Competing Business Activities definition

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.
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.

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 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 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, 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.
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 developing, manufacturing, marketing or selling any products set forth on Schedule 1.1(a).

Related to Competing Business Activities

  • 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.

  • Competitive Business Activity means:

  • Business Activities shall be deemed to include any activities which are included in the Company's Business now or during the effective period of this Agreement.

  • Business activity means that term as defined in section 3(2) of the former single business tax act, 1975 PA 228, or in section 105 of the Michigan business tax act, 2007 PA 36, MCL 208.1105.

  • 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.

  • Competitive Activities means any business activities in which the Company or any other member of the Company Group engage (or have committed plans to engage) during the Term of Employment, or, following termination of Employee’s employment hereunder, was engaged in business (or had committed plans to engage) at the time of such termination of employment.

  • 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.

  • Doing business means engaging in any activity, whether legal or illegal, that is conducted

  • Restricted Activities means those activities described in Section 10 of this Agreement.

  • 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).

  • Wellness activity means an explicit program of an activity

  • 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.

  • Company Business means the business of the Company as presently conducted.

  • Active business operations means all business operations that are not inactive business operations.

  • Permitted Activities The primary activities of the trust created pursuant to this Agreement which shall be:

  • Competing Services means to provide, manage, supervise, or consult about (whether as an employee, owner, partner, stockholder, investor, joint venturer, lender, director, manager, officer, employee, consultant, independent contractor, representative or agent, or otherwise) any services that are similar in purpose or function to services you provided to the Company in the two year period preceding the termination of your employment, that might involve the use or disclosure of Confidential Information, or that would involve business opportunities related to Relevant Products.

  • Competitive Activity means any business or activity of Executive or any third party that is the same as the Business or competitive with the Business.

  • Remaining Business means all IAC Businesses other than the Spun Businesses.

  • Restricted Territory means the United States of America.

  • Economic activities shall in principle include activities of an industrial, commercial and professional character and activities of craftsmen;

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

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

  • Competitor means any individual, corporation, partnership or other entity that engages in (or that owns a significant interest in any corporation, partnership or other entity that engages in) any business conducted by the Company or any of its Affiliates.

  • 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—

  • Competitive Services means engaging in the business of commercial and mortgage banking, including, without limitation, originating, underwriting, closing and selling loans, receiving deposits, as well as the business of providing any other activities, products, or services of the type routinely conducted, offered, or provided by Employer as of or during the two years immediately prior to the Date of Termination.

  • Restricted Territories means: (i) Cuba, Sudan, Iran, North Korea, Syria and the territory of Crimea / Sevastopol; and (ii) any other country or territory that is subject to sanctions by the United Kingdom, the European Union, the U.S, United Nations or elsewhere.