Restricted Lines of Business definition

Restricted Lines of Business means the business lines that the Company Group was operating as of the Date of Termination (if the conduct occurs after Executive’s termination) or the date of the conduct in question (if the conduct occurs during the Employment Period). For purposes of clarity and the avoidance of doubt, “Business” and “Restricted Lines of Business” do not as of the Effective Date include intermittent Medicare, Medicare visits or hospice services.
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Restricted Lines of Business means, with respect to any Participant, (a) in the case where there is no employment, consulting or similar agreement in effect between the Company or a Subsidiary and the Participant as of the Participant’s Termination Date (or where there is such an agreement but it does not define “restricted lines of business”), all of the business lines that the Company Group was operating or actively considering as of the Participant’s Termination Date; or (b) in the case where there is an employment, consulting or similar agreement in effect between the Company or a Subsidiary and the Participant as of the date of the conduct in question or as of the Participant’s Termination Date that defines “restricted lines of business”, “restricted lines of business” as defined under such agreement. If the conduct in question occurs during the Participant’s employment with the Company Group and there is no employment, consulting or similar agreement in effect between the Company or a Subsidiary and the Participant (or where there is such an agreement but it does not define “restricted lines of business”), “Restricted Lines of Business” shall mean all of the business lines that the Company Group was operating or actively considering as of the date of the conduct in question.
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Restricted Lines of Business see Section 9.7(b).
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Examples of Restricted Lines of Business in a sentence

  • Notwithstanding the foregoing, this Section 11.4 shall not restrict a Participant from passively investing in or holding up to two percent (2%) of the equity securities of an entity engaged in the Restricted Lines of Business, which securities are publicly traded.

  • During the Restricted Period, a Participant will not, directly or indirectly, on his or her own behalf or on behalf of any other person or entity, (a) solicit any business related to the Restricted Lines of Business or (b) solicit any customer or referral source of any member of the Company Group to terminate or modify to such member of the Company Group’s disadvantage such customer’s or referral source’s business relationship with such member of the Company Group.

  • As of the date of this Agreement, there are no other outstanding shares of capital stock or voting securities of Coulxxx xxx no outstanding commitments to issue any shares of capital stock or voting securities of Coulxxx xxxer than pursuant to the exercise of options and Purchase Rights outstanding as of the date hereof under the Coulxxx Xxxity Plans.

  • This paragraph also shall not restrict Xxxxxxx from becoming employed by a company which engages in the Restricted Lines of Business, as long as Xxxxxxx’x services for such employer are entirely separate from and unrelated to the Restricted Lines of Business and Xxxxxxx otherwise complies with the confidentiality and nonrecruitment restrictions of this Section 7.

  • This paragraph also shall not restrict EMPLOYEE from becoming employed by a business which engages in the Restricted Lines of Business as long as EMPLOYEE does not perform the same or substantially the same duties as EMPLOYEE performed for PSA and EMPLOYEE otherwise complies with the restrictions of this Section.

  • Following his Date of Termination, this paragraph also shall not restrict Executive from becoming employed by a company which engages in the Restricted Lines of Business, as long as Executive’s services for such employer are entirely separate from and unrelated to the Restricted Lines of Business and Executive otherwise complies with the confidentiality and nonrecruitment restrictions of this Article IX.

  • During the Restricted Period, Xxxxxxx will not, directly or indirectly, on his own behalf or on behalf of another, acquire an ownership interest in or act in the capacity of a director, officer, manager, supervisor, partner or consultant for any business which engages in one or more of the Restricted Lines of Business (as defined below) in the Restricted Territory (as defined below).

  • During the Restricted Period, Executive will not, directly or indirectly, on his own behalf or on behalf of any other person or entity, (i) carry on, engage in, or have ownership in any entity engaging in one or more of the Restricted Lines of Business within the Restricted Territory or (ii) provide Restricted Services to any person or entity which is engaged in one or more of the Restricted Lines of Business within the Restricted Territory.

  • The Restricted Lines of Business shall include the following business lines that PSA or its subsidiaries was operating as of the date of termination: (i) Pediatric Nursing Services; (ii) Care centers substantially similar to PSA’s Prescribed Pediatric Extended Care Centers; (iii) Specialty Pharmacy and Infusion Therapy Services; (iv) Respiratory Therapy and Home Medical Equipment Services; or (v) Pediatric Case Management Services.

  • During the Restricted Period, Executive will not, directly or indirectly, on his own behalf or on behalf of another, acquire an ownership interest in or act in the capacity of a director, officer, manager, supervisor, partner or consultant for any business which engages in one or more of the Restricted Lines of Business (as defined below) in the Restricted Territory (as defined below).


More Definitions of Restricted Lines of Business

Restricted Lines of Business include any business line that the Company (directly or through its Affiliates) engages in as of the Agreement Date, more specifically described as follows:
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Restricted Lines of Business means the PDN Business Line, Therapy Business Line, Autism Business Line and Enteral Business Line, and any other business lines that the Company Group was operating in or actively considering as of the Date of Termination (if the conduct occurs after Executive’s termination) or the date of the conduct in question (if the conduct occurs during the Employment Period). As used herein, “PDN Business Line” means private duty nursing and such services provided by skilled and unskilled providers and related services, and prescribed pediatric extended care, and such other services as are part of the PDN business line as of the Date of Termination (if the conduct occurs after Executive’s termination) or the date of the conduct in question (if the conduct occurs during the Employment Period). As used herein, “Therapy Business Line” means physical therapy, occupational therapy, speech therapy, behavioral therapy and related services, and such other services as are part of the therapy business line as of the Date of Termination (if the conduct occurs after Executive’s termination) or the date of the conduct in question (if the conduct occurs during the Employment Period). As used herein, “ABA/Autism Business Line” means applied behavioral analysis, home care, behavioral therapy and related services provided to autism patients, and such other services as are part of the autism business line as of the Date of Termination (if the conduct occurs after Executive’s termination) or the date of the conduct in question (if the conduct occurs during the Employment Period). As used herein, “Enteral Business Line” means Enteral, nutritional services and related services, and such other services as are part of the enteral business line as of the Date of Termination (if the conduct occurs after Executive’s termination) or the date of the conduct in question (if the conduct occurs during the Employment Period).
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Related to Restricted Lines of Business

  • Permitted Line of Business as defined in Section 7.14(a).

  • Restricted List means the list of companies maintained by the Compliance Officer about which the Adviser or its affiliates potentially possess material nonpublic information.

  • Line of Business means any of the following services provided by the Contractor: Residential

  • Eligible Line of Business means any business engaged in as of the date of this Agreement by the Borrower or any of its Subsidiaries.

  • Restricted License is any material license or other agreement with respect to which Borrower is the licensee (a) that prohibits or otherwise restricts Borrower from granting a security interest in Borrower’s interest in such license or agreement or any other property, or (b) for which a default under or termination of could interfere with the Bank’s right to sell any Collateral.

  • Terms of Business means Jersey Post’s Terms of Business, a copy of which is available at www.jerseypost.com, as amended from time to time.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Material Restricted Subsidiary any Restricted Subsidiary other than one or more Restricted Subsidiaries designated by the Borrower that in the aggregate do not constitute Material Subsidiaries.

  • Converted Restricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Restricted Supplier means any person, company, business entity or other organisation whatsoever who has supplied goods or services to the Company or any Group Company (other than utilities and goods or services supplied for administrative purposes) during any part of the Relevant Period or who has agreed prior to the Termination Date to supply goods or services to the Company to commence at any time in the 12 months following the Termination Date.

  • Class of business means all or a distinct grouping of small employers as shown on the records of the small employer carrier.

  • 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—

  • Permitted Licenses are (A) licenses of over-the-counter software that is commercially available to the public, and (B) non-exclusive and exclusive licenses for the use of the Intellectual Property of Borrower or any of its Subsidiaries entered into in the ordinary course of business, provided, that, with respect to each such license described in clause (B), (i) no Event of Default has occurred or is continuing at the time of such license; (ii) the license constitutes an arms-length transaction, the terms of which, on their face, do not provide for a sale or assignment of any Intellectual Property and do not restrict the ability of Borrower or any of its Subsidiaries, as applicable, to pledge, grant a security interest in or lien on, or assign or otherwise Transfer any Intellectual Property; (iii) in the case of any exclusive license, (x) Borrower delivers ten (10) days’ prior written notice and a brief summary of the terms of the proposed license to Collateral Agent and the Lenders and delivers to Collateral Agent and the Lenders copies of the final executed licensing documents in connection with the exclusive license promptly upon consummation thereof, and (y) any such license could not result in a legal transfer of title of the licensed property but may be exclusive in respects other than territory and may be exclusive as to territory only as to discrete geographical areas outside of the United States; and (iv) all upfront payments, royalties, milestone payments or other proceeds arising from the licensing agreement that are payable to Borrower or any of its Subsidiaries are paid to a Deposit Account that is governed by a Control Agreement.

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

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Non-Restricted Subsidiary means any Subsidiary of the Company other than a Restricted Subsidiary.

  • Restricted List Securities means the list of securities that are provided to the Compliance Department by Invesco Ltd. or investment departments, which include those securities that are restricted from purchase or sale by Client or Employee accounts for various reasons (e.g., large concentrated ownership positions that may trigger reporting or other securities regulatory issues, or possession of material, non-public information, or existence of corporate transaction in the issuer involving an Invesco Ltd. unit).

  • Significant Restricted Subsidiary means a Restricted Subsidiary that would be a “significant subsidiary” within the meaning of the definition of “significant subsidiary” in Article 1, Rule 1-02(w) of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the Original Issue Date; provided that in each instance in such definition in which the term “10 percent” is used, the term “5 percent” shall be substituted therefor.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Restricted Services means services of any kind or character comparable to those Executive provided to the Company during the eighteen (18) month period immediately preceding Executive’s last date of employment with the Company.

  • 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.

  • License Subsidiary means a direct or indirect wholly-owned Restricted Subsidiary of the Parent Borrower substantially all of the assets of which consist of Broadcast Licenses and related rights.

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”

  • Subsidiary(ies) means any other corporation, association, joint stock company, business trust, limited liability company, partnership or any other business entity of which more than fifty percent (50%) of the outstanding voting stock, share capital, membership, partnership or other interests, as the case may be, is owned either directly or indirectly by any Person or one or more of its Subsidiaries, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by any Person and/or its Subsidiaries. Unless otherwise specified to the contrary herein or the context otherwise requires, Subsidiary(ies) shall refer to the Subsidiary(ies) of the Borrower.