Noncompete Parties definition

Noncompete Parties has the meaning set forth in Section 6.7(a).
Sample 1Sample 2
Noncompete Parties shall have the meaning ascribed to such term in the introductory paragraph of this Agreement.
Sample 1Sample 2
Noncompete Parties has the meaning set forth in the Recitals hereto.
Sample 1

Examples of Noncompete Parties in a sentence

  • The Noncompete Parties have negotiated the non-competition provisions of this Agreement as an integral part of the transaction.

  • The Noncompete Parties comprise every business entity Controlling, Controlled by, or under common Control (including, without limitation, through common ownership by Partners in the Territory) with, the Territory (other than Sub and its Subsidiaries), other than such business entities which are Controlled by the Territory or a Noncompete Party.

  • The Noncompete Parties further acknowledge that the Buyer would not have entered into this Agreement without the non-competition provisions contained herein.

  • Non-compete: Parties agree not to engage in business activities directly competing with the other party.

  • The Noncompete Parties willingly agree to the non-competition provisions of Section 5.9(b) hereof and agree that the non-competition provisions are reasonable and are necessary to induce the Buyer to enter into this Agreement.

  • Whenever “to the YTB Parties’ knowledge,” “to its knowledge,” “known” or a similar phrase is used with respect to the YTB Parties to qualify a representation or warranty of the YTB Parties, the “knowledge” so referred to shall be deemed to be the current, actual knowledge of any of the current executive officers of the YTB Parties and the Noncompete Parties.

  • The Depositor hereby acknowledges that the Reserve Account shall not be a part of the Trust.

  • Notwithstanding the foregoing, each of the Non-compete Parties may own, directly or indirectly, solely as an investment, securities of any Person traded on any national securities exchange only if such Seller is not a controlling Person of, or a member of a group which controls, such Person and does not, directly or indirectly, own 1% or more of any class of securities of such Person.

  • The provisions of this Article X and the rights and obligations of LuxCo, the Territory, the Noncompete Parties and PwCIL hereunder shall, except as otherwise set forth on the Local Structure Term Sheet, terminate on the fifth anniversary of the Closing Date; provided, that the provisions of Section 10.1(d) and (e) shall, except as otherwise set forth on the Local Structure Term Sheet, terminate on the third anniversary of the Closing Date.

  • BermudaCo, the Territory, the Noncompete Parties and PwCIL each agree that, notwithstanding Section 10.1 or this Section 10.2, nothing herein shall prohibit the investment or the retention of investments by the Territory, the Noncompete Parties, PwCIL or their respective Affiliates in no more than 5% of the issued and outstanding ownership interests of businesses which engage in Restricted Consulting Services.


More Definitions of Noncompete Parties

Noncompete Parties means DHCV and each of the individuals listed in Section 1.1(b) of the Disclosure Letter;
Sample 1
Noncompete Parties shall have the meaning set forth in Section 9.7.
Sample 1
Noncompete Parties means each of Xxxxxx Xxx Xxxxxx, Xxxxx Xxxxx, Xxxxx Xxxxx and Xxx Xxxxxxxx.
Sample 1

Related to Noncompete Parties

  • Noncompete Period or "Nonsolicitation Period" means the period beginning the date hereof and ending on the second anniversary of the termination of Employee's employment with Employer.

  • Non-Compete Period shall have the meaning set forth in Section 5.6(a).

  • Noncompetition Period has the meaning set forth in Section 9.01.

  • Non-Compete Term means in the case of termination for any reason, the period from the Effective Date to the date ending 2 years following the date of termination.

  • Noncompetition Agreements as defined in Section 2.4(a)(iv).

  • Compete means to provide Competitive Services, whether Employee is acting on behalf of himself/herself, or in conjunction with or in concert with any other entity, person, or business, including activities performed while working for or on behalf of a Customer.

  • Non-Compete Agreements shall have the meaning provided in Section 5.05.

  • Noncompetition Agreement shall have the meaning set forth in Section 5.9 of this Agreement.

  • Non-Compete Agreement means that certain Non-Compete Agreement between the Company and the Executive in substantially the form attached hereto as Exhibit B.

  • Restricted Parties has the meaning set forth in Section 6.7(a).

  • Nonsolicitation Period means the Employment Period and a period ending one year after the Date of Termination; and

  • Restrictive Period means the period beginning on the Effective Date and ending two (2) years after the termination of the Executive’s employment hereunder.

  • Non-Competition Period means the period the Executive is employed by the Company plus one (1) year from the Termination Date if the Executive's employment is terminated (i) by the Company for any reason, (ii) by the Executive for any reason, or (iii) by reason of either the Company's or the Executive's decision not to extend the term of this Agreement as contemplated by Section 1 hereof.

  • Company Parties means the collective reference to Holdings and its Restricted Subsidiaries, including the Borrower, and “Company Party” means any one of them.

  • Competition or “Competitions” means any competition comprised within the Event where the winner is awarded a prize. A Competition may be comprised of one or more qualification phase/sections, runs or heats, including official training sessions. In the FIS Rules, Competitions are sometimes also referred to as “races”.

  • Employee Invention means any idea, invention, technique, modification, process, or improvement (whether patentable or not), any industrial design (whether registerable or not), any mask work, however fixed or encoded, that is suitable to be fixed, embedded or programmed in a semiconductor product (whether recordable or not), and any work of authorship (whether or not copyright protection may be obtained for it) created, conceived, or developed by the Executive, either solely or in conjunction with others, during the Employment Period, or a period that includes a portion of the Employment Period, that relates in any reasonable way to, or is useful in any manner in, the business then being conducted or proposed to be conducted by the Employer, and any such item created by the Executive, either solely or in conjunction with others, following termination of the Executive’s employment with the Employer, that is based upon or uses Confidential Information.

  • Concert Parties means such persons as are deemed to be Acting in Concert with Mediahuis or INM (as the context so requires) pursuant to Rule 3.3 of Part A of the Takeover Rules, and such persons as are Acting in Concert with that party;

  • Founder means, in respect of an issuer, a person who,

  • Non-Competition Agreements has the meaning set out in Section 7.1.1.7;

  • Covenantor means the Person or Persons, if any, who execute this Mortgage as “Covenantor” and their respective heirs, personal representatives, successors or permitted assigns, as the case may be;

  • Competing Business means any business, individual, partnership, firm, corporation or other entity which wholly or in any significant part engages in any business competing with the Business in the Restricted Area. In no event will the Company or any of its affiliates be deemed a Competing Business.

  • Affiliated Entities means any legal entity, including any corporation, limited liability company, partnership, not-for-profit corporation, estate planning vehicle or trust, which is directly or indirectly owned or controlled by the Stockholder or his or her descendants or spouse, of which such Stockholder or his or her descendants or spouse are beneficial owners, or which is under joint control or ownership with any other person or entity subject to a lock-up agreement regarding the Common Stock with terms substantially identical to this Agreement.

  • Non-Competition Agreement has the meaning set forth in Section 2.1 of this Agreement.

  • Length of Employment means the period of time since an employee last became a full-time or part-time employee in a permanent or term position for purposes of calculating all entitlements pursuant to this Agreement including, but not limited to, vacation, bonus vacation and pre-retirement leave and “Length of Service” shall have a similar meaning. Conversion from full-time or part-time status to casual status shall be considered a break in service and no period of casual employment or prior full-time or part-time employment in a permanent or term position shall be included in an employee’s length of employment or length of service even when a casual employee subsequently becomes a full-time or part-time employee.

  • Releasees means each and any of the Defendants’ Releasees and each and any of the Plaintiffs’ Releasees.

  • Competitive Activities means any business activities in which the Company or any other member of the Company Group engage (or have committed plans to engage) during the Term of Employment, or, following termination of Employee’s employment hereunder, was engaged in business (or had committed plans to engage) at the time of such termination of employment.