Designated Competitor definition

Designated Competitor means Outback Steakhouse, Texas Roadhouse, Texas Steakhouse, Lone Star Steakhouse, Xxxxx’x Roadhouse, Roadhouse Grill, Ted’s Montana Grill, Steak & Ale, Traildust Steakhouse, Tumbleweed, Ryan’s Steakhouse, Sizzler, Sagebrush, Golden Corral, Chop House, Smokey Bones and Saltgrass Steakhouse, all of which the Company deems to be similar to and current competitors of LongHorn Steakhouse and Bugaboo Creek Steak House. “Designated Competitor” also means Flemings, Xxxx’x Xxxxx, Xxxxx & Wolinsky, Morton’s, Del Frisco’s, The Palm, Xxxxxxxx’x, Stonewood and Fogo xx Xxxx, all of which the Company deems to be similar to and current competitors of The Capital Grille. Nothing in this Section 4 shall prohibit Executive from acquiring or holding, for investment purposes only, less than 2% of the outstanding publicly traded securities of any corporation that may compete directly or indirectly with the Company. The provisions of this Section 4 shall terminate and be of no further force and effect from and after the date on which the Company fails to make any payment owed to Executive under this Agreement following the Employment Term, which payment remains unpaid ten (10) business days following the receipt of written notice from Executive that such payment has not been made (provided that such cure period shall not apply with respect to the Company’s third or subsequent failure to make any payment due Executive hereunder in any twelve (12) month period); provided, however, that in the event that there is any reasonable and good faith dispute between the Company and Executive as to any amount payable to Executive, for purposes of this Section 4 the disputed amount shall not be considered due and payable until such dispute shall have been finally resolved in an appropriate legal proceeding and any time for appeal of such resolution shall have run without an appropriate appeal having been taken.
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Designated Competitor also means Flemings, Xxxx’x Xxxxx, Xxxxx & Wolinsky, Morton’s, Del Frisco’s, The Palm, Xxxxxxxx’x, Stonewood and Fogo xx Xxxx, all of which the Company deems to be similar to and current competitors of The Capital Grille. Nothing in this Section 4 shall prohibit Executive from acquiring or holding, for investment purposes only, less than 2% of the outstanding publicly traded securities of any corporation that may compete directly or indirectly with the Company. The provisions of this Section 4 shall terminate and be of no further force and effect from and after the date on which the Company fails to make any payment owed to Executive under this Agreement following the Employment Term, which payment remains unpaid ten (10) business days following the receipt of written notice from Executive that such payment has not been made (provided that such cure period shall not apply with respect to the Company’s third or subsequent failure to make any payment due Executive hereunder in any twelve (12) month period); provided, however, that in the event that there is any reasonable and good faith dispute between the Company and Executive as to any amount payable to Executive, for purposes of this Section 4 the disputed amount shall not be considered due and payable until such dispute shall have been finally resolved in an appropriate legal proceeding and any time for appeal of such resolution shall have run without an appropriate appeal having been taken.
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Designated Competitor means those entities listed on Exhibit 6 hereto.
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Examples of Designated Competitor in a sentence

  • In addition, Newco shall permit the Panini Entities to assign the Panini Sticker Agreement to any other entity in connection with any subsequent sale of Panini except to a Designated Competitor.

  • In addition, Newco shall permit the Panini Entities to assign the Panini Comic Distribution Agreement, as modified, to any other entity in connection with a sale of the Panini Entities except to a Designated Competitor.

  • Notwithstanding the foregoing, no Information shall be provided to Designated Competitor Affiliates other than Information provided by or on behalf of the Lead Borrower for distribution to Public Lenders.

  • The Lender may assign its rights and interests under this Agreement and the other Loan Documents, in whole or in part, provided, that, (i) unless an Event of Default under Section 9.1, 9.2, 9.3(a) or 9.7 then exists, the Lender may not assign any such rights or interests to a Designated Competitor, and (ii) so long as no Event of Default then exists, the Lender will provide written notice of any such assignment to the Borrower.

  • Notwithstanding the forgoing, no Confidential Information shall be provided to Designated Competitor Affiliates other than Confidential Information provided by or on behalf of the Borrower for distribution to Public Lenders.

  • Neither this Warrant nor the Warrant Stock may be knowingly sold or otherwise disposed of by any Registered Holder, directly or indirectly, to any Person whom the Company has designated in writing to the Registered Holder to be a competitor of the Company (a "Designated Competitor"), which designation may be made by the Company's Board of Directors in its reasonable discretion; provided the Company shall include in such writing the reasons evidencing the basis for such designation.

  • Except as set forth in Section 2.08(e)(ii)(A)(ii) or Section 2.08(e)(ii)(A)(iii) below, the GBT Designated Competitor List may be updated each calendar quarter by GBT Holdco at the applicable meeting of the Executive Partnership Forum GBT may add to the GBT Designated Competitor List any Designated Company (x) with which Amex Group has no commercial relationship for lead sharing related to Designated Services and (y) that develops or acquires any proprietary [***] platform, product, service or solution.

