Examples of Proscribed Area in a sentence
Accordingly, Tenant on behalf of itself and such Affiliated Persons, agrees that during the Term of this Agreement neither Tenant, nor any Affiliated Person of Tenant shall open, develop, operate, manage, franchise, own, lease or have any other interest in a Conflicting Business within the Proscribed Area.
However, any such Conflicting Business existing within the Proscribed Area on the date of this Lease may continue to be operated, managed, conducted and owned by Tenant or any Affiliate or subsidiary of Tenant in the same manner as on the date of this Lease.
Accordingly, Tenant on behalf of itself and its Affiliated Persons, and Wyndham and Manager (who have joined in the execution of this Lease to acknowledge the restriction herein), agree that subject to any qualifications in EXHIBIT "I", during the Term of this Agreement neither Tenant, Wyndham, Manager nor any Affiliated Person of Tenant, Wyndham or Manager shall open, develop, operate, manage, franchise, own, lease or have any other interest in a Conflicting Business within the Proscribed Area.
Accordingly, Tenant on behalf of itself and its Affiliates, and Tenant's manager (who has joined in the execution of this Lease solely to acknowledge the restriction herein) agree that during the Term of this Lease neither Tenant, nor any Affiliate of Tenant nor Tenant's manager, shall operate, manage, franchise, own or have any other interest in a Conflicting Business within the Proscribed Area.
Accordingly, Tenant on behalf of itself and such Affiliated Person, agrees that during the Term of this Agreement neither Tenant, nor any Affiliated Person of Tenant shall open, develop, operate, manage, franchise, own, lease or have any other interest in a Conflicting Business within the Proscribed Area without Landlord’s permission.
Proscribed Area shall mean the area within a radius of 100 aerial miles from the location of any plan or other business which is within the prohibition of the first sentence of this subsection.
Accordingly, Tenant on behalf of itself, its Affiliates and the Xxx Family, agrees that during the Term, neither Tenant nor any Affiliate of Tenant nor any member of the Xxx Family, shall open, develop, operate, manage, franchise, own, lease or have any other interest in a Conflicting Business within the Proscribed Area, except for the activities or facilities set forth on Exhibit K attached hereto.
Accordingly, Tenant on behalf of itself and such Affiliated Persons, agrees that during the Term of this Lease, subject to provisions of this Section 4.5, neither Tenant, nor any Affiliated Person of Tenant shall open, develop, operate, manage, franchise, own, lease or have any other interest in a Conflicting Business within the Proscribed Area without the prior written consent of the Landlord.