Restrictive Term definition

Restrictive Term means the period commencing on the Closing Date and ending on [*].
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Restrictive Term means the period commencing on the Effective Date and ending on the fifth (5 th ) anniversary of the Effective Date.
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Restrictive Term means the period commencing on the Effective Date and ending on the fifth (5th) anniversary of the Effective Date.
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Examples of Restrictive Term in a sentence

  • In the event of a breach by Restricted Party of any covenant set forth in Sections 7.A of this Agreement, the Restrictive Term of such covenant will be extended by the period of the duration of such breach.

  • Employee has the right to terminate this Agreement (i) by prior written notice to the Company at any time for "Good Reason", or (ii) with ninety (90) days prior written notice to Employer for an effective date of termination to occur after the eighteen (18) months anniversary from the Effective Date ("Restrictive Term") for any or no reason (a "Voluntary Termination").

  • Such Mandate Individual agrees that during the Restrictive Term, such Mandate Individual will not, directly or indirectly, hire any salaried employee of LGE or any of its present or future Subsidiaries or Affiliates, or either directly or indirectly, hire on behalf of any third party any salaried employee of LGE or any such Subsidiary or Affiliate, without the prior written consent of LGE, excluding such Mandate Individual’s executive assistant.

  • In any event, Owner shall not be restricted from purchasing its Product Requirements in the open market during the Restrictive Term.

  • In the event that for any reason, other than for Good Reason, Employee terminates this Agreement during the Restrictive Term, all obligations of Employer under this Agreement shall terminate and Employee shall be obliged to pay Employer the sum of $200,000 ("Early Termination Fee").

  • Such Mandate Individual agrees that during the Restrictive Term, such Mandate Individual will not, directly or indirectly, solicit for hire any salaried employee of LGE or any of its present or future Subsidiaries or Affiliates, or either directly or indirectly, solicit for hire on behalf of any third party any salaried employee of LGE or any such Subsidiary or Affiliate, without the prior written consent of LGE, excluding such Mandate Individual’s executive assistant.


More Definitions of Restrictive Term

Restrictive Term means a period of the earlier of (i) four years from the Closing Date and (ii) the later of (A) six months from the initial commercial release date by Buyer of the video game based on the motion picture project currently entitled "The Matrix Revolutions" (the "Matrix III Game"), and (B) the earlier of (1) the date on which Buyer's publishing division makes an official corporate decision to permanently abandon development of the Matrix III Game, and (2) the date on which Buyer's license to develop and exploit the Matrix III Game is terminated.
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Restrictive Term means the period commencing on the Effective Date and ending on the fifth (5 th ) anniversary of the Effective Date. (ddd) “ Software ” means all computer software and related data and information, including source code, executable code, firmware, application
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Restrictive Term has the meaning set forth in Section 5.10(a).
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Restrictive Term is defined in Section 10.13.
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Restrictive Term shall have the meaning set forth in Section 6.14.
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Restrictive Term means, with respect to J. Xxxxx or Kxxxxx, the period commencing with the Closing and ending on the three (3)-year anniversary of the Closing Date; provided that, with respect to either such Mandate Individual, the Restrictive Term shall be deemed terminated earlier as follows:
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Related to Restrictive Term

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

  • Restrictive Agreement an agreement (other than a Loan Document) that conditions or restricts the right of any Borrower, Subsidiary or other Obligor to incur or repay Borrowed Money, to grant Liens on any assets, to declare or make Distributions, to modify, extend or renew any agreement evidencing Borrowed Money, or to repay any intercompany Debt.

  • Constructive Termination means:

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

  • Restrictive Covenant Agreement means any agreement, and any attachments or schedules thereto, entered into by and between the Participant and the Partnership or its Affiliates, pursuant to which the Participant has agreed, among other things, to certain restrictions relating to non-competition (if applicable), non-solicitation and/or confidentiality, in order to protect the business of the Partnership and its Affiliates.

  • 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.

  • For Good Reason as defined in Section 6.4.

  • Least restrictive alternative means the treatment and conditions of treatment which, separately and in combination, are no more intrusive or restrictive of freedom than reasonably necessary to achieve a substantial therapeutic benefit to the minor, or to protect the minor or others from physical injury;

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Restrictive Covenant has the meaning set forth in Section 6(c).

  • Noncompete Period shall have the meaning set forth in Section 9.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Restricted Territory means the United States of America.

  • Restrictive Covenant Violation means the Participant’s breach of the Restrictive Covenants listed on Appendix A or any covenant regarding confidentiality, competitive activity, solicitation of the Company’s vendors, suppliers, customers, or employees, or any similar provision applicable to or agreed to by the Participant.

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events:

  • Good Reason means:

  • Employment Date means the first date as of which an Employee is credited with an Hour of Service, provided that, in the case of a Break in Service, the Employment Date shall be the first date thereafter as of which an Employee is credited with an Hour of Service.

  • Restrictive Agreements as defined in subsection 3.3(a).

  • Restrictive Covenant Agreements is defined in the Recitals.

  • Effective TBD means that the date is to be determined by further Commission action. A date listed as "anticipated effective" may be subject to change. An Advice Letter Supplement is not a new filing, and there is no protest period unless indicated.

  • Restricted Area means an area, access to which is limited by the licensee or registrant for the purpose of protecting individuals against undue risks from exposure to sources of radiation. Restricted area does not include areas used as residential quarters, but separate rooms in a residential building may be set apart as a restricted area.

  • Constructive Termination Without Cause means the termination of the Executive’s employment at his initiative after, without the Executive’s prior written consent, one or more of the following events:

  • Non-Compete Period means the period commencing on the Effective Date and ending twelve months after the earlier of the expiration of the Employment Period or the Executive’s Date of Termination.

  • Severance Term means the six (6) month period following Employee’s termination by the Company without Just Cause (other than by reason of death or Disability) or by Employee for Good Reason; provided, that if such termination occurs within twelve (12) months following a Change in Control, the Severance Term shall be the twelve (12) month period following such termination.

  • Consulting Period has the meaning assigned thereto in Section 14(f) hereof.

  • 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.