Major Competitor definition

Major Competitor means Charter Mac and its Affiliates, GMAC and its Affiliates, and any other person or entity whose primary business lines include providing multifamily debt financing or low-income housing tax credit equity to the developers, sponsors and owners of such properties, unless the net worth of such person or entity (if privately held) or the market capitalization of such company (if publicly held) is less than $200 Million.

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Major Competitor means (a) with respect to this Corporation, a Person that materially competes with a major portion of the telecommunications services business of this Corporation in North America, or a Person that has taken substantial steps to become such a Major Competitor and which this Corporation has reasonably concluded, in its good faith judgment, will be such a competitor in the near future in the United States of America provided that this Corporation furnish in writing to each Class A Holder reasonable evidence of the occurrence of such steps; and (b) with respect to the Joint Venture, a Person that materially competes with a major portion of the telecommunications services business of the Joint Venture, or a Person that has taken substantial steps to become such a Major Competitor and which FT, DT or this Corporation has reasonably concluded, in its good faith judgment, will be such a competitor in the near future, provided that FT, DT or this Corporation furnish in writing to the other two of them reasonable evidence of the occurrence of such steps.

Major Competitor has the meaning provided in Clause 15.1.2;

Examples of Major Competitor in a sentence

A Listed Major Competitor shall also include any entity that is involved in human resources business process outsourcing services (x) in which more than 50% of the voting power to elect directors is owned by private equity funds, directly or indirectly, and (y) that has indicated (by words or actions) that its intent is to become a significant competitor to the Company with respect to human resources business process outsourcing services generally.
The Company may assign its rights to purchase the Offered Shares under this Section 2.5(b) to any Person who is not a Major Competitor of FT or DT or the Joint Venture.
The Company may assign its rights to purchase the Offered Shares under this Section 2.5(a) to any Person who is not a Major Competitor of FT or DT or of the Joint Venture.
The term "Major Competitor" shall include the following organizations: Microsoft Corporation, America Online and its Netscape subsidiary, Yahoo!, PurchasePro, Ariba, Commerce One, VerticalNet, TRADE'ex, Chemdex, National Information Consortium, GSA*Advantage, PeopleSoft, Oracle, SAP, American Management Systems, CACI, IBM, and EDS and all affiliates and subsidiaries thereof.
Further, Nokia acknowledges, represents, and warrants that it has not elected to accept any third party license agreement under Section 3.1.2 of the Nokia PLA as of the Effective Date, and InterDigital acknowledges, represents, and warrants that it has not executed any Major Competitor License Agreement (as that term is used and defined in the Master Agreement) other than those deemed to be Major Competitor License Agreements in the Award.

More Definitions of Major Competitor

Major Competitor means (a) with respect to FT or DT, a Person that materially competes with a major portion of the telecommunications services business of FT or DT in Europe, or a Person that has taken substantial steps to become such a Major Competitor and which FT or DT has reasonably concluded, in its good faith judgment, will be such a competitor in the near future in France or Germany, provided that FT and/or DT furnish in writing to the Company reasonable evidence of the occurrence of such steps; (b) with respect to the Company, a Person that materially competes with a major portion of the telecommunications services business of the Company in North America, or a Person that has taken substantial steps to become such a Major Competitor and which the Company has reasonably concluded, in its good faith judgment, will be such a competitor in the near future in the United States of America, provided that the Company furnish in writing to each Class A Holder reasonable evidence of the occurrence of such steps; and (c) with respect to the Joint Venture, a Person that materially competes with a major portion of the telecommunications services business of the Joint Venture, or a Person that has taken substantial steps to become such a Major Competitor and which FT, DT or the Company has reasonably concluded, in its good faith judgment, will be such a competitor in the near future, provided that FT, DT or the Company furnish in writing to each other party hereto reasonable evidence of the occurrence of such steps.

Major Competitor means, with respect to RCSI, the following entities: *** and the respective Affiliates and successors thereof.

Major Competitor has the meaning given in clause 4.3 (Reserved Matters);

Major Competitor means a company with a market capitalization in excess of fifty billion United States dollars ($50 billion USD) and whose principal business involves exploration for, and/or production of, crude oil and/or natural gas, manufacture of petroleum products and/or transportation and/or sale of crude oil, natural gas, and/or petroleum products.

Major Competitor means Charter Mac and its Affiliates, GMAC and its Affiliates, and any other person or entity whose primary business lines include business lines in which the Company or its subsidiaries are engaged, unless the net worth of such person or entity (if privately held) or the market capitalization of such company (if publicly held) is less than $200 Million and (y) “Affiliate” shall mean any person or entity controlled by or under common control with any other person or entity, whether by the ownership of, or the right to control the voting of, voting securities, by contract, or otherwise. Notwithstanding the foregoing, if Employer terminates Employee without Cause under Section 7(a)(iii) of this Agreement, or Employee resigns for Good Reason under Section 7(b), this Section 8(a)(i) shall not apply.

Major Competitor shall include the following organizations: Microsoft Corporation, America Online and its Netscape subsidiary, Yahoo!, PurchasePro, Ariba, Commerce One, VerticalNet, TRADE'ex, Chemdex, National Information Consortium, GSA*Advantage, PeopleSoft, Oracle, SAP, American Management Systems, CACI, IBM, and EDS and all affiliates and subsidiaries thereof. This list of Major Competitors may be amended from time to time by the Company upon ninety (90) days written notice to Employee.