Restrictive Territory definition

Restrictive Territory has the meaning set forth in Section 5.4(e)(ii) of this Agreement.
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Restrictive Territory means each of the fifty states of the United States. Notwithstanding the foregoing, Executive may own, directly or indirectly, solely as an investment, up to one percent (1%) of any class of “publicly traded securities” of any business that is competitive or substantially similar to the Business. 10.Breach of this Agreement. Each party acknowledges that upon material breach of any provision of this Agreement, the Company its officers and directors, on the one hand, and Executive on the other hand, would sustain irreparable harm from such breach, and, therefore, each party agrees that in 4 addition to any other remedies which a party may have for any material breach of this Agreement or otherwise, such party shall be entitled to obtain equitable relief including specific performance, injunctions and restraining the other party from committing or continuing any such violation of this Agreement.
Sample 1
Restrictive Territory means (A) in the case of clause (i) of the immediately preceding paragraph, each and every jurisdiction throughout the world, and (B) in the case of clause (ii) of the immediately preceding paragraph, each and every jurisdiction throughout the world in which the Company engaged in (or planned to engage in) the business of distributed gaming or the applicable other line of business at the time of such termination.
Sample 1

Examples of Restrictive Territory in a sentence

  • If, but only if, this Restrictive Territory is held to be invalid on the ground that it is unreasonably broad, the Restricted Territory shall include each location from which Executive can conduct business in any of the following locations: the United States (including each state in which the Company conducts sales or operations), Canada, the United Kingdom, and each policital subdivision of each of the foregoing countries.

  • If, but only if, this Restrictive Territory is held to be invalid on the grounds that it is unreasonably broad, then the restricted territory shall be the United States (including each state in which the Company conducts sales or operations), Canada, the United Kingdom, any other country in which the Company conducts sales or operations, and each policital subdivision of each of the foregoing countries in which Company can articulate a legitimate protectible business interest.

  • Competing Business shall be defined as any business that engages, in whole or in part, in the manufacturing or marketing of activewear tee shirts in the United States of America (the "Restrictive Territory"), and Executive's employment function or affiliation is directly or indirectly in such business of activewear tee shirt manufacturing or marketing.

  • Panelists included Mr. Tosi Mpanu Mpanu, LDC Chair, Ms. Janine Felson, Belize, and Mr. Archie Young, United Kingdom.

  • Acquiror represents and Employee understands that, following the Purchase, Acquiror will continue conducting the Company’s business in the Restrictive Territory.

  • Shareholder acknowledges and agrees that the market for the Business is very competitive within the Restrictive Territory (as defined herein), and one way that Diablo maintained its business and its competitive position in the marketplace prior to the Closing was by investing time and money in developing proprietary products, unique approaches to the business, banking systems and strong client, vendor, and employee relationships.

  • Buyer represents and Employee understands that, following the Transaction, Buyer will conduct the Business (as defined below) in the Restrictive Territory.

  • If, but only if, this Restrictive Territory is held to be invalid on the grounds that it is unreasonably broad, then the restricted territory shall be the United States (including each state in which the Company conducts sales or operations), Canada, the United Kingdom, any other country in which the Company conducts sales or operations, and each political subdivision of each of the foregoing countries in which Company can articulate a legitimate protectable business interest.

  • If, but only if, this Restrictive Territory is held to be invalid on the grounds that it is unreasonably broad, then the restricted territory shall be the United States (including each state in which the Company conducts sales or operations), Canada, the United Kingdom, any other conuntry in which the Company conducts sales or operations, and each policital subdivision of each of the foregoing countries in which Company can articulate a legitimate protectible business interest.

  • Acquiror represents and Securityholder understands that, following the Merger, Acquiror will continue conducting the Company’s business in the Restrictive Territory.


More Definitions of Restrictive Territory

Restrictive Territory means the geographic area within which the Business Activities are conducted including the United States.
Sample 1
Restrictive Territory means each of the fifty states of the United States, Mexico and Canada.
Sample 1

Related to Restrictive Territory

  • Restricted Territory means the United States of America.

  • Exclusive Territory means (1) the states of Illinois, Wisconsin, and Indiana; and

  • Geographic Territory means the United States of America, including all of its territories and possessions, unless otherwise specified.

  • the Territory means the sub-Saharan Continent, south of the 15N latitude.

  • Restricted Territories means: (i) Cuba, Sudan, Iran, North Korea, Syria and the territory of Crimea / Sevastopol; and (ii) any other country or territory that is subject to sanctions by the United Kingdom, the European Union, the U.S, United Nations or elsewhere.

  • geographical indication , in relation to goods, means an indication which identifies such goods as agricultural goods, natural goods or manufactured goods as originating, or manufactured in the territory of a country, or a region or locality in that territory, where a given quality, reputation or other characteristic of such goods is essentially attributable to its geographical origin and in case where such goods are manufactured goods one of the activities of either the production or of processing or preparation of the goods concerned takes place in such territory, region or locality, as the case may be.

  • Competing Product means [***].

  • Geographic Region means large areas where similar combinations of climate, geomorphology, and potential natural vegetation occur, established for the purposes of implementing the water protection rules.

  • Service Territory means the geographic area within which PG&E as a Utility Distribution Company is authorized and required to provide electric transmission and distribution service.

  • Geographic Area means the three digit zip code in which the service, treatment, procedure, drugs or supplies are provided; or a greater area if necessary to obtain a representative cross-section of charge for a like treatment, service, procedure, device drug or supply.

  • Licensed Territory means worldwide.

  • Territory means worldwide.

  • 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.

  • Competing Products means any product or service in existence or under development that competes with any product or service of the Company Group about which the Participant obtained Confidential Information or for which the Participant provided advisory services or had sales, origination, marketing, production, distribution, research or development responsibilities in the last twenty-four (24) months of employment with the Company Group.

  • Protected Territory means the United States of America.

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

  • Licensed Field means [***].

  • 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.

  • U.S. Territory means American Samoa, the Commonwealth of the Northern Mariana Islands, Guam, the Commonwealth of Puerto Rico, or the U.S. Virgin Islands.

  • Geographical Area means North America, Europe or Asia Pacific, as the case may be.

  • Licensed Field of Use means all fields.

  • Competitive Activities means any business activities in which the Company or any other member of the Company Group engage (or have committed plans to engage) during the Term of Employment, or, following termination of Employee’s employment hereunder, was engaged in business (or had committed plans to engage) at the time of such termination of employment.

  • Coverage territory means the United States of America (including its territories and possessions), Puerto Rico and Canada.

  • licensed activities means things authorised to be done by the licence

  • 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.

  • Licensed Fields of Use means the fields of use identified in Appendix B.