Restricted Business Opportunity definition

Restricted Business Opportunity has the meaning set forth in Section 3.3(b).
Sample 1Sample 2
Restricted Business Opportunity means any opportunity (including any expansion opportunities) of Apache to acquire or invest, directly or indirectly (including equity investments), in any midstream assets or participate in any midstream opportunities located, in whole or part, within the area outlined by the outer line (in blue) on the map set forth on Schedule 1.1 attached hereto; provided, however, that “Restricted Business Opportunity” shall not include (a) any opportunity relating to the Apache Retained Assets or any of Apache’s upstream activities, including the acquisition or development of any E&P Assets, (b) any actions performed by Apache related to contractual obligations existing prior to the Effective Date and any obligations performed in accordance with any applicable FERC or Texas Railroad Commission requirements, or (c) any of the Services (as such term is defined in each of the Dedication Agreements) that are related to areas that are permanently released from dedication pursuant to the terms of each of the Dedication Agreements, as applicable.
Sample 1Sample 2
Restricted Business Opportunity means any potential opportunity in the Restricted Business.
Sample 1

Examples of Restricted Business Opportunity in a sentence

  • If Executive wishes to pursue a Restricted Business Opportunity, then Executive may request permission to pursue such opportunity from the General Counsel of the General Partner, and which permission may be withheld, at the General Partner’s sole discretion, for any reason or no reason at all.

  • If Executive wishes to pursue a Restricted Business Opportunity, then Executive must request permission to pursue such opportunity from the General Counsel of the General Partner, and which permission may be withheld, at the General Partner’s sole discretion, for any reason or no reason at all.

  • For a period of five (5) years commencing on the Closing Date, each of the Parent and Seller will provide the Buyer will written notice of any Restricted Business Opportunity that comes to its attention, which notice will contain all information which is known to the Parent or Seller, as the case may be, that could reasonably be expected to impact a decision on the part of the Buyer regarding whether to pursue any such Restricted Business Opportunity.

  • Apache shall not pursue any Restricted Business Opportunity or Third Party RBO, as applicable, except in accordance with this ARTICLE II.

  • An RBO Notice shall include an offer to permit KAAC or its designated Subsidiaries to pursue the Restricted Business Opportunity or Third Party RBO, as applicable, to which such RBO Notice relates and an undertaking by Apache not to pursue such Restricted Business Opportunity or Third Party RBO, as applicable, until permitted to do so in accordance with Section 2.1(c).

Related to Restricted Business Opportunity

  • Restricted business operations means business operations in Sudan that include power production activities, mineral extraction activities, oil-related activities, or the production of military equipment, as those terms are defined in the Sudan Accountability and Divestment Act of 2007 (Pub. L. 110-174). Restricted business operations do not include business operations that the person (as that term is defined in Section 2 of the Sudan Accountability and Divestment Act of 2007) conducting the business can demonstrate—

  • Business Opportunity means any commercial, investment or other business opportunity relating to the Business.

  • Restricted Business has the meaning set forth in Section 6.10(a).

  • Permitted Business means any business conducted by the Company, its Restricted Subsidiaries or CTSH and its Subsidiaries on the date hereof and any other business related, ancillary or complementary to any such business.

  • Permitted Businesses means the business of owning, leasing and managing gasoline stations, convenience store properties and other retail real properties (including, for the avoidance of doubt, quick service or other casual restaurants and auto service and auto parts stores), and any other single-tenant net lease business, and business activities reasonably related to the foregoing (including the creation or acquisition of any interest in any Subsidiary (or entity that following such creation or acquisition would be a Subsidiary) for the purpose of conducting the foregoing activities), in each case that are permitted for real estate investment trusts under the Code.

  • Business Opportunities means all ideas, concepts or information received or developed (in whatever form) by you concerning any business, transaction or potential transaction that constitutes or may constitute an opportunity for the Company to earn a fee or income, specifically including those relationships that were initiated, nourished or developed at the Company’s expense. Confidential Information does not include data or information: (1) which has been voluntarily disclosed to the public by the Company, except where such public disclosure has been made by you without authorization from the Company; (2) which has been independently developed and disclosed by others; or (3) which has otherwise entered the public domain through lawful means.

  • Permitted Business Investment means any Investment made in the ordinary course of, and of a nature that is or shall have become customary in, the Oil and Gas Business including investments or expenditures for actively exploiting, exploring for, acquiring, developing, producing, processing, gathering, marketing or transporting oil, natural gas or other Hydrocarbons and minerals through agreements, transactions, interests or arrangements which permit one to share risks or costs, comply with regulatory requirements regarding local ownership or satisfy other objectives customarily achieved through the conduct of the Oil and Gas Business jointly with third parties including:

  • Associated Business means a business that owns at least 50% of and controls, directly or indirectly, an authorized business.

  • Prohibited Business shall be defined as any business and any branch, office or operation thereof, which is a primary competitor of the Company with respect to the Business wherever the Company does business, in North America or abroad.

  • Active business operations means all business operations that are not inactive business operations.

  • Qualified business means a for-profit business that obtains services relating to that business from 30 or fewer employees or employees of independent contractors performing services substantially similar to employees during a random week in the year ending on the tax day. If a person is a unified business group as that term is defined in section 117 of the Michigan business tax act, 2007 PA 36, MCL 208.1117, the number of employees from whom services are obtained includes all employees of the unitary business group and employees of independent contractors of the unitary business group rendering services to the qualified business.

  • Excluded Businesses has the meaning set forth in Schedule 1.

  • regulated business means a business which is required to be licensed under one or other of the regulatory laws;

  • Permitted Business Investments means Investments by the Company or any of its Restricted Subsidiaries in any Unrestricted Subsidiary of the Company or in any Joint Venture, provided that:

  • Controlled unaffiliated business means a company:

  • Excluded Business means a Business excluded from application for an Inter- Community Business Licence and includes those Businesses referred to in Schedule A attached hereto and forming part of this bylaw.

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Sexually oriented business means an adult arcade, adult bookstore or adult video store, adult cabaret, adult motel, adult motion picture theater, adult theater, escort agency, nude model studio, or sexual encounter center.

  • Restricted Geographic Area is defined as all countries, territories, parishes, municipalities and states in which Company is doing business or is selling its products at the time of termination of Employee’s employment with Company, including but not limited to every parish and municipality in the state of Louisiana. Employee acknowledges that this geographic scope is reasonable given Employee's position with Company, the international scope of Company's business; and the fact that Employee could compete with Company from anywhere Company does business.

  • Related Business means any business in which the Company or any of the Restricted Subsidiaries was engaged on the Issue Date and any business related, ancillary or complementary to such business.

  • Business concern or business means a business that has annual gross sales of less than $75,000,000 as evidenced by the federal income tax return of the business. A firm with gross sales in excess of this cap may apply to the Council for certification for a particular contract if the firm can demonstrate that the contract would have significant impact on businesses owned by minorities, women, or persons with disabilities as suppliers or subcontractors or in employment of minorities, women, or persons with disabilities.

  • Competitive Business Activity means:

  • food business operator means the natural or legal persons responsible for ensuring that the requirements of food law are met within the food business under their control;

  • Consolidated Businesses means, at any time, the Borrower and Subsidiaries of the Borrower that the Borrower consolidates in its consolidated financial statements prepared in accordance with GAAP, provided, however, that UJVs which are consolidated in accordance with GAAP are not Consolidated Businesses.

  • Separate Business means each of the activities of the Licensee connected

  • Company Business means the business of the Company as presently conducted.