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 geographic areas within a radius of 90 miles of each of the following Offices: ▇▇▇▇ ▇. ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Notwithstanding the foregoing limitation, the Noncompete Area shall not include any portion of Tulsa County, Oklahoma.
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
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.
Notwithstanding the foregoing, ▇▇▇▇▇▇▇ is free to solicit and do business with clients of Command Center for work to be performed outside of 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.
More Definitions of Noncompete Area
Noncompete Area means the entirety of the continental United States of America.
Noncompete Area has the meaning set forth in Section 7.12.
Noncompete Area means (i) the United States, and (ii) any other country to whom Seller has sold products since December 31, 2013. ▇▇▇▇▇▇ ▇▇▇▇▇▇ 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 “ ▇▇▇▇▇▇ Covenant ”) and shall not otherwise have personal liability under or in connection with this Agreement.
Noncompete Area means the City of Adel, Georgia, and the area within thirty (30) miles of Adel, Georgia. 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 area within a ten (10) mile radius of the Facility. 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 (a) the area within a one hundred (100) mile radius of each location from, at, or for which Seller delivers pharmaceuticals as of the Closing and (b) the area within a one hundred fifty (150) mile radius of (i) each Texas location from which the business of Buyer or Affiliate is operated or conducted as of the Closing, and (iii) each location from which the Business is operated or conducted as of the 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.
Noncompete Area means (a) the area within a fifty (50) mile radius of each location at or for which Seller delivers pharmaceuticals as of the Closing, and (b) the area within a one hundred fifty (150) mile radius of (i) each Pennsylvania location from which the business of Buyer or Affiliate is operated or conducted as of the Closing and (ii) each location from which the Business is operated or conducted as of the 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.