Competing Business Activities means the business of developing, manufacturing, and selling, directly or via business partnerships, RF semiconductors to enable or enhance satellite, cable and terrestrial tuners, broad band wireless access transceivers, and satellite channel stacking switches, in each case for consumer applications.
Competing Business Activities means the design, manufacture, marketing or sale of any Product or of any service of the type provided by the Business during the three (3) years prior to the Closing Date.
Competing Business Activities means the design, manufacture, marketing, sale or distribution of any product of the type manufactured for sale or sold by the Acquired Companies or the Business as of or at any time during the twelve (12) months prior to the Closing Date, except for such products set forth on Exhibit B.
Examples of Competing Business Activities in a sentence
The non-competition agreements contained herein shall be construed as if each agreement is divided into separate and distinct agreements in respect of the Competing Business Activities, each capacity in which the Executive is prohibited from competing, and each part of the Restricted Territory in which the Parent and the Company are carrying on the Competing Business Activities.
For purposes hereof, Competing Business Activities shall mean direct marketing of clothing for children or teen-agers.
More Definitions of Competing Business Activities
Competing Business Activities means any company that competes, either directly or indirectly, with Xxxxxx American Checks Inc. or any of its direct or indirect affiliates, parents or subsidiaries in the business of designing, printing, marketing, selling or distributing checks, check-related or payment-related products or services in the United States, including, without limitation, the business of providing direct marketing and business process solutions to financial institutions. In the event any of the foregoing covenants shall be determined by any court of competent jurisdiction to be unenforceable by reason of extending for too great a period of time, over too great a geographical area or by reason of its being too extensive in any other respect, it shall be interpreted to extend only over the maximum period of time for which it may be enforceable, over the maximum geographical area as to which it may be enforceable, and/or to the maximum extent in all other respects as to which it may be enforceable, all as determined by such court in such action. The invalidity or unenforceability of any particular provision of this Non-Competition Agreement paragraph shall not affect the other provisions hereof, which shall continue in full force and effect. You agree that the Company's remedies at law would be inadequate in the event of a breach or threatened breach of this Non-Competition Agreement paragraph; accordingly, the Company shall be entitled, in addition to its rights at law, to seek an injunction or other equitable relief without the need to post a bond. The terms of this Non-Competition Agreement paragraph are to be read consistent with the terms of any other non-competition agreements that you have executed with the Company; provided, however, to the extent there is a conflict between/among such agreements, such agreements shall be construed as providing the broadest possible protections to the Company, even if such construction would require provisions of more than one such agreement to be given effect.
Competing Business Activities means the research, development, design, manufacture, provision, marketing, promotion, sale, supply or distribution of any product, process or service that has the same or substantially similar purpose or use as, or is otherwise competitive with, a product, process or service researched, developed, designed, manufactured, promoted, marketed, sold or offered for sale by the Business as of immediately prior to the Closing.
Competing Business Activities means developing, manufacturing, marketing or selling any products set forth on Schedule 1.1(a).
Competing Business Activities means the manufacture, marketing or sale of any product of the type manufactured for sale or sold (or any product of the type that could reasonably be used as a substitute therefor), or the provision of services of the type provided (or any services of the type that could reasonably be used as a substitute therefor), by the Acquired Businesses as of and at any time during the twenty-four (24) months prior to the Closing Date.
Competing Business Activities means the manufacture, marketing or sale of any product of the type manufactured for sale or sold by the Acquired Business as of the Closing Date or at any time in the two (2) years prior to the Closing Date, or any product in the Acquired Business’s product roadmap as of the Closing Date to be released for sale within twenty-four (24) months after the Closing Date. “Competition Law” shall mean any Law or Order that is designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade or lessening of competition, including the HSR Act. “Confidentiality Agreement” shall have the meaning set forth in Section 4.1. “Consolidated Tax Group” shall mean any “affiliated group” (as defined in Section 1504(a) of the Code) that includes Vectron, and any similar group of corporations that includes Vectron and files state, local or other income Tax Returns on a combined, consolidated or unitary basis. “Contract” shall mean any indenture, note, bond, mortgage, deed of trust, lease, licensing or sublicensing agreement, contract, instrument, commitment or other legally binding agreement, arrangement, understanding, undertaking, commitment or obligation (whether written or oral), but not including purchase orders. “Copyrights” shall mean U.S. and foreign registered and unregistered copyrights, mask works, and the underlying works of authorship (including those in Software, masks, web content and databases), and all registrations and applications to register the same. “Current Employee” shall mean each employee and managing director of the Acquired Company and, to the extent working primarily on matters with respect to the Acquired Assets, the Asset Sellers, in each case as of the date hereof. “Designated Purchaser” shall have the meaning set forth in Section 1.3. “Designated Seller” shall have the meaning set forth in Section 2.5(a). “Dispute Notice” shall have the meaning set forth in Section 2.3(b).
Competing Business Activities means, other than the Xcerra Excluded Business, the manufacture, marketing or sale of any product of the type manufactured for sale or sold (or any product of the type that could reasonably be used as a substitute therefor), or the provision of services of the type provided (or any services of the type that could reasonably be used as a substitute therefor), by the Harbor Electronics Business as of the Closing Date. For avoidance of doubt, Competing Business Activities excludes any activities performed by the Selling Parties or any of their Affiliates pursuant to and in accordance with the Transition Services Agreement or Supply Agreements; provided that, notwithstanding the foregoing or any term or provision of the Preferred Supply Agreement or the definition of the Xcerra Excluded Business to the contrary, the Competing Business Activities, as defined hereunder, shall preclude Xcerra (and/or its Affiliates), for a period of five (5) years following the Closing Date, from employing more than ten (10) additional full-time equivalent employees (i.e., in addition to the number of personnel employed by Xcerra at Closing) within Xcerra’s semiconductor test solutions group for purposes of designing printed circuit device under test load boards in connection with the sale of capital equipment, unless Xcerra obtains Buyer’s prior written consent.