Noncompete Area definition

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 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.

Examples of Noncompete Area in a sentence

• 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.

• It shall not be deemed a breach of any Member's duty of loyalty to the Company for that Member to pursue, for that Member's own benefit, any opportunity outside of the Noncompete Area described in Section 11.2 after compliance with the provisions of this Article 11.

• Notwithstanding the foregoing, Xxxxxxx is free to solicit and do business with clients of Command Center for work to be performed outside of the Noncompete Area.

• If any Shareholder or any of its Affiliates ceases to be a Shareholder in any of the Companies for any reason other than the liquidation of a Company, that Shareholder shall not, and shall require that its Affiliates, directors, officers or key employees shall not, for a period of two years from the date of such cessation, directly or indirectly carry on or be in any way interested in the business of transportation or storage of natural gas in the Non-compete Area.

More Definitions of Noncompete Area

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 any portion of Tulsa County, Oklahoma.

Noncompete Area means (i) the United States, and (ii) any other country to whom Seller has sold products since December 31, 2013. Xxxxxx Xxxxxx is evidencing his agreement to the Restrictive Covenants set forth in this Article VII by executing this Agreement in the space provided on the signature page hereof, it being understood that by such execution he evidences only his agreement to the Restrictive Covenants as it applies to himself (the “ Xxxxxx Covenant ”) and shall not otherwise have personal liability under or in connection with this Agreement.

Noncompete Area means the area within a twenty-five (25) mile radius of Hospital and each of the following facilities: Cypress Creek Hospital, 17750 Cali Drive, Houston, Texas 77090; Texas NeuroRehab Cxxxxx, 0000 Xxxx Xxxxxxx, Xxxxxx, Xxxxs 78745; West Oaks Hospital, 0000 Xxxxxxxx, Xxxxxxx, Texas 77074; and Holly Hill Hospitxx, 0000 Xxxxxxxx Xxxx, Xxxxxxx, Xxrth Caxxxxxa 27610. Ownershxx xx xxxx xxxx xxxx xxxxxxx (0%) xx xxx xxxxx xx a publicly held company shall not be deemed a breach of this covenant.

Noncompete Area has the meaning set forth in Section 7.12.

Noncompete Area means the area within a ten (10) 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. In addition, the following events shall not be deemed a violation of this Section 13.1: (i) the merger of Seller with and/or into an entity that owns or operates, directly or indirectly, a hospital, medical center, health system or other related business within the Noncompete Area; or (ii) the acquisition by Seller of a hospital, medical center, or health system within the Noncompete Area as a part of a single

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

Noncompete Area means the counties of Atascosa, Bandera, Bexar, Comal, Guadalupe, Kendxxx, Xxxxna, and Wilson, Texas.