Noncompete Area definition

Noncompete Area means the entire area included within the city of Las Vegas, Nevada and within a fifty (50) mile radius of the boundaries of the city of Las Vegas, Nevada. Notwithstanding the foregoing, none of the following shall be deemed a breach of this Section 11.2: (i) ownership of less than five percent (5%) of the stock of a publicly held company; (ii) the activities described in the second sentence of Section 11.1; (iii) VHMC or its Affiliates' continued operation of Goldring Surgery Center ("GOLDRING") and Nevada Radiation Oncology Center ("NEVADA") together with any expansion thereof provided such expansion is consistent with and limited to the operations and services of such businesses as of the date hereof and is located at the current sites of such businesses; and (iv) the continued operation by a Person who is an indirect transferee of an Interest in the Company pursuant to clause (ii) of Section 7.5 of the business of such Person conducted within the Noncompete Area on the date the transaction undertaken pursuant to clause (ii) of Section 7.5 is first contemplated. Further, in the event a Member or one of its Affiliates acquires, directly or indirectly, a healthcare business with operations in the Noncompete Area from an unrelated third Person ("UTP") as part of an acquisition from such UTP of multiple healthcare facilities then such Member or its Affiliate shall sell the business operated within the Noncompete Area to the Company on commercially reasonable terms acceptable to VHMC and NC-DSH. The parties hereto acknowledge and agree that capital projects engaged in by the Company pursuant to Section 2.3 shall not be subject to this Article 11. VHMC and its Affiliates covenant and agree that they shall not initiate an increase in or otherwise seek to increase, directly or indirectly, their ownership interests (beneficial or otherwise) (collectively, the "OWNERSHIP") in Goldring and Nevada or in any entity or organization owning or operating Goldring or Nevada or any successor to Goldring and Nevada or the organizations owning or operating Goldring and Nevada. VHMC and its Affiliates further covenant and agree that in the event they are required, despite their compliance with the immediately preceding sentence, to increase their Ownership they shall use their reasonable best efforts to promptly convey such increased Ownership to the Company on terms and conditions reasonably acceptable to the Company, VHMC and NC-DSH.

Noncompete Area means the area within a fifty (50)-mile radius of the Hospital. Ownership of less than five percent (5%) of the stock of a publicly held company shall not be deemed a breach of this covenant.

Noncompete Area means the geographic areas within a radius of 90 miles of each of the following Offices: 0000 X. Xxxxxxx Xxx Xxxxxxxx Xxxx, XX 00000 000 Xxxx 0xx Xxxxxx Xxxxx Xxxxxx Xxxx, XX 00000 Notwithstanding the foregoing limitation, the Noncompete Area shall not include Tulsa County, Oklahoma.

Examples of Noncompete Area in a sentence

• Director may not avoid the purpose and intent of this Section 2(a) by engaging in conduct within the Noncompete Area from a remote location through means such as telecommunications, written correspondence, computer generated or assisted communications, or other similar methods.

• Notwithstanding the previous sentence, “competition” shall not include the Executive’s ownership of no more than two percent (2%) of the debt or equity securities of corporations listed on a registered securities exchange that directly or indirectly engage in the Company Business in the Noncompete Area.

• Notwithstanding the previous sentence, "competition" shall not include the Employee's ownership of no more than 2% of the debt or equity securities of corporations listed on a registered securities exchange that directly or indirectly engage in the Company Business in the Noncompete Area.

• If you are dissatisfied with the outcome of Health Net’s internal appeal process or if you have been in the process for 30 days or more, you may request review by the DMHC, or proceed to binding arbitration.Upon exhaustion of the DMHC review process, you may then request a CalPERS Administra- tive Review.

• The "Noncompete Area" shall mean the area within a fifty (50) mile radius of each location from which the Business is operated or conducted as of Closing.

More Definitions of Noncompete Area

Noncompete Area has the meaning set forth in Section 7.12.

Noncompete Area means the area within 15 miles of the Branches.

Noncompete Area means the area within a 10-mile radius of the Hospital. In addition, for a period of one (1) year from the Closing Date, neither Seller nor its Affiliates shall solicit for employment (other than by advertisements in newspapers and publications of general circulation) any person who at Closing became an employee of Buyer. Finally, for a period of one (1) year from the Closing Date, neither Seller nor its Affiliates shall solicit for employment, a contractual or an affiliation relationship, any physician currently on the medical staff of the Hospital; provided, however, that the foregoing restrictions would not apply to physicians with existing employment, contractual or affiliation relationships with Affiliates of Seller.

Noncompete Area means the area within a fifty (50) mile radius of each location from which the Business is operated or conducted as of Closing. Ownership of less than five percent (5%) of the stock of a publicly held company shall not be deemed a breach of this covenant. The parties hereby expressly agree that although Sellers Pierxx Xxxx Xxxtnership and Pierxx Xxxxxx xxx Hall Xxxtnership are subject to the noncompete, Hayex Xxxx xxx Wandx Xxxx, xxo at one time owned an interest in these Sellers, individually are not subject to the noncompete.

Noncompete Area means a fifty (50) mile radius of each location from which the Business of Company is operated as of Closing. Ownership of less than five percent (5%) of the stock of a publicly-held company shall not be deemed a breach of this covenant. Provided; however, nothing in the Agreement shall prohibit Shareholder from engaging in the activities disclosed on Exhibit 1 attached hereto.

Noncompete Area means the area within a fifty (50) mile radius of (a) each location from which the Business is operated or conducted as of the Closing, and (b) each location at which Seller delivers pharmaceuticals as of the Closing. Ownership of

Noncompete Area means the entirety of the continental United States of America.