Restrained Business definition

Restrained Business means any business or activity which is in competition with or substantially similar to the business of the Company;

Restrained Business means a business or operation involving the supply of products and services which are the same or substantially the same as the Banking Products and Services which the Agent is authorised to supply under this Agreement.

Restrained Business means any business which is involved in the development or utilisation of conservation data, the development or creation of any application (whether downloadable on mobile devices or any other technology) and any other business which competes with the business of BirdLasser during the Restraint Period;

Examples of Restrained Business in a sentence

• Each of the restraint obligations imposed by this clause 10 (which results from the combinations of Restraint Area, Restrained Business and Restraint Period) is a separate and independent obligation from the other restraint obligations imposed (although they are cumulative in effect).

• If any restraint obligation is judged to go beyond what is reasonable in the circumstances and necessary to protect the goodwill of the Business but would be judged reasonable if any Restrained Business were deleted or a Restraint Period or a Restraint Area were reduced, then the Restraint applies with that activity deleted or period or area reduced so as to make the Restraint reasonable in the circumstances.

• The Consultant shall not during any of the Restraint Periods and within any of the Restraint Areas conduct, carry on or promote (whether on his own account, in partnership, in joint venture or as employee or agent of or manager for any other person) any Restrained Business.

• Nothwithstanding the preceding sentence, the Sellers and their Affiliates shall be entitled to acquire companies and/or businesses (a "Target") during the Restraint Periods, within the Restraint Areas which conducts, carries on or promotes a Restrained Business, PROVIDED ALWAYS that the core business of any such Target is not any Restrained Business.

• The Vendor undertakes to the Purchaser that, during the Restraint Period, the Vendor will not, and will procure that the Affiliates do not, directly or indirectly, solicit, canvass, approach or accept any approach from any employee, contractor, service provider or supplier of or to the Company, for the purpose of engaging their services or goods in connection with any Restrained Business.

More Definitions of Restrained Business

Restrained Business means a business, operation or activity similar to, or competitive with, the Business or any part of it.

Restrained Business the business of commercializing any granted U.S. patents licensed to Blacksand, or any other Intellectual Property Rights held by Blacksand, as of the Exercise Date; provided that, for the avoidance of doubt, such term shall not include any legal obligation of academic service of Zak to the University of Utah or any affiliate thereof. (qq)

Restrained Business means any business involved in the design, manufacture or distribution of energy savings devices which competes with the Business as at the Completion Date.

Restrained Business means a business or operation similar to, or competitive with, the Business and, without limitation, includes each of the businesses described in Part 1 of Schedule 8 separately; and

Restrained Business means a business or operation similar to, or competitive with, the Business of the Group Companies (or any of them) or similar to, or competitive with, the business of providing any software or services related to document management records management, collaboration, digital asset management, web content management, enterprise content management, or smart enterprise suites but does not include the Buyer, Vignette or any of its related bodies corporate.

Restrained Business has the meaning given in Clause 3.1(a) (Restrictions on the Sellers);

Restrained Business means a business of refining raw material to produce starch and supplying that starch and by-products of the refining process to third parties in direct competition with a Body Corporate.