  • So long as the Tenant is leasing and occupying all of the Premises, if Landlord adds additional rentable square footage to the Project, Landlord agrees that it will not lease space in the Project to a Designated Competitor (defined below).

  • If GBT seeks to update the GBT Designated Competitor List at any such meeting, GBT shall deliver to Amex written notice of such proposed update at least thirty (30) business days in advance of such meeting, confirming the requirements of clauses (x) and (y).


More Definitions of Designated Competitor

Designated Competitor means any Person identified in writing by Borrower to the Agent and acknowledged in writing by the Agent.
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Designated Competitor means any Persons in the business of selling hydrogen fuel systems as reasonably determined by Lender (including, without limitation and for avoidance of doubt, all Persons identified in writing as competitors to Lender by Lead Borrower prior to the date hereof).
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Designated Competitor means (a) any Person listed on Exhibit 3 hereto, (b) any Control Affiliate of any such Person, (c) any successor to the business of any such Person or Control Affiliate and (d) any corporation, partnership, limited liability company, firm, association or other entity in which any such Person, Control Affiliate or successor owns ten percent (10%) or more of the equity interests or ten percent (10%) or more of any class of voting securities outstanding; provided, that the Board may amend Exhibit 3 from time to time, without requiring the consent of any Member, to add additional Persons that the Board determines in good faith to be competitors of the Company and its Subsidiaries;provided further, that the Company shall give each Member prompt written notice of any such amendment to Exhibit 3.
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Designated Competitor has the meaning specified in Section 10.06(a).
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Designated Competitor means each Person listed on Exhibit II so long as --------------------- such Person or any of its Affiliates is engaged in the legal publishing business.
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Designated Competitor means those entities listed on Exhibit __ hereto.
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Related to Designated Competitor

  • Designated Company means any Subsidiary or Affiliate that has been designated by the Administrator from time to time in its sole discretion as eligible to participate in the Plan. For purposes of the 423 Component, only the Company and its Subsidiaries may be Designated Companies, provided, however that at any given time, a Subsidiary that is a Designated Company under the 423 Component will not be a Designated Company under the Non-423 Component.

  • Direct Competitor means any individual, partnership, corporation, limited liability company, association, or other group, however organized, who competes with the Company in the full service restaurant business.

  • 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.

  • Designated Computer means the computers and the upgraded computers thereof installed in the offices of the Licensee.

  • Affiliated Company means any company controlled by, controlling or under common control with the Company.

  • Company Competitor means any competitor of the Borrower and/or any of its subsidiaries.

  • Affiliated employee means any individual employed by a recipient who receives compensation directly from government assistance or a contract with the District of Columbia government, including any employee of a contractor or subcontractor of a recipient who performs services pursuant to government assistance or a contract. The term “affiliated employee” does not include those individuals who perform only intermittent or incidental services with respect to the government assistance or contract, or who are otherwise employed by the contractor, recipient or subcontractor.

  • Designated Entity shall have the same meaning provided in the Operating Agreement.

  • Competitive employment means work in the competitive labor market that is performed on a full-time or part-time basis in an integrated setting and for which the client is compensated at or above the minimum wage, but not less than the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals who are not disabled.

  • Designated Employee means an employee who has been designated by the school to receive complaints of hazing, harassment and bullying pursuant to subdivision 16 V.S.A. 570a(a)(7). The designated employees for each school building are identified in Appendix A of this policy.

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.

  • Prospective employee means any individual who has committed to become an employee of the Company within sixty (60) days from the date an Award is granted to such individual.

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Fixed term employee means a person engaged for a specified term or for the duration of a specified task in accordance with section 37(3)(b) of the State Service Act 2000.

  • Current Employee has the meaning set forth in Section 7.8(a).

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Competitive contracting means the method described in sections 45 through 49 of P.L.1999, c.440 (C.18A:18A-4.1 through C.18A:18A-4.5) of contracting for specialized goods and services in which formal proposals are solicited from vendors; formal proposals are evaluated by the purchasing agent or counsel or School Business Administrator; and the Board awards a contract to a vendor or vendors from among the formal proposals received.

  • Affiliated Entity means any entity controlling, controlled by, or under common control with an Insured.

  • Related Company means any entity that is directly or indirectly controlled by, in control of or under common control with the Company.

  • Associated Company means any legal entity of which a person or company has direct or indirect Control and only as long as a person or company maintains direct or indirect Control.

  • Management Employee means an employee having responsibility for formulating, administering or managing the implementation of District policies and programs.

  • 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.

  • Competitive integrated employment means work (including self-employment) that is performed on a full-time or part-time basis:

  • Subcontractor employee, as used in this clause, means any officer, partner, employee, or agent of a subcontractor.

  • 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.

  • Competitive service means any service offered by an electric