage in good faith discussions with CQP on terms to allow a member of the Partnership Group to acquire the Competing Assets.

  • Arbitrageurs Take Advantage Of A Difference Between Prices Of More Or Less The Same Assets Or Competing Assets In Different Markets.

  • CQP will have the right, exercisable within fifteen (15) days of CQP’s receipt of a Competing Asset Opportunity Notice, to request that the Company engage in good faith discussions with CQP on terms to allow a member of the Partnership Group to acquire the Competing Assets.

  • The bidders having completed a certified audited financial statement for 2019 can also submit the report which will be considered for evaluation.

  • Notwithstanding the foregoing, the Seller may acquire a business or entity with Competing Assets in excess of the Revenue and Asset Limitations as long as such Competing Assets are disposed of within one year of such acquisition.

  • X.’s receipt of written notice from Albany of Albany’s determination not to so acquire or cause the acquisition of the Competing Assets, to (x) sell or otherwise dispose of the Competing Assets or (y) cease and discontinue the design, development and manufacturing of Advanced Composite 3D Parts within the Agreed Space by the Competing Entity.


More Definitions of Competing Assets

Competing Assets has the meaning set forth in Section 12.02.
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Competing Assets means (i) 000 Xxxxxx Xxxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx for so long as an interest therein is owned by Xxxxxx or its Affiliates and (b) any other real property located entirely or partially within one mile of any part of the Property as to which Xxxxxx or any of its Affiliates acquires, either on or after the Effective Date, a direct or indirect ownership interest of fifty-five percent (55%) or more and whose leasing activity is managed or co-managed by Xxxxxx or any of its Affiliates.
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Competing Assets. As defined in Section 2.7.
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Related to Competing Assets

  • Competing Permitted Bid means a Take-over Bid that:

  • Competing Entity means any entity or person that is engaged, directly or indirectly, in a Competitive Business.

  • Competing Activity means the providing of services or performance of activities for a Competitive Enterprise in a line of business that is similar to any line of business to which the Executive provided services to the Firm in a capacity that is similar to the capacity in which the Executive acted for the Firm while employed by the Firm, and (ii) “Competitive Enterprise” shall mean a business (or business unit) that (A) engages in any activity or (B) owns or controls a significant interest in any entity that engages in any activity, that in either case, competes anywhere with any activity in which the Firm is engaged up to and including the Executive’s Date of Termination. Further, notwithstanding anything in this Section 5, the Executive shall not be considered to be in violation of this Section 5 solely by reason of owning, directly or indirectly, any stock or other securities of a Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in any such Competitive Enterprise) if the Executive’s interest does not exceed 5% of the outstanding capital stock of such Competitive Enterprise (or comparable interest, including a voting or profit participation interest, in such Competitive Enterprise).

  • Competing Activities means the same or similar services as Xxxxxx Xxx Ltd is providing to the Restaurant under this Agreement or other activities having a similar purpose.

  • Competing Transaction has the meaning set forth in Section 6.1(n).

  • Competing Product means [***].

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • Controlled unaffiliated business means a company:

  • Competing Service means implementation, consulting, support, maintenance, development and/or training services relating to or in connection with the use of any Company Products or Competing Products.

  • Related Business Assets means assets (other than cash or Cash Equivalents) used or useful in a Similar Business; provided that any assets received by the Issuer or a Restricted Subsidiary in exchange for assets transferred by the Issuer or a Restricted Subsidiary shall not be deemed to be Related Business Assets if they consist of securities of a Person, unless upon receipt of the securities of such Person, such Person would become a Restricted Subsidiary.

  • Primary sector business means an individual, corporation, limited liability company,

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Permitted Business means any business conducted by the Company, its Restricted Subsidiaries or CTSH and its Subsidiaries on the date hereof and any other business related, ancillary or complementary to any such business.

  • Competitive Business means any person or entity that engages in any business activity that competes with the Company’s business in any way, in any geographic area in which the Company engages in business, including, without limitation, any state in the United States in which the Company sells or offers to sell its products from time to time.

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Restricted Business has the meaning set forth in Section 6.10(a).

  • Competitive Business Activity means:

  • Competing Enterprise means any person or any business organization of whatever form, engaged directly or indirectly within the Area in the Business of the Company.

  • Competing Proposal shall have the meaning set forth in Section 6.6(f)(i).

  • Cannabis business means any business activity involving cannabis, including but not limited to cultivating, transporting, distributing, manufacturing, compounding, converting, processing, preparing, storing, packaging, delivering, testing, dispensing, retailing and wholesaling of cannabis, of cannabis products or of ancillary products and accessories, whether or not carried on for gain or profit.

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Competing Program has the meaning set forth in Section 8.5.

  • Competing Offer means a Tender Offer for Units which (i) is Commenced prior to the expiration of the Offer by a Person that is not an Affiliate (or in the case of Waltxx Xxxeet, as to its Associates only) of any Partner and (ii) has a cash purchase price per Unit that is at least 2% (10% with respect to the first Competing Offer made following the Offer by the Partnership)

  • Compete means to provide Competitive Services, whether Employee is acting on behalf of himself/herself, or in conjunction with or in concert with any other entity, person, or business, including activities performed while working for or on behalf of a Customer.