Competitors definition

Competitors means any Person who is not an Affiliate of a Loan Party and who engages (or whose Affiliate engages), as its primary business, in the same or similar business as the Permitted Business.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Competitors has the meaning set forth in the definition of “Disqualified Lender”.

Competitors means those Persons set forth on Schedule 1.01, as such schedule may be updated from time to time in accordance with the terms set forth therein.

Examples of Competitors in a sentence

• Each Participation Rights Holder shall be entitled to apportion its Right of Participation hereby granted to it among itself and its Affiliates (other than Competitors unless with approval of the Ordinary Majority) in such proportions as it deems appropriate, provided that, such Affiliate shall at the closing of any purchase execute and deliver to the Company and the other parties hereto the Adherence Agreement as provided in Section 7.1(b).

• Each holder of Preferred Shares shall be entitled to apportion its right of first refusal hereby granted to it among itself and its Affiliates (other than Competitors unless approved by the Ordinary Majority) in such proportions as it deems appropriate, provided that, such Affiliate shall execute and deliver to the Company and the other parties hereto the Adherence Agreement as provided in Section 7.1(b).

More Definitions of Competitors

Competitors means Amazon (including ▇▇▇▇.▇▇▇), Baidu, eBay (including PayPal), Facebook, Google, Yahoo!, Microsoft, Tencent (including Tenpay), ▇▇.▇▇▇ (formerly, 360Buy), Wal-Mart Stores, Inc., Yihaodian, Xiaomi, ▇▇.▇▇▇, Yahoo! JAPAN (including SoftBank Group), Qihoo 360, Vipshop, Rakuten, Ping An (including Lufax but excluding Ping An Bank), UnionPay and each of their controlled Affiliates.

Competitors has the meaning set forth in Section 3.15(c)(ii).

Competitors means those Persons who are listed on Schedule 1.01(b).

Competitors means undertakings which face or may face mutual competition in the same relevant market.

Competitors has the meaning specified in the definition of “Disqualified Institution.”

Competitors means (i) any competitor of the Borrower and its Subsidiaries that is in the same or a substantially similar line of business and (ii) any customer and supplier of the Borrower and its Subsidiaries (other than any customer that is a bank, financial institution, other institutional lender or an Affiliate thereof).

Competitors means any Person which has (1) any of the following Standard Industrial Classification Codes (“SIC Codes”): 5084, 5085, and 5063, or (2) a pension or benefit plan maintained by a Person which has any of the foregoing SIC Codes. Prudential and each Purchaser shall be entitled to rely on a certificate from a Person that it is not a “Competitor” of the Company. The Company shall be entitled to modify or supplement in writing the foregoing SIC Codes with the consent of the Required Holders which consent shall not be unreasonably denied. In the event that as a condition to receiving access to information relating to the Company or its Subsidiaries in connection with the transactions contemplated by or otherwise pursuant to this Agreement, Prudential, any Purchaser or holder of a Note is required to agree to a confidentiality undertaking (whether through IntraLinks, another secure website, a secure virtual workspace or otherwise) which is different from this paragraph 11H, this paragraph 11H shall not be amended thereby and, as between Prudential, such Purchaser or such holder and the Company, this paragraph 11H shall supersede any such other confidentiality undertaking.