Competitive Market Area definition

Competitive Market Area means any geographic market area (1) if the Company or any of its affiliated companies conducted business in such geographic market area during the Employment Period or on the date of termination of Executive's employment hereunder, or (2) if, on the date of such termination or during the twelve months immediately preceding such termination, the Company or any of its affiliated companies was actively investigating with a view to conducting business in such geographic market area or was actively pursuing a plan to conduct business in such geographic market area. The Executive agrees and acknowledges that a portion of the consideration to be paid by the Company to the Executive pursuant to this Agreement is in consideration of the covenants under this Section 6 and that such consideration is fair and adequate, even though the Executive will not receive any severance compensation in the event he terminates his employment with the Company other than for Good Reason or the Company terminates his employment for Cause. The Executive acknowledges and agrees that any breach or anticipatory breach by him of any of the provisions of this Section 6 would cause the Company irreparable injury not compensable by monetary damages alone and that, accordingly, in any such event, the Company shall be entitled to injunctions, both preliminary and permanent, enjoining or restraining such breach or anticipatory breach without the necessity of showing irreparable injury (and the Executive hereby consents to the issuance thereof without bond by a court of competent jurisdiction).
Competitive Market Area means the boundaries defining the jurisdiction of the Michigan counties of Dickinson, Menominee, and Delta.
Competitive Market Area means the counties of Barry, Eaton, Ingham, Kalamazoo, Calhoun, Jackson, St. Joseph, Branch, Washtenaw, Kent, and Hillsdale.

Examples of Competitive Market Area in a sentence

  • The market study identified the Development’s Competitive Market Area (“CMA”) for the purpose of determining a like-kind inventory of competitive units.

  • If a change in State law is enacted which is intended to permit or permits the operation of a commercial for-profit casino that is physically located within the Community’s Competitive Market Area, or if the Governor of the State issues a concurrence determination to authorize Class III gaming within the Competitive Market Area by a federally-recognized Indian tribe other than the Community pursuant to 25 U.S.C. § 2719(b)(1)(A), the Community is not required to perform the payment terms under paragraph 1.

  • The weighted average occupancy rate for existing properties in the Competitive Market Area is 99.8%.

  • Competitive Market Area" means the counties of Barry, Eaton, Ingham, Kalamazoo, Calhoun, Jackson, St. Joseph, Branch, Washtenaw, Kent, andHillsdale.

  • The Competitive Market Area is by convention a zone where 80% or more of prospective buyers are expected to shop and compare new homes before making a choice.


More Definitions of Competitive Market Area

Competitive Market Area shall include any geographic region productive or thought to be productive of oil, gas or other minerals: (1) wherein the Key Companies, on the date of the Executive's termination of employment hereunder, conduct business, or provide or market their products or services; or (2) wherein as of the date of the Executive's termination of employment, or within the preceding twelve (12) months, the Key Companies were actively investigating with a view to conducting, or pursuing a plan to conduct, business, or to provide, or market, products or services in such geographic region (and continue to maintain an interest in providing products or services in that geographic region), provided, however, that the Executive was involved, directly or indirectly (through the supervision of others) in such investigation or plan, or the Executive has Confidential Information related to such investigation or plan. The Executive agrees and acknowledges that any breach or anticipatory breach by the Executive of any of the provisions of this Section 8 would cause the Key Companies irreparable injury not compensable by monetary damages alone and that, accordingly, in any such event, the Key Companies shall be entitled to injunctions, both preliminary and permanent, enjoining or restraining such breach or anticipatory breach without the necessity of showing irreparable injury (and the Executive hereby consents to the issuance thereof without bond by a court of competent jurisdiction).
Competitive Market Area means the geographical area located within a 60-mile radius of a Menominee Facility, but only if such geographical area possessed the following characteristics at any time after December 31, 1998:‌
Competitive Market Area means the counties of Manistee, Wexford, Mason, Lake, Oceana, Newaygo, Muskegon, Ottawa, and Kent.
Competitive Market Area means the counties of Emmet, Cheboygan, Charlevoix, Antrim, Otsego, Xxxxxxxx, Kalkaska, Presque Isle, Montmorency, and Oscoda.
Competitive Market Area means any geographic market area (1) if the Company or any of its affiliated companies conducted business in such geographic market area during the Employment Period or on the date of termination of Executive's employment hereunder, or (2) if, on the date of such termination or during the twelve months immediately preceding such termination, the Company or any of its affiliated companies was actively investigating with a view to conducting business in such geographic market area or was actively pursuing a plan to conduct business in such geographic market area. The Executive acknowledges that these provisions (I) have been specifically bargained for by the Company and are supported by separate and specific consideration provided to him by the Company and (II) are necessary for the Company's protection and are not unreasonable, since he would be able to obtain employment with companies whose businesses are not competitive with those of the Company and its affiliated companies and would be able to recruit and hire personnel other than employees of the Company. The duration and the scope of these restrictions on the Executive's activities are divisible, so that if any provision of this paragraph is held or deemed to be invalid, that provision shall be automatically modified to the extent necessary to make it valid.
Competitive Market Area. The cross-hatched area shown on the map attached hereto as Exhibit B and incorporated herein by this reference. For the avoidance of doubt, such area includes all of the areas commonly known as Chevy Chase and Friendship Heights, that is bordered by Chevy Chase Country Club to the north, Nebraska Avenue to the south, Wisconsin Avenue to the west and Connecticut Avenue to the east.
Competitive Market Area means the counties of Emmet, Cheboygan, Charlevoix, Antrim, Otsego, Crawford, Kalkaska, Presque Isle, Montmorency, and Oscoda